34950, Fort Pierce, FL

Fort Pierce, FL is located in St. Lucie County and has a population of about 103,000 people. The 34950 zip code covers most of the city and has a median home value of $142,000. Home equity is important to many people because it allows them to use their home as collateral for loans or to invest in other assets.

Home prices have been increasing in Fort Pierce over the past few years. In March of 2018, the median home value was $147,500 which is up from $139,900 in March of 2017. Over the past five years, the median home value has increased by 29%. This increase can be partially attributed to an increase in demand for homes due to an influx of new residents and retirees as well as an increase in construction activity within the city limits.

Despite this positive trend, there are still areas within Fort Pierce that are experiencing slower growth rates when compared to other parts of St. Lucie County. For example, while the median home value in Port Saint Lucie has increased by 54% over the past five years, it has only increased by 26% within the 34950 zip code area. This discrepancy may be due to factors such as stricter lending criteria and a higher rate of unemployment within Port Saint Lucie which may make it more difficult for buyers to qualify for a loan or afford a house there compared to areas within Fort Pierce that have lower rates of unemployment.

Overall, despite some areas experiencing slower growth rates than others, overall home values continue to rise which indicates that there is strong demand for homes within Fort Pierce right now.