95831, Sacramento, CA

The Sacramento zip code 95831 has a population of over 1 million people and is one of the most populous in California. Home prices in this zip code have increased significantly over the past few years, reaching an all-time high of $527,000 in January 2018. This increase in home prices is likely due to a number of factors, including strong economic growth and low interest rates.

Home equity is the difference between the value of a home and what you owe on that home. In Sacramento, home equity values have increased significantly due to strong economic growth and low interest rates. As of January 2018, the average home equity value in Sacramento was $269,000. This represents a gain of over 50% since 2013!

While there are many factors that can influence home prices, such as local market conditions and availability of homes for sale, it is clear that strong economic growth and low interest rates are two major drivers of this increase in home equity values in Sacramento.