95033, Los Gatos, CA

The 95033 zip code of Los Gatos, CA has a median home value of $1,146,000 and a median home equity value of $527,000. The average home price in the 95033 zip code has increased by 9.2% over the past year and is projected to increase by an additional 5.4% in the next year.

The 95033 zip code is located in Silicon Valley and has a high concentration of technology companies such as Apple, Google, Facebook, and Intel. These companies have contributed to the high demand for housing in this area and have helped to drive up home prices. Additionally, the 95033 zip code is close to many amenities such as shopping malls, restaurants, and theaters. As a result, residents are able to enjoy all that the area has to offer without having to spend a lot of money on transportation costs.

Despite these positive factors, there are some risks associated with buying or owning a home in the 95033 zip code. For example, if the economy weakens or there are other economic problems in the area (such as an earthquake), then prices may decline significantly. Additionally, if interest rates rise significantly from their current levels (which they are likely to do at some point), then it will be more expensive for people who owe money on their mortgages or who have loan balances above their homes' values. In spite of these risks though, overall buying or owning a home in the 95033 zip code appears to be a good investment proposition at this time