33036, Islamorada, FL

Islamorada is a small town located on the east coast of Florida. The 33036 zip code covers Islamorada, Captiva Island, and parts of Palm Beach County. Home prices in the 33036 zip code have increased significantly over the past few years. In March of 2018, the median home price was $1,078,000. This is an increase of over $200,000 from March 2017.

The main drivers of this increase are likely due to both market conditions and local factors. The market conditions include low interest rates and strong demand from buyers. Local factors include limited inventory and increasing demand for luxury homes in Islamorada.

Despite these positive trends, there are some risks associated with buying a home in the 33036 zip code. These risks include potential increases in interest rates or decreases in values due to market conditions or other local factors. Additionally, buyers should be aware that there may be restrictions on purchasing certain types of homes or areas within the 33036 zip code due to zoning laws or other regulations.