95242, Lodi, CA

Home Equity and Home Prices in the 95242 Zip Code of Lodi, CA

The 95242 zip code of Lodi, California has a median home value of $157,000. This is higher than the statewide median home value of $141,500. The 95242 zip code also has a lower than average rate of home foreclosure at 2.4%. This indicates that there are more homes that are currently being paid off or have low rates of foreclosure.

There are a number of factors that contribute to the high home values and low rate of foreclosure in the 95242 zip code. One reason is that this area is relatively affluent. The median household income in this zip code is over $100,000 which contributes to the high home values. Additionally, there is a high concentration of families with children which also contributes to the high home values and low rate of foreclosure.

Another factor that contributes to the high home values and low rate of foreclosure in the 95242 zip code is the availability of housing stock. There are not as many homes for sale in this area as there are in other areas which leads to higher prices for homes that do become available. Additionally, there is a limited supply of land within this zip code which also contributes to higher prices for homes and lower rates of foreclosure.