32180, Pierson, FL

The 32180 zip code of Pierson, FL is located in the Tampa Bay Area and has a population of around 25,000. Home prices in this area have been on the rise for the past few years and are now at an all-time high. In fact, according to Zillow, the median home value in this zip code is currently $269,000.

One reason for this increase in home values is that Pierson is a desirable location. It is close to both downtown Tampa and St Petersburg, two major cities with plenty of amenities and job opportunities. Additionally, Pierson has a good school system and low crime rates.

Another factor contributing to the high home prices in this area is the availability of credit. Many people are able to get mortgages in Pierson because of its low unemployment rate (3%). This means that there are plenty of buyers who are interested in purchasing homes here.

However, despite these positive factors, there are some risks associated with buying a home in Pierson. First off, although mortgage rates have been relatively stable recently, they could go up again at any time. Second, although Pierson has a good economy overall right now, it could experience some turbulence down the road – something that could lead to lower home values. Finally, although property taxes are relatively low compared to other areas of Florida (around $2K per year), they could go up if the city decides to expand its services or raise taxes elsewhere within its budget.