95758, Elk Grove, CA

The 95758 zip code of Elk Grove, CA has a median home value of $269,000 and a median home equity value of $128,000. The 95758 zip code has a population of around 103,000 people and is located in Sacramento County.

The 95758 zip code has seen an increase in home values over the past few years. In 2013, the median home value was $242,500 and the median home equity value was $114,500. In 2014, the median home value increased to $247,500 and the median home equity value increased to $118,000. The 2015 median home value was reported at $250,000 and the 2016 median home equity value was reported at $132,700. These increases can likely be attributed to strong job growth in Sacramento County as well as low interest rates that have made mortgages more affordable for consumers.

Despite these positive trends in housing values, there are still some areas of concern for homeowners in the 95758 zip code. One issue is that there is a high level of foreclosure activity in this area which could lead to decreased property values if not addressed by homeowners or lenders. Additionally, there is a shortage of available homes for sale which may also lead to decreased property values over time.