34772, Saint Cloud, FL

The 34772 zip code of Saint Cloud, FL has a median home value of $183,000 and a median home equity value of $128,000. These values are significantly higher than the statewide median home value of $146,500 and statewide median home equity value of $103,700.

The 34772 zip code is also experiencing high levels of home ownership. Nearly two-thirds (64%) of homes in the zip code are owner-occupied, which is significantly higher than the statewide homeownership rate of 55%. Additionally, nearly half (48%) of homes in the zip code are valued at over $200,000, which is also significantly higher than the statewide average homeownership rate of 33%.

There are several factors that may contribute to these high levels of home ownership and home equity in the 34772 zip code. Some potential reasons include strong economic conditions that have led to increased job opportunities and wages across all sectors of the economy, low interest rates that have made borrowing affordable for many consumers, and favorable housing market conditions that have allowed for more homeowners to purchase homes at high prices.