95524, Bayside, CA

Home Equity and Home Prices in the 95524 Zip Code of Bayside, CA

The home equity and home prices in the 95524 zip code of Bayside, CA are very high. The median home value in this zip code is $1,052,000. This is a higher median home value than any other zip code in California. The highest median home value in California is $2,395,000 located in the Silicon Valley area of San Jose. The reason for the high home values in this zip code may be due to its location on the coast and its proximity to major cities such as Los Angeles and San Francisco.

Another factor that may contribute to the high home values in this zip code is the low unemployment rate. The unemployment rate for the 95524 zip code is 3%. This is lower than both the statewide unemployment rate (6%) and the national unemployment rate (5%). This low unemployment rate may be attracting investors who are looking for a safe investment with good returns.

The average price per square foot for homes in this zip code is $269 which is higher than both the statewide average price per square foot ($217) and the national average price per square foot ($203). This higher average price per square foot may be due to factors such as proximity to major cities, excellent schools, and low crime rates.