95054, Santa Clara, CA

The 95054 zip code of Santa Clara, CA has a median home value of $1,060,000. The 95054 zip code is located in the Silicon Valley and has a population of over 1 million people. The median age in the 95054 zip code is 36 years old and there are a high number of households with children under the age of 18 living in the 95054 zip code.

There has been an increase in home equity and home prices in the 95054 zip code over the past few years. In 2013, the median home value was $947,500 which increased to $1,060,000 by 2016. This increase can be attributed to several factors including an increase in demand for housing due to an influx of high-tech jobs and an increasing number of young families moving into the area. Additionally, there have been limited available properties for sale within the 95054 zip code which has driven up prices.

Despite this increase in prices, there are still many homeowners who are able to afford their homes thanks to strong home equity values. Homeowners who have maintained their homes over time have seen their home equity values grow significantly as well. As long as homeowners continue to make timely payments on their mortgages and keep up with regular maintenance tasks, they should be able to maintain their homes and see continued increases in their home equity values.