95111, San Jose, CA

Home Equity and Home Prices in the 95111 Zip Code of San Jose, CA

The 95111 zip code of San Jose, CA has a median home value of $1,083,000. This is higher than the California median home value of $846,500. The 95111 zip code also has a higher than average percentage of homes with equity (77%). This indicates that homeowners in this area are more likely to have more money available to them for other purposes such as retirement or purchasing a new home.

The average sale price for homes in the 95111 zip code was $971,000 in 2017. This is lower than the California statewide average sale price of $1,151,500 but higher than the national average sale price of $719,200.

There are several factors that may contribute to the high home equity and sale prices in this area. These include:

-The high percentage of homes with equity

-Low interest rates

-High incomes and job security

-Low housing costs