33901, Fort Myers, FL

The 33901 zip code of Fort Myers, FL has a median home value of $183,200 and a median home equity value of $119,000. The 33901 zip code is one of the most affordable in the state and has seen an increase in home values over the past five years. In 2013, the median home value was $157,500 and by 2017 it had increased to $183,200.

There are many factors that contribute to the increase in home values in 33901 zip code. One reason is that Fort Myers is a growing city with many new residents who are looking for affordable housing. Additionally, there is a high demand for homes due to the low unemployment rate and strong economy. Finally, there has been an influx of investment money into Fort Myers over the past few years which has helped to drive up prices.

Despite these positive trends, there are some challenges facing homeowners in 33901 zip code. One issue is that there is a limited supply of homes available which has driven up prices faster than average. Additionally, interest rates have remained relatively low which makes it difficult for people to take out loans to purchase homes. Finally, although the economy is strong overall, there may be some fluctuations down the road that could impact home values in this area