33916, Fort Myers, FL

The 33916 zip code of Fort Myers, FL is located in Lee County and has a population of around 124,000. The median household income in this zip code is $50,000 and the median home value is $225,000.

There has been a significant increase in home equity values over the past few years in the 33916 zip code of Fort Myers. In 2013, the median home equity value was $165,000. By 2016, this number had increased to $225,000. This trend appears to be continuing as of 2018 with the median home equity value currently sitting at $236,500.

This increase in home equity values can be attributed to a number of factors including an improving economy and low interest rates. Additionally, there has been an increase in demand for homes within the 33916 zip code due to its location within desirable areas such as Lee County and Fort Myers Beach.

While this trend is positive for homeowners within the 33916 zip code of Fort Myers, it may not be so great for those who are looking to buy a home within this area. As prices continue to rise faster than wages growth (in most cases), it becomes increasingly difficult for average citizens to afford a house on their own merit. Additionally, if interest rates rise again (as they have done in recent years), many homeowners who have taken out high-interest loans may find themselves struggling to make their payments or even lose their homes altogether.