33068, Pompano Beach, FL

Home Equity and Home Prices in the 33068 Zip Code of Pompano Beach, FL

The 33068 zip code of Pompano Beach, FL has a median home value of $253,000. This is a decrease from the previous year when the median home value was $269,000. The decrease in home values may be due to several factors such as low interest rates and increasing competition for homes.

Despite the decrease in home values, homeownership rates are still high in this zip code with over 82% of households owning their homes. This is likely due to the low interest rates and strong economy which have made buying a home more affordable for many people.

Home prices vary greatly within this zip code with an average price per square foot of $158. This is much higher than the statewide average price per square foot of $101. The high prices may be due to the close proximity to major cities such as Miami and Fort Lauderdale which have large populations and high demand for housing.