92040 Zip Code Real Estate Market Sees Home Sales Increase

The number of home sales in the 92040 zip code market climbed 15.2% to 53 homes over the last 30 days. To put it in perspective, the close-by 92128 zip code registered 98 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 92040 zip code, with the median for this period rising from $437,000 to $455,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 92040 zip code is a definite seller's market.

If you need more bedrooms, take a look at these homes in the 92040 zip code that offer more than other listings:

$1.2M   $619K   $610K  

Get started right now by checking out 92040 homes for sale or reviewing 92040 real estate trends.

Demographic facts for the 92040 zip code:

  • The median house value here is $264,000.
  • The area gets an average of 44 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 9.2%.
  • The students per teacher ratio in this area is 21.2:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty
Snapped 1 home in this area
Nuvilla Real Estate
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Shorebreak Real Estate
Snapped 1 home in this area

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