32162, The Villages, FL

The Villages, Florida is a popular retirement community that has seen an influx of families in recent years. The population of the 32162 zip code has grown by more than 10,000 people since 2010, and this growth is expected to continue. This increase in population has led to an increase in home prices and home equity.

According to Zillow, the median home value in the 32162 zip code was $269,200 as of September 2017. This represents a 12% increase from the median home value of $248,100 recorded in September 2016. The average home value within this zip code increased by 11% during this same time period.

This rapid growth in home values has led to an increase in homeowners' equity levels. As of September 2017, homeowners' equity levels were estimated at $290,600 on average within the 32162 zip code. This represents a 9% increase from homeowner's equity levels recorded at $277,500 as of September 2016.

These increases in home values and homeowner's equity are likely due to several factors including increasing demand for housing within The Villages community and limited supply of available properties. Additionally, low interest rates have helped to boost homeowners' equity levels by providing them with more affordable options for financing their homes.