30011, Auburn, GA

Auburn, GA is located in the 30011 zip code. The median home value in this zip code is $119,000. The average home value in this zip code has increased by 5.5% over the past year and has increased by 12% over the past five years. In addition, the median home equity in this zip code is $50,000 which is higher than the national median of $41,500. This indicates that there are a lot of homes in this zip code that are worth more than their original purchase price.

One reason for this increase in home values may be due to the fact that Auburn is a growing city. Over the past five years, Auburn has seen an increase of 10% in population which may lead to an increase in demand for homes and businesses. Additionally, Auburn has seen an increase of 20% in jobs since 2010 which may also contribute to higher home values.

Another reason for the increase in home values may be due to low interest rates and increasing stock prices. Low interest rates make it cheaper for people to borrow money to buy a house and increasing stock prices makes it more likely that people will be able to sell their homes at a higher price than they originally purchased them for.