95821, Sacramento, CA

The Sacramento area has seen a rise in home equity and home prices over the past few years. According to Zillow, the median home value in the 95821 zip code is $269,000. This is a 5% increase from last year and a 16% increase from five years ago. The average home value in this area is $248,000.

There are many factors that have contributed to the rise in home values in Sacramento. The economy has been strong overall, which has led to an increase in demand for homes and property. Additionally, the local market has been relatively stable compared to other areas of the country. This stability has allowed buyers to get more money for their homes than they would have otherwise.

Despite these positive trends, there are still some risks associated with buying a home in Sacramento. One risk is that interest rates could go up over time, which would make it more expensive to borrow money against your home equity. Another risk is that the local market could decline suddenly, which would lead to a decrease in home values.