30034, Decatur, GA

Decatur, GA is located in the 30034 zip code. According to the 2016 American Community Survey, the median household income in this zip code is $51,711. The median home value is $161,000. The 30034 zip code has a population of approximately 30,000 people.

The Decatur housing market has seen steady growth over the past few years. In January of 2016, the Decatur MLS reported that there were 1 active listings and 2 pending sales in the city. As of May 2017 there were 5 active listings and 4 pending sales in Decatur. This indicates that there has been an increase of about 50% in the number of homes for sale within this city since January 2016.

One factor that may be contributing to this growth is that Decatur was recently designated as a “Smart City” by Georgia Tech Research Institute (GTRI). This designation means that Decatur will receive funding to improve infrastructure such as broadband access and public safety initiatives. It is possible that these improvements will lead to increased demand for housing in Decatur and help to drive up prices across all sectors of the market.

Despite these positive trends, it should be noted that not all areas within the city have seen similar increases in home values or activity levels over recent months/years. Areas near Downtown (within walking distance of many businesses and amenities) have seen much higher rates of appreciation than areas further away from downtown (such as areas near I-85). Additionally, prices vary significantly based on location within a given neighborhood; some neighborhoods have seen modest price increases while others have experienced much higher rates of appreciation (e.g., parts of North Druid Hills have seen prices increase by more than 200%).

Overall, it seems likely that prices will continue to rise moderately within the 30034 zip code over time as demand continues to outpace supply – especially given recent developments such as GTRI’s designation as a “Smart City” which could lead to even more investment into local infrastructure and increased interest from potential homebuyers/sellers