95608, Carmichael, CA

The 95608 zip code of Carmichael, CA has a median home value of $269,000 and a median home equity value of $146,000. The 95608 zip code is located in the Central Valley region of California and has a population of approximately 33,000. The 95608 zip code has seen an increase in home values over the past five years as the local economy continues to improve.

Home equity is important for many reasons. It can provide a cushion during tough times, help you pay down debt, and provide retirement savings. Additionally, having enough home equity can make it easier to buy a new home or refinance an existing one. Home prices in the 95608 zip code have increased significantly over the past five years due to strong economic growth and low interest rates. As long as the local economy continues to improve and interest rates remain low, there is likely to be continued growth in home values in the 95608 zip code.