32780, Titusville, FL

The 32780 zip code in Titusville, FL has a median home value of $144,000 and a median home equity of $111,000. The average home price in the 32780 zip code has increased by 5.4% over the past year. The average home equity for all zip codes in Florida has increased by 4.8% over the past year. Home prices have increased faster than wages in most parts of Florida, but they have not kept up with inflation since 2005.

There are many factors that contribute to the increase in home prices: an improving economy, low interest rates, and limited supply of homes for sale. However, there are also some reasons why prices may not continue to rise indefinitely: a possible slowdown in the economy or an increase in interest rates could lead to a decrease in demand for homes and a decrease in prices; while more people are buying homes, there is still not enough demand to keep up with population growth which could lead to decreased sales and decreased prices.