32128, Port Orange, FL

The 32128 zip code of Port Orange, FL is located in Volusia County and has a population of approximately 29,000. The median home value in this zip code is $269,900 and the median household income is $86,500. Approximately 59% of households in this zip code own their homes while 41% are renters.

The average home price in the 32128 zip code has increased by 5.4% over the past year and has increased by 10.9% over the past five years. The average home value in this zip code was $258,100 as of September 2017. This represents an increase of $27,600 or 9%. The average home value in this zip code was $248,200 as of March 2016. This represents an increase of $26,800 or 8%. Over the past year and five years, there have been a total of 1,811 sales recorded in the 32128 zip code which corresponds to an annualized rate of growth of 2%.

As seen above, there has been a significant increase in home prices within the 32128 zip code over the past few years which suggests that this area may be experiencing some level of demand for property ownership. Additionally, according to Zillow’s Home Value Index (HVI), which measures changes in median house values across different geographic areas within each state from January 2000 through December 2016*, Florida ranks #1 out of all 50 states when it comes to overall increases in HVI values during that time period*. This suggests that there may be strong demand for property ownership within Florida – especially within areas such as Port Orange – and that potential buyers may benefit from investing into properties within this area if they are able to find a suitable property at a reasonable price point.