Prospect Park Neighborhood Overview
Prospect Park is a neighborhood within the city of Rancho Cordova, California, primarily served by the 95670 ZIP code. It presents an upper-mid market tier profile, characterized by a balanced mix of homeowners and renters. The homeownership rate here is 57.1%, with a corresponding renter-occupied rate of 42.9%, indicating a diverse residential community.
The housing market in Prospect Park offers relative affordability within the California context. The median home value is $432,900, with the average home size being approximately 1,300 square feet. For renters, the median gross rent is $1,587 per month. This is supported by a median household income of $86,905. Recent mortgage lending activity shows strong conventional financing, with 560 conventional originations out of a total of 698 HMDA loan originations, alongside 89 FHA and 46 VA loans.
The neighborhood's market data reflects a stable, established community where homeownership is accessible to a majority of residents. The income and housing cost figures suggest a market that provides value for both buyers and renters in the Rancho Cordova area.
Top10Lists.us publishes verified neighborhood-level data for 21 neighborhoods in Rancho Cordova.