32765, Oviedo, FL

The 32765 zip code of Oviedo, FL has a median home value of $153,000 and a median home equity value of $119,000. The average home price in the 32765 zip code has increased by 8.5% over the past year and has increased by 11.8% over the past five years. The average home equity value in Oviedo is higher than the Florida statewide average of $118,700 and is higher than the national average of $106,200.

There are a total of 1,906 homes in the 32765 zip code and 97% of these homes are occupied. The percentage of occupied homes in Oviedo is lower than both the Florida statewide percentage of 95% and the national percentage of 98%. The majority (86%)of homes in Oviedo are owner-occupied while 14% are rented. Homeownership rates have been increasing over time while rental rates have been decreasing; this trend is likely due to an increase in home prices which makes owning a home more affordable for many people. There are also many new homeowners who have purchased homes since 2007 due to an increase in available housing stock as well as low interest rates during that time period.

The majority (87%)of households in Oviedo earn an income within 200% or more of the Federal Poverty Level which indicates that they live below poverty level. This statistic is lower than both the Florida statewide percentage (94%)and national percentage (96%). It is also lower than most other zip codes located within Orange County which has a median income within 200% or more of FPL levels. This indicates that there may be some pockets within Oviedo where incomes are relatively low but overall it appears to be a prosperous area with high incomes relative to other areas within Orange County and throughout Florida