32539, Crestview, FL

The 32539 zip code of Crestview, FL is located in the Tampa Bay Area and has a population of around 49,000. Crestview is a suburb of Tampa and has many amenities that make it a desirable place to live such as excellent schools, low crime rates, and plenty of shopping and dining options.

Home prices in the 32539 zip code have been steadily increasing over the past few years. In January of 2018, the median home price was $269,500 which is up from $255,000 in January of 2017. The average home price has increased by almost 10% over this time period.

One reason for this increase in home prices may be due to the low supply of homes available in the area. There are only around 2200 homes available for sale compared to around 3800 homes that were available at this time last year. This shortage has led to higher prices and more demand from buyers.

Another factor that may be contributing to the increase in home prices is interest rates. The interest rate on mortgages has been slowly decreasing over the past few years which makes buying a home more affordable for potential buyers. Additionally, there are many people who are refinancing their mortgages which also contributes to an increase in home values.