95820, Sacramento, CA

The Sacramento zip code 95820 has a population of over 1 million people and is one of the most populous areas in California. The median home value in this zip code is $269,000, which is significantly higher than the statewide median home value of $217,500. The average home equity in this zip code is $142,000, which is also significantly higher than the statewide average home equity of $111,500.

There are a number of factors that contribute to the high home values in Sacramento. First and foremost, Sacramento is a highly desirable location with excellent schools and job opportunities. Additionally, there are a large number of affluent residents who have been able to invest in property here over the years. Finally, there has been an influx of new residents into the area over the past few years who have also contributed to increasing prices.

Despite these high prices, there are still plenty of opportunities for buyers who are interested in purchasing a home in this area. For example, many homes that are available for sale here have been well-maintained and feature updated amenities such as updated kitchens and bathrooms. Additionally, many homes here can be purchased using cash or conventional financing options which makes it easier for buyers to get into the market without having to undergo extensive credit checks.