95714, Dutch Flat, CA

The Dutch Flat zip code in California has a median home value of $269,000 and a median home equity of $101,000. This is significantly higher than the statewide median home value of $181,500 and the statewide median home equity of $102,100. The Dutch Flat zip code also has a significantly higher percentage of homes with a mortgage than the statewide percentage of homes with a mortgage at 60%. This indicates that homeowners in this zip code are more likely to have access to financing for their homes than homeowners across California as a whole.

There are several factors that may contribute to the high values and high levels of equity in homes in the Dutch Flat zip code. First, Dutch Flat is located in one of the most affluent areas of California. Second, there is significant demand for housing in this area due to its excellent schools and amenities. Third, there is low unemployment rates in Dutch Flat which may help to increase household incomes over time. Fourth, many homeowners in this area have taken advantage of available refinancing options over the past few years which may have increased their home equity values even further. Fifth, Dutch Flat residents tend to keep their properties well-maintained which may also contribute to their high levels of equity.