30143, Jasper, GA

Home Equity and Home Prices in the 30143 Zip Code of Jasper, GA

The home equity and home prices in the 30143 zip code of Jasper, GA are very high. The median home value in this zip code is $269,900, which is more than triple the national median home value of $100,000. Additionally, the average home equity loan amount in this zip code is $130,000, which is also much higher than the national average loan amount of $44,500. This indicates that many homeowners in this zip code have a lot of equity in their homes and are able to borrow a large amount to purchase a new or replacement property.

There are several factors that may contribute to the high home values and equity levels in this zip code. First, Jasper is located within one of the most affluent counties in Georgia. Second, there is a high demand for housing stock within this zip code due to its excellent schools and amenities. Third, there has been an increase in household income over the past few years due to strong economic growth rates nationwide. Fourth, many homeowners here have taken advantage of low interest rates available on mortgages over recent years. Fifth, many properties here have been well-maintained and updated over time which may also contribute to their high values. Finally, there is a limited supply of housing stock available within this zip code which has helped drive up prices overall