96141, Homewood, CA

The 96141 zip code of Homewood, California has a median home value of $527,000 and a median home equity value of $269,000. This is higher than the statewide median home value of $478,500 and the national median home equity value of $217,200. The 96141 zip code also has a lower than average percentage of homeowners with negative equity (less than 20% of homes have less than 20% equity) at just 7%.

There are several factors that may contribute to the high values in the 96141 zip code. First, this area is affluent and has a high rate of homeownership. Second, there is strong demand for housing in this area due to its proximity to major metropolitan areas such as Los Angeles and San Francisco. Finally, Homewood is an affluent community with many well-educated residents who are able to afford high-priced homes.