33613, Tampa, FL

The home equity and home prices in the 33613 zip code of Tampa, FL are very high. The median home value in this zip code is $237,000, which is more than double the national median home value of $116,500. Additionally, the percentage of homes that are worth more than their original purchase price is also high in this zip code. For example, approximately 58% of homes in the 33613 zip code are worth more than their original purchase price. This is much higher than the national average of 33%.

One reason for this high level of home equity and home prices in the 33613 zip code of Tampa, FL may be due to its strong economy. The unemployment rate in this area is currently below 4%, which is much lower than the national average unemployment rate of 6%. Additionally, there are a number of businesses located in this area that have been successful over time and may be able to afford to pay higher salaries and offer better benefits to their employees. This may help to attract talented individuals and increase demand for housing within the 33613 zip code.

Another possible explanation for why homes within the 33613 zip code are so valuable is that there are a limited number of available properties within this area. This could lead to increased demand for these homes as well as an increased chance that a property will be sold at a higher price than if it were available in an area with a greater population density.