95569, Redcrest, CA

The zip code 95569 has a population of around 14,000 people and is located in the San Gabriel Valley region of Los Angeles County. The median household income in this zip code is $92,000, which is higher than the national median household income of $59,000. The unemployment rate in this zip code is 4.5%, which is lower than the national unemployment rate of 5%. Home prices in this zip code have increased significantly over the past few years and are now above average compared to other areas of Los Angeles County.

One reason for the high home prices in this zip code is that it has a low percentage of renters compared to other areas of Los Angeles County. Around 60% of households in this zip code own their homes outright, which is higher than the statewide homeownership rate of 55%. Additionally, there are relatively few foreclosures or short sales in this area, which may be contributing to the high home prices.

Despite the high home prices, there are still opportunities for buyers who are interested in purchasing a home in this area. The average list price for homes currently available for sale in this zip code is $619,500, which is below the statewide average list price of $717,500 but above the national average list price of $479,900. There are also a number of pre-owned homes available for sale in this area at an average list price of $399,900.