33980, Punta Gorda, FL

The 33980 zip code of Punta Gorda, FL is located in the Charlotte County portion of the Florida Panhandle and has a population of just over 10,000. Home prices in this zip code have been steadily increasing over the past few years, reaching a peak of $269,900 in 2016. However, since then they have slowly decreased and are currently sitting at $259,500. This suggests that there is still potential for home prices to increase further in this area.

One reason why home prices in this zip code are increasing is because of the strong economy that we currently have. Jobs are plentiful and people are able to afford more expensive homes thanks to their increased income. Additionally, there is a lot of demand for property in this area due to its close proximity to both Fort Myers and Naples. This means that there is a high chance that someone will be able to purchase your home if you decide to sell it.

Another reason why home prices are increasing in this area is because there is limited supply compared to other areas of the country. This means that there is high demand for properties here which drives up prices. Additionally, many people who live here own their homes outright which makes them more likely to sell than people who live in other parts of Florida where mortgages are more common.

Overall, it seems as though home prices will continue increasing in the 33980 zip code over the next few years due to both strong economic conditions and limited supply availability. If you're looking for an opportunity to invest in property or want to buy a house before it becomes too expensive, now may be a good time to do so!