95240, Lodi, CA

Home Equity and Home Prices in the 95240 Zip Code of Lodi, CA

The 95240 zip code of Lodi, CA has a median home value of $236,000. This is higher than the California statewide median home value of $217,500. The 95240 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 paying down debt or investing in property.

There are several factors that may contribute to the high home equity and home prices in the 95240 zip code. These include:

-The relatively low number of homes for sale in this area (compared to other areas of California)

-The high demand for housing in this area due to its proximity to major cities and universities

-The relatively low cost of living in this area compared to other areas of California

-The strong economy and job market in the area