32112, Crescent City, FL

The 32112 zip code of Crescent City, FL is located in the panhandle region of Florida and has a population of just over 10,000. Home prices in this zip code have been steadily increasing over the past few years and are now among the highest in the state. This is likely due to a combination of factors, including strong demand from buyers and limited supply of homes for sale.

According to Zillow, the median home value in this zip code is $236,500. This figure represents an increase of almost 20% since 2016 and ranks as one of the highest rates of growth in Florida during that time period. In addition, home values have continued to rise even as other markets have slowed down or experienced declines. This indicates that there is strong demand for homes in this area and that buyers are willing to pay a higher price for properties here than elsewhere in Florida.

One reason for this high demand may be the fact that Crescent City is located within close proximity to some major attractions – such as Walt Disney World and Universal Orlando Resort – which can make it an attractive place to live. Additionally, many residents here commute into nearby cities such as Orlando or Tampa, which may also contribute to increased demand for housing near these areas.

While there are still some available homes for sale in this zip code, they tend to sell quickly – often within just a few days – indicating that there is strong interest among buyers in this area. In addition, recent data from Zillow shows that inventory levels are relatively low compared to other areas throughout Florida (including more popular destinations such as Miami or Jacksonville). This suggests that sellers may face difficulty finding a suitable property on which to put their own money down (or find someone who is willing to do so), which could lead to further increases in home prices over time.