33973, Lehigh Acres, FL

Home Equity in 33973 Zip Code of Lehigh Acres, FL

There are a total of $1,812,000 worth of home equity in the 33973 zip code of Lehigh Acres. This is an average amount of home equity for all zip codes in Florida. The median home equity value in Florida is $196,500. The 33973 zip code has a higher than average home equity value because it is located in a wealthier area. There are more expensive homes and therefore more home equity.

Home Prices in 33973 Zip Code of Lehigh Acres, FL

The median home price in the 33973 zip code is $206,000 which is above the statewide median home price of $183,500 but below the national median home price of $217,500. This indicates that there are more expensive homes available for sale in the 33973 zip code than elsewhere in Florida. It also indicates that there is demand for these more expensive homes.

The reason why there are more expensive homes available for sale in the 33973 zip code than elsewhere may be due to several factors including location (the area is wealthier), size (more spacious), and amenities (more features). It may also be due to stricter lending standards by banks which have led to an increase in prices for houses within this specific area.