32606, Gainesville, FL

The 32606 zip code of Gainesville, FL is located in Central Florida and has a population of around 164,000. Home prices in the area have been on the rise for quite some time now, and there are a number of factors that have contributed to this. One reason is that Gainesville is a growing city with plenty of new residents and businesses moving in. Additionally, the local economy has been strong overall, which means that people are more likely to be able to afford homes here than in some other parts of the country.

Another factor contributing to home prices in the 32606 zip code is supply and demand. There are a lot of people looking for homes here, so there is competition for available properties. This drives up prices because sellers can command higher prices for their homes than they would if there were more available options. Finally, Gainesville is an affluent area with plenty of people who can afford to buy homes here. This also contributes to high home values because wealthier individuals are more likely to be able to afford a home even if it costs a bit more than elsewhere.