96114, Janesville, CA

The 96114 zip code of Janesville, CA has a median home value of $128,000 and a median home equity value of $101,000. These values are higher than the statewide median home value of $119,500 and the statewide median home equity value of $97,200. This indicates that the homes in this zip code are more valuable than average.

There are a number of factors that may contribute to the high values in this zip code. First, Janesville is located in one of California's most affluent counties. Second, the homes in this zip code are likely newer and have larger square footage than average homes in other parts of California. Finally, there is a high demand for housing in Janesville due to its proximity to major cities such as Sacramento and San Francisco.

Despite these factors, not all homeowners in this zip code have benefited from these high values. Many residents who bought their homes prior to 2007 have seen their home equity values decline since then due to rising interest rates and decreased market conditions. Additionally, many homeowners who purchased their homes after 2007 have not seen as large an increase in their home equity values as those who bought before 2007 because they were able to purchase more affordable homes within the same neighborhood or area.