33881, Winter Haven, FL

Home Equity and Home Prices in the 33881 Zip Code of Winter Haven, FL

There is no doubt that home equity and home prices are two important factors when it comes to buying or selling a home. In the 33881 zip code of Winter Haven, FL, both of these factors are very important. In this area, there is a high demand for homes and a low supply, which has resulted in relatively high home prices.

According to Zillow, the median home value in the 33881 zip code is $158,900. This figure represents a 6% increase from last year and a 25% increase from five years ago. The average price per square foot is also quite high at $128. This means that homes in this area are not only expensive but they also offer an excellent return on investment (ROI).

One reason why home values have been so strong in the 33881 zip code is because there has been such strong demand for homes here. According to Trulia, there are currently more than 2,000 active listings in this area – which is more than double the number of listings five years ago. This indicates that there are plenty of potential buyers out there looking for homes in this area.

Another factor contributing to the high prices and high ROI in the 33881 zip code of Winter Haven is the fact that there is a limited supply of homes available here. As mentioned earlier, according to Zillow, only 5% of all homes in this area were built between 1990 and 1999 – which means that most homes here were built after 2000. This has led to increased demand for these newer homes as well as increased prices overall due to scarcity (i.e., higher demand + limited supply = higher prices).