94520, Concord, CA

Home Equity and Home Prices in the 94520 Zip Code of Concord, CA

There is no one answer to the question of how much home equity and home prices vary within a given zip code. However, some factors that can influence home equity and home prices include: the level of unemployment in a given area, average income levels, age of homes in a given area, and availability of housing.

According to Zillow's 2018 Home Value Report, the median home value in the 94520 zip code is $527,500. This means that there is a wide range of home values within this zip code - from homes worth less than $200,000 to homes worth more than $1 million. Additionally, Zillow reports that the median rent price in this zip code is $2,100/month - which means that homeownership rates are high relative to rental rates.

Overall, it appears that homeownership rates are high in the 94520 zip code - which may be attributable to low levels of unemployment here. Additionally, incomes appear to be relatively high here too - which may help contribute to higher home values.