95010, Capitola, CA

The 95010 zip code of Capitola, CA has a median home value of $1,078,000. This is a decrease from the previous year when the median home value was $1,158,000. The percentage of homes in this zip code that are valued at over $1 million has increased from 2% to 4%.

There are many factors that could be contributing to this decrease in home values. One possibility is that there may be more homes for sale in this zip code than there are buyers interested in purchasing them. Another possibility is that interest rates have decreased and are therefore making it more difficult for people to afford a home. Finally, some people may be selling their homes because they are moving away or they have decided to downsize.

Despite these decreases in home values, the 95010 zip code still has a high concentration of homes that are valued at over $1 million. This indicates that there is still strong demand for luxury properties in this area.