95829, Sacramento, CA

The Sacramento zip code 95829 has a population of over 1 million people and is home to many high-end homes. Home equity in this area has been on the rise for the past few years, with prices reaching record highs in 2017. The average home value in this zip code is $527,000, which is significantly higher than the national average of $217,500.

There are several factors that have contributed to the increase in home values in Sacramento. First and foremost, there is a large number of affluent residents who are able to afford high-priced homes. Additionally, the city has seen strong job growth over the past few years, which has led to an increase in demand for housing. Finally, Sacramento is located near several major metropolitan areas (such as San Francisco and Los Angeles) which makes it a desirable place to live.

Despite these positive trends, there are some risks associated with buying a home in Sacramento. First and foremost, there is a potential for price volatility due to factors such as interest rates and market conditions. Secondly, there is a risk that the market may not continue to grow at such a rapid pace indefinitely – if this were to happen then prices could decline significantly over time. Overall though, it appears that home values in Sacramento are continuing to rise at an impressive rate – making it an excellent investment opportunity for those who are interested in purchasing property here."