Zip Code:

33597, Webster, FL

33597 is a Florida Zip code within the city of Webster and the county of Sumter County. Its population is roughly 7,702.

The Real Estate Market in the Webster, FL 33597 Zip Code

There are many factors that affect home prices in a given area, including the availability of homes for sale, interest rates, and local economic conditions. In Webster, FL 33597, the median home price was $183,000 in May 2017. This is up from $171,500 in May 2016. The average price per square foot was $98 in May 2017. This is down from $106 per square foot in May 2016.

The number of homes for sale has been steadily increasing over the past few years in Webster. In May 2017 there were 148 homes for sale compared to 116 homes for sale in May 2016. This increase may be due to the low unemployment rate and strong economy in Florida overall. Additionally, more people are moving to Webster due to its proximity to Orlando and other major cities.

Interest rates have also played a role in affecting home prices throughout Florida and Webster specifically. The interest rate on a 30-year fixed-rate mortgage was 3.89% as of May 2017 according to Zillow® . This is down from 4.29% as of May 2016 but still above the national average of 3%. Additionally, the interest rate on a 15-year fixed-rate mortgage was 2.99% as of May 2017 according to Zillow® . This is also below the national average but higher than it was two years ago (2%). These lower interest rates may be contributing factors why more people are buying homes now compared to two years ago when rates were higher

Price Index: The Villages, FL

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