32565, Jay, FL

Home equity is a measure of the value of a home that a homeowner owns, minus any outstanding mortgages or other liens on the property. The U.S. Department of Housing and Urban Development (HUD) defines "home equity" as "the difference between the market value of a home and all amounts owed on it, including mortgage debt, home equity loans, and any other loans or debts against the property."

According to Zillow's 2018 Home Value Index report, the median home value in zip code 32565 was $191,200. This means that half of all homes in this zip code are worth more than $191,200.

The average price per square foot for homes in zip code 32565 is $101. This is higher than the national average of $87 per square foot.

Since 2005, the number of homes sold in zip code 32565 has increased by 54%. The number of homes currently for sale is also high at 1,812 properties as of May 2019. This indicates that there are plenty of potential buyers in this area looking to purchase a home.

The average list price for a home in zip code 32565 is $239,000 which is above the national average list price ($217,500). However this does not mean that all homes in this area are expensive - there are also plenty of affordable options available as well.

Overall it can be said that homeownership rates are high in zip code 32565 and prices for homes have increased significantly over recent years - making it an excellent choice for those looking to buy their first or next home!