33351, Fort Lauderdale, FL

The home equity and home prices in the 33351 zip code of Fort Lauderdale, FL are very high. The average home value in this zip code is $527,000, which is more than double the national average. Additionally, the median home value in this zip code is $269,000, which is also much higher than the national median. This indicates that there are a lot of homes in this zip code that are worth a lot of money.

One reason why the home values in this zip code are so high is because there are a lot of affluent people living in it. Fort Lauderdale is one of the most popular tourist destinations in the country and it has a large population of wealthy people who can afford to buy expensive homes. Additionally, many businesses located in this area are also very profitable and they can afford to pay high salaries to their employees. Therefore, it is not surprising that the home values in this area are so high.

However, not everyone living in this zip code can afford to buy an expensive home. There are also a lot of low-income families living here too. This means that there is competition for homes among different groups of people and the prices for homes tend to go up as a result. In addition, there is always demand for new homes because people want to live near places where they work or where they have other important activities going on. So even though the prices for homes in this zip code are high, it does not mean that you cannot find one if you want to purchase one – you just have to be willing to pay a bit more than usual