33880, Winter Haven, FL

The 33880 zip code of Winter Haven, FL has a median home value of $127,000 and a median home equity value of $101,000. The average home size in this zip code is 2 bedrooms and 1 bathroom. The 33880 zip code has a population of around 24,000 people.

Over the past five years, the average annual growth rate for home values in the 33880 zip code has been 5%. During that same time period, the average annual growth rate for home equity values in this zip code has been 9%. This indicates that homes in this area are appreciating at a faster rate than overall inflation rates are currently averaging. This trend is likely to continue as long as there is strong demand for housing and low levels of inventory availability.

One important factor affecting home prices and home equity values is interest rates. Over the past five years, the average interest rate on mortgages in this area has been 6%. This means that homeownership opportunities in this area are currently relatively affordable compared to other areas across Florida.