32563, Gulf Breeze, FL

Home Equity and Home Prices in the 32563 Zip Code of Gulf Breeze, FL

The home equity and home prices in the 32563 zip code of Gulf Breeze, FL are very high. In fact, according to Zillow, the median home value in this zip code is $319,900. This is a far cry from some of the other zip codes in Florida that have median home values that are much lower. For example, the median home value in the 33609 zip code of Tampa is only $191,000.

One reason why the home equity and home prices in this zip code are so high is because there are a lot of affluent residents living here. According to Forbes magazine, Gulf Breeze has one of the highest concentrations of millionaires per capita in Florida. This means that there are a lot of people who can afford to buy homes at a high price tag.

Another reason why the home equity and home prices in this zip code are so high is because there is a lot of demand for property here. According to Zillow, Gulf Breeze has been one of the fastest-growing cities in Florida for several years now. This means that there are more people moving into this area every year and looking for homes to buy or rent. As a result, property values have increased significantly over time.