94564, Pinole, CA

Home Equity and Home Prices in the 94564 Zip Code of Pinole, CA

The home equity and home prices in the 94564 zip code of Pinole, CA are very high. The median home value in this zip code is $527,000, which is more than double the statewide median home value of $178,500. In addition, the percentage of homes that are worth more than their original purchase price is also high in this zip code. Over 60% of homes in this zip code are worth more than their original purchase price. This is significantly higher than the statewide average of just over 40%.

One reason for this high level of home equity and home prices in the 94564 zip code of Pinole, CA may be that there are a lot of wealthy residents living here. The percentage of households earning over $200,000 per year is well above the statewide average. Additionally, there are a lot of jobs located in and around Pinole, which may contribute to higher levels of income and property values.

Despite these high levels of home equity and home prices, it's important to keep in mind that not everyone living in the 94564 zip code can afford to buy a house at these prices. There are a lot of people who live here who don't have enough money to buy a house outright or who need to borrow money to do so. For those people, owning a house may not be an option for them even if they're able to afford it on paper.