95247, Murphys, CA

Home Equity and Home Prices in the 95247 Zip Code of Murphys, CA

The 95247 zip code of Murphys, CA has a median home value of $269,000. This is higher than the California statewide median home value of $217,500. The 95247 zip code also has a higher than average percentage of homes with a mortgage at 84%. This is higher than the statewide percentage of homes with a mortgage at 72%. The 95247 zip code has a lower than average percentage of homes without a mortgage at 6%. This is lower than the statewide percentage of homes without a mortgage at 10%.

The 95247 zip code has an above average number of single family homes (53%) compared to the statewide number (46%). The 95247 zip code also has an above average number of multi-family units (24%). The 95247 zip code has an above average number of condos (5%) compared to the statewide number (3%).

The 95247 zip code has an above average median household income ($75,000) compared to the statewide median household income ($60,000). The 95247 zip code also has an above average percent population below poverty level at 5% compared to the statewide percent population below poverty level at 12%.

Murphys is located in San Bernardino County which is one reason why it has such high home values and percentages for mortgages. It also appears that Murphys residents are able to afford more expensive housing because they have more money available for other expenses.