96101, Alturas, CA

The 96101 zip code of Alturas, CA has a median home value of $269,000 and a median home equity value of $143,000. These values are higher than the statewide median home value of $225,600 and the national median home equity value of $169,900. The reason for this discrepancy is likely due to the high concentration of wealthy residents in this zip code. In addition, the cost of living in Alturas is relatively high compared to other areas in California.

Alturas is located in Sutter County and has a population of just over 10,000 people. The majority (86%) of residents are white and nearly half (47%) have a college degree or higher. The average household income is around $87,000 which is significantly higher than the statewide average income ($60,700) and the national average income ($53,046). This high level of wealth likely contributes to the high home values in this zip code.

There has been an increase in home prices over the past few years in Alturas. In January 2016, there was a 0% change in home prices from December 2015 according to Zillow data. However, by July 2017 there had been an 11% increase in prices from January 2016. This trend seems to be continuing as prices increased by 5% from July 2017 to August 2017 according to Zillow data. It's important to note that these increases may not be representative of all homes within this zip code as only about one-third (34%)of homes are listed on Zillow at this time.