30553, Lavonia, GA

The 30553 zip code of Lavonia, GA is located in the southeastern part of the state. The area has a population of about 9,000 and an average household income of $39,000. Home prices in this zip code have increased by an average of 18% over the past five years. The median home value is $130,000 and the median mortgage balance is $111,500.

There are a number of factors that have contributed to the increase in home values in this zip code. First, there is a strong demand for housing due to the growing population and economy in southeastern Georgia. Second, Lavonia has experienced rapid growth over the past few years which has led to an increase in new construction and remodeling activity. Finally, there are a limited number of homes available for sale which has driven up prices.

While these factors are likely responsible for most of the increase in home values over the past five years, it is important to keep in mind that they can also be temporary drivers of price appreciation. Therefore, it is important for homeowners who are considering buying or selling their homes to do their research and stay up-to-date on market trends so that they can make informed decisions about whether or not to buy or sell their homes.