94558, Napa, CA

Home Equity and Home Prices in the 94558 Zip Code of Napa, CA

The home equity and home prices in the 94558 zip code of Napa, CA are very high. The median home value in this zip code is $1,049,000, which is more than double the national median home value of $217,500. The average home value in this zip code is also very high at $1,814,000. This means that there are a lot of homes in this zip code that are worth a lot of money.

One reason why the home values in this zip code are so high is because there are a lot of wealthy people living here. The percentage of households earning over $200,000 per year is high here (41% vs. 27% nationally). Additionally, the percentage of households with an income over $1 million is also high here (5% vs. 2% nationally). These factors combined mean that there are a lot of people who can afford to buy a house in this zip code and pay it off quickly.

Another reason why the home values in this zip code are so high is because there aren't many houses available for sale. There were only 594 homes available for sale as of March 2017, which is less than half the number of homes that were available for sale two years ago (1,471). This means that if you want to buy a house in this zip code you will likely have to wait awhile before you can do so.