33444, Delray Beach, FL

Home Equity and Home Prices in the 33444 Zip Code of Delray Beach, FL

The home equity and home prices in the 33444 zip code of Delray Beach, FL are very high. The median home value in this zip code is $527,000, which is more than triple the national median home value of $177,500. Additionally, the percentage of homes that are worth more than their original purchase price is also very high in this zip code. For example, approximately 78% of homes in this zip code are worth more than their original purchase price. This is much higher than the national average of 54%.

One reason for these high home values and percentages may be due to the fact that Delray Beach is a popular tourist destination. Many people who live in this zip code are likely wealthy people who can afford to buy a house here even if it is not their primary residence. Additionally, many people who live in this zip code may be able to afford to pay higher prices because they have access to good credit or they have saved a large amount of money over time. In contrast, many other areas of the country may have lower home values and percentages because they are not as popular tourist destinations or people do not have as much money saved up.