Zip Code:

30205, Brooks, GA

30205 is a Georgia Zip code within the city of Brooks and the county of Fayette County. Its population is roughly 2,862.

The Real Estate Market in the 30205 Zip Code of Brooks, GA

Brooks, GA is located in the 30205 zip code. According to the 2010 census, Brooks has a population of 9,837. The median household income in Brooks is $60,000. The median home value in Brooks is $144,500.

According to Zillow's Home Value Index for the 30205 zip code, the average home value in this zip code has increased by 10% over the past year. This increase is significantly higher than the national average of 5%. In addition, Zillow's Home Value Index shows that homes in this zip code are worth an average of 97% more than they were a year ago.

The primary reason for this increase in home values appears to be strong demand from buyers and limited supply of homes available for purchase. In addition, many homeowners who live in Brooks have taken advantage of low interest rates and have refinanced their mortgages multiple times over the past few years. As a result of these factors, homeownership rates in Brooks are among the highest in Georgia at 81%. This high level of homeownership has helped to keep prices high and encouraged more people to invest money into purchasing homes here.

Despite these positive trends, there are some risks associated with buying a home in Brooks right now. For example, if interest rates rise or if there are any major changes within the local economy that reduce demand for homes (e.g., a recession), prices could decline significantly and many homeowners could find themselves underwater on their mortgages (i.e., owing more on their homes than they're worth). Additionally, although there is strong demand for homes currently available for sale within Brooks, it's possible that this trend could change over time and fewer houses will become available as buyers move onto other options or decide not to buy at all due to high prices.

Price Index: Atlanta-Sandy Springs-Alpharetta, GA

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