30028, Cumming, GA

Home Equity and Home Prices in the 30028 Zip Code of Cumming, GA

There is no one answer to the question of whether home equity or home prices are more important to a person's financial well-being. For some people, their home equity is their biggest asset. For others, their home's value is more important. However, it is generally agreed that both factors are important.

According to Zillow, the median home value in the 30028 zip code of Cumming was $171,000 as of February 2018. This means that half of all homes in this zip code were worth more than $171,000 and half were worth less than that amount.

The percentage of homes in this zip code that are worth more than $171,000 has increased by 5% since 2017. Meanwhile, the percentage of homes that are worth less than $171,000 has decreased by 2% since 2017. This suggests that there may be some pressure on house prices in this area due to increasing demand from buyers who can afford more expensive homes and decreasing supply from sellers who want to sell their homes for less money.

However, it should also be noted that there have been a number of changes within the 30028 zip code over the past year or so which could have affected these statistics (for example: new construction). So it's difficult to say for certain whether house prices will continue to rise or fall over time in this area.

Regardless of whether house prices rise or fall over time, it's important for people living in 30028 zip code to understand their own financial situation and make sure they're taking advantage of all available opportunities (such as using a mortgage calculator). Doing so can help them stay safe and secure financially while they live in an area with changing housing market conditions