When you think of South Florida, many expensive zip codes come to mind–Palm Beach, Jupiter Island, Star Island, Orchid Island and many more.  But is one of those areas the most costly zip code in Florida? 

Homeownership is the definitive symbol of achieving the “American Dream”. It is also the largest purchase most Americans will ever make. Naturally, home values are not uniform across the country, and in nearly every state, there is at least one ZIP code where the median home sale value is well above the national average.  

Housing prices are determined by supply and demand forces as well as what buyers are willing to pay and thusly influenced largely by what they are inclined to offer. Not shockingly, in places where the median home sale price is higher than average,like Jupiter and Palm Beach, most households tend to earn more than the national median household income.

However, according to MSN MONEY, in Florida, the 34102-zip code, located in Naples in the Naples-Immokalee-Marco Island metro area is the most expensive place to buy a home. The median home sale price in the area in 2020 was $1,200,000. For context, across all of Florida, the typical home sold for $255,000 in 2020.

For more information on Southeast Florida home prices, request detailed information from an experienced specialist at Waterfront Properties and Club Communities. Contact Waterfront Properties & Club Communities (waterfront-properties.com).