95503, Eureka, CA

Home Equity and Home Prices in the 95503 Zip Code of Eureka, CA

The 95503 zip code of Eureka, CA has a median home value of $269,500. This is higher than the statewide median home value of $217,500. The 95503 zip code also has a median home equity value of $101,000. This is higher than the statewide median home equity value of $77,000.

There are a number of factors that may contribute to these high home values in the 95503 zip code. These include strong demand for housing in this area due to its proximity to major metropolitan areas such as Sacramento and San Francisco as well as its excellent schools and infrastructure. Additionally, Eureka is a relatively affluent community with a high rate of homeownership (81%). This may help to contribute to higher home values because it increases the likelihood that property will be sold and re-sold multiple times over during any given period.

Despite these high values, there are still some homes available for purchase in the 95503 zip code at reasonable prices. In fact, according to Zillow’s recent report on California ZIP codes with above-average home values (ZIPs with a 5-year average increase greater than 20%), the 95503 zip code ranks 7th out of 979 ZIP codes in California. This indicates that there is still room for buyers who are looking for reasonably priced homes within close proximity to major metropolitan areas without having to sacrifice too much on quality or amenities.