30177, Tate, GA

Home Equity and Home Prices in the 30177 Zip Code of Tate, GA

The Tate zip code has a median home value of $146,000. This is higher than the Georgia median home value of $122,500. The Tate zip code also has a higher percentage of homes with equity (56%) than the Georgia median (47%). This indicates that homeowners in the 30177 zip code are more likely to have more equity in their homes than homeowners in other parts of Georgia.

The average home price growth over the past year has been 2%. This is lower than the statewide average growth rate of 3%. However, it is still higher than the national average growth rate of 1%.

There are several factors that could be contributing to slower home price growth in Tate compared to other areas across Georgia. One possibility is that there may not be as much demand for homes in this area as there is elsewhere. Another possibility is that some potential buyers may be waiting for prices to increase further before making an offer on a home. Regardless of the reasons, it seems likely that prices will continue to grow slowly or even stagnate in Tate for some time yet.