95134, San Jose, CA

The 95134 zip code of San Jose, CA has a median home value of $1,029,000 and a median home equity value of $269,000. The 95134 zip code has a population of over 207,000 people and is located in the South Bay region of the Bay Area.

There are many factors that affect home prices in any given area including location, size and condition of the homes for sale, interest rates and supply and demand. However, one key factor that affects home prices is the level of household income. In general, areas with higher levels of household income tend to have higher home values.

In the 95134 zip code, the average household income is $107,500 which means that the majority of households in this area are able to afford to purchase a home at or near market value. Additionally, there is low unemployment rates in this area which helps to support high levels of housing demand.

Overall, it appears that there is strong demand for homes in the 95134 zip code and relatively stable levels of house prices over time. This suggests that homeownership rates in this area are likely high relative to other areas within similar socioeconomic conditions.