34461, Lecanto, FL

The 34461 zip code of Lecanto, FL is located in the southeast corner of Lee County and has a population of just over 10,000. Home prices in this zip code have increased by an average of 9% over the past year, making it one of the most desirable areas to live in Lee County.

One reason for this increase in home prices is that there are a lot of new homes being built in this area. The median age of homes in this zip code is only 27 years old, which means that there is a lot of potential for growth. Additionally, many people are moving to Lecanto because it is a very safe community with low crime rates.

Home equity plays an important role in the economy and home prices can be affected by many factors including interest rates, inflation, and market demand. In general, home prices tend to rise when interest rates are low and fall when interest rates are high. The current interest rate environment is favorable for buyers and has helped to drive up home values in Lecanto.