95389, Yosemite National Park, CA

Home Equity and Home Prices in the 95389 Zip Code of Yosemite National Park, CA

The 95389 zip code of Yosemite National Park, CA has a median home value of $269,000. This is higher than the national median home value of $177,500. The 95389 zip code also has a higher than average percentage of homes with equity (77%). This indicates that homeowners in this zip code are more likely to have some form of ownership over their homes.

Home prices in the 95389 zip code have increased significantly over the past few years. Between January 2006 and January 2016, the median home price increased by 116%. This is much faster than the national average increase of 57%.

There are several factors that may be contributing to this trend. One reason may be that there is a limited supply of homes available for purchase in this area. Another reason may be that people who live in this zip code are more likely to have good credit scores and incomes which makes it easier for them to get approved for a mortgage.

Despite these positive trends, there are still some areas where home prices are lower than average. For example, homes located near schools or military bases tend to have lower prices than those located further away from these areas. Additionally, homes located in less desirable neighborhoods tend to have lower prices than those located in more desirable neighborhoods.