95684, Somerset, CA

The 95684 zip code of Somerset, CA has a median home value of $269,000 and a median home equity value of $153,000. This is significantly higher than the statewide median home value of $197,500 and the national median home equity value of $142,200. The 95684 zip code also has a significantly higher than average percentage of homes with a mortgage at 84%. This indicates that homeowners in this area are more likely to have access to ample credit to purchase their homes.

There are several factors that may contribute to the high values in the 95684 zip code. First, Somerset is located in one of California's most affluent counties. Second, there is a high demand for housing in this area due to its proximity to major metropolitan areas such as Los Angeles and San Francisco. Third, many homeowners in this area have been able to invest their equity into additional property or assets such as stocks or bonds, which may also contribute to the high values.