32176, Ormond Beach, FL

The 32176 zip code of Ormond Beach, FL has a median home value of $236,000 and a median home equity value of $146,000. These values are both above the statewide median home value of $183,600 and the national median home equity value of $142,200.

The 32176 zip code is also above the Florida statewide average for both home values. The statewide average for home values is $183,600 while the national average is $142,200. The 32176 zip code has a higher than average percentage of homes with a mortgage at 66%. This is higher than the statewide average of 59% and the national average of 62%.

There are many factors that contribute to these high home values in the 32176 zip code. One reason may be that Ormond Beach is a desirable location with plenty of amenities and opportunities for homeownership. Additionally, Ormond Beach has low unemployment rates which may make it more difficult for potential buyers to find affordable housing elsewhere in Florida or nationwide.