33484, Delray Beach, FL

Home Equity and Home Prices in the 33484 Zip Code of Delray Beach, FL

The 33484 zip code of Delray Beach, FL has a median home value of $224,900. This is higher than the statewide median home value of $197,500. The average home value in this zip code is also higher than the national average home value of $183,700. This indicates that there are more expensive homes in this zip code than elsewhere in Florida.

There are a number of factors that could contribute to the high home values in this zip code. One reason may be that there is a high concentration of affluent residents here. Another reason may be that the area has been growing rapidly over the past few years and there are more affluent people moving into the area. Whatever the reason, it seems that homeownership rates in this zip code are high enough to support high home values.

One downside to high home values is that they can make it difficult for people who want to buy a house but cannot afford to do so outright. If you are looking to buy a house in this zip code, you will likely need some extra money saved up already. Alternatively, you may be able to get help from a loan institution or other financial institution if you have good credit history and can provide adequate documentation about your income and debt obligations.

Overall, it seems that homeownership rates and home values are both high enough in the 33484 zip code of Delray Beach, FL that buyers should not have too much difficulty finding an affordable house if they want one. However, those looking for something cheaper might have difficulty finding one on their own given how expensive homes here tend to be