95987, Williams, CA

The zip code 95987 in Williams, California has a median home value of $236,200 and a median home equity value of $128,700. These values are higher than the statewide median home value of $181,600 and the national median home equity value of $146,200. The percentage of homes in the zip code with a mortgage is lower than both the statewide percentage of homes with a mortgage (45%) and the national percentage (55%). The percentage of homes in the zip code that are owner-occupied is also higher than both statewide percentages (54%) and national percentages (47%).

There are several factors that may contribute to these high home values in the zip code 95987. First, Williams is located in one of California's more affluent counties. Second, there is a high demand for housing in this area due to its proximity to major metropolitan areas such as Los Angeles and San Francisco. Third, many homeowners have taken advantage of low interest rates over the past few years to refinance their mortgages and increase their home equity values. Finally, Williams has seen relatively little residential development over the past few years which may have kept prices high relative to other areas within California.