95955, Maxwell, CA

The 95955 zip code of Maxwell, CA has a median home value of $269,000 and a median home equity value of $128,000. These values are significantly higher than the statewide median home value of $181,500 and statewide median home equity value of $101,200. This indicates that the residents in this zip code are more likely to have a higher net worth than the average Californian.

There are several factors that may contribute to these high home values in the 95955 zip code. First, Maxwell is located in one of California's most affluent counties - Marin - which has a median household income above $100,000. Second, Maxwell is well-served by public transportation and has few traffic congestion issues. Third, the area is popular with buyers who want access to both mountains and ocean views. Finally, there is strong demand for housing in this area due to its excellent schools and low crime rates.

Despite these positive factors, there are some potential risks associated with high home values in Maxwell. For example, if interest rates rise significantly from their current low levels or if the local economy weakens unexpectedly, then many homeowners could find themselves struggling to pay their mortgages or sell their homes at fair prices. Additionally, if too many people buy homes in an area at once (a phenomenon known as "overbuilding"), then prices may drop precipitously and lead to widespread economic hardship for residents who have invested heavily in their homes.