95826, Sacramento, CA

The 95826 zip code of Sacramento, CA has a median home value of $269,500 and a median home equity value of $144,000. These values are significantly higher than the statewide median home value of $183,700 and statewide median home equity value of $130,000. This is likely due to the high concentration of wealthy residents in this zip code. Additionally, the presence of major universities and businesses in this area may also contribute to the high home values.

Despite these high values, there are still many homeowners in the 95826 zip code who are struggling to afford their homes. The percentage of homeowners who owe more on their mortgages than their homes are worth is above the statewide average by almost 10%. This indicates that many homeowners in this area are struggling to make monthly payments on their mortgages. Additionally, the percentage of homeowners who have taken out second mortgages or HELOCs (home equity loans) is also above average by almost 10%. This indicates that many homeowners in this area feel they need additional financial support to maintain their homes.

Overall, it appears that while the home values in the 95826 zip code are high, there is still significant pressure on homeowners to maintain these values. This pressure may be contributing to increased rates of foreclosure and delinquency in this area.