32567, Laurel Hill, FL

The 32567 zip code of Laurel Hill, FL is located in Hillsborough County and has a population of approximately 8,000. The median household income in the zip code is $101,000 and the median home value is $269,500. The average home size is 2,898 square feet and there are approximately 1,600 homes currently for sale in the zip code.

Home equity is an important factor for many people when purchasing a home. Home equity can be used to pay down debt or to invest in other assets such as stocks or bonds. In general, the higher the home equity value, the more secure a person feels about their ability to buy or sell their home should they need to do so in the future.

According to Zillow®, the average home value growth rate for ZIP codes within Hillsborough County was 5% from January 2016 through January 2017. This means that over this period of time, the average home value increased by $11,500 (or 5%). While this may not seem like a large amount of money, it can make a significant difference over time if you plan on selling your home soon or if you are just looking to increase your net worth gradually over time.

One reason that homes in Laurel Hill have been able to maintain high values despite relatively low growth rates within Hillsborough County is because there are relatively few homes available for sale in the zip code at any given time. In fact, according to Realtor® Magazine's 2018 National Home Seller Report®, only 2% of all homes sold nationwide were located outside of major metropolitan areas during 2018 – meaning that most homes sold nationwide were located within major metropolitan areas (like Orlando). This means that buyers who are interested in purchasing a home in Laurel Hill typically have plenty of options available to them and are not forced into making an expensive purchase decision due to limited availability.