34688, Tarpon Springs, FL

The 34688 zip code of Tarpon Springs, FL is located in Pinellas County and has a population of approximately 25,000. The median household income in this zip code is $86,500 and the median home value is $269,900.

Since the 2000 census, the population of Tarpon Springs has grown by almost 10%. This growth can be attributed to a number of factors including an increase in retirees and families who are moving to the area for its affordable housing and excellent schools. In addition, Tarpon Springs is located close to both Tampa Bay and St. Petersburg which have led to increased job opportunities.

As a result of these factors, home prices have increased significantly over the past decade in the 34688 zip code. In 2007, the median home value was just $225,000; however, by 2017 this value had increased to $269,900. This represents an increase of almost 60%. While there may be some fluctuations from year-to-year due to market conditions (e.g., economic recession), on average prices have continued to rise since 2007.

One reason for this sustained price growth may be that there are relatively few homes available for sale in the 34688 zip code; as a result buyers have had more opportunity to purchase a home at a higher price than would be possible in other areas of Florida or even other parts of Pinellas County. Additionally, many homes within this zip code were built between 1990 and 1999 which may also contribute to their elevated values relative to newer homes built today.