95227, Clements, CA

The 95227 zip code of Clements, CA has a median home value of $245,000. This is higher than the California statewide median home value of $217,500. The 95227 zip code also has a median home equity value of $101,000 which is higher than the statewide median home equity value of $76,500.

There are a number of factors that may contribute to the high values in the 95227 zip code including its proximity to Los Angeles and San Francisco as well as its relatively affluent population. Additionally, Clements is located in an area that has seen strong growth over the past few years due to new development and increasing demand from buyers and renters.

While there are many homeowners in the 95227 zip code who are benefiting from high home values and strong equity levels, there are also a number of people who are struggling to afford homes in this area. For example, there is a significant percentage (24%) of households in the 95227 zip code that do not own their homes outright but instead owe more on their mortgages than their homes are worth. This means that these homeowners may be at risk if interest rates rise or if they experience any other financial setbacks.

Overall, while there may be some areas where homeownership is not as accessible as it once was, overall prices continue to rise in most parts of California due to increased demand from both buyers and sellers alike. If you're looking for a location that offers good values and strong equity levels, then you should consider living in the 95227 zip code