94536, Fremont, CA

The Fremont, CA 94536 zip code has a population of around 210,000 people and is located in the eastern part of the San Francisco Bay Area. The median home value in this zip code is $1,010,000 which is significantly higher than the national median home value of $177,500. This high home value may be due to the strong economy and high demand for housing in Fremont.

Home equity is important to many people because it provides them with a cushion against unexpected financial challenges. Home prices are also important to many people because they are one indicator of how well the economy is doing. In general, when the economy is doing well, there is more demand for housing and therefore higher home values. However, when the economy goes into recession or slows down significantly, there may be less demand for housing and lower home values.

Since 2007, Fremont has seen strong growth in both home equity and home prices. Between 2007 and 2016 alone, Fremont's home equity grew by an average of 34%. Meanwhile, during that same time period (2007-2016), Fremont's average home price increased by an average of 36%. This indicates that while there was some market volatility over that time period (e.g., 2008-2009), overall demand for housing was very strong in Fremont during that time period.

Looking forward into the future, it seems likely that Fremont's trend of strong growth in both home equity and home prices will continue. In fact, according to Zillow's latest report on California real estate trends*, Zillow expects Fremont's median house value to grow by an additional 18% between 2017 and 2021*. This indicates that even though there may be some market volatility from time to time (e.g., recessions), overall demand for housing remains very strong in Fremont - which should continue to support highhome values here over the long term