95133, San Jose, CA

The 95133 zip code of San Jose, CA has a median home value of $1,099,000 and a median home equity value of $269,000. This is higher than the California statewide median home value of $549,500 and the national median home equity value of $217,200. The 95133 zip code also has a higher than average percentage of homes with a mortgage at 85%.

There are many factors that contribute to the high values in the 95133 zip code. The area is affluent and has a high concentration of jobs in technology and other high-paying industries. Additionally, there is strong demand for housing due to the growing population and increasing job opportunities. Finally, there is limited supply relative to demand which drives up prices.

Despite these positive factors, there are some challenges facing homeowners in the 95133 zip code. One issue is that interest rates have been low for much of the past decade which has made it difficult for people to pay off their mortgages. Additionally, there is limited available land within close proximity to major cities which makes it difficult for people to build homes or add additional units to their existing homes. These issues will likely continue to affect homeowners in the 95133 zip code as long as interest rates remain low and there is not an increase in available land or housing stock.