30650, Madison, GA

Home Equity and Home Prices in the 30650 Zip Code of Madison, GA

The home equity and home prices in the 30650 zip code of Madison, GA are very high. The median home value in this zip code is $269,500, which is more than double the national median home value of $123,700. Additionally, the percentage of homes that are worth more than their original purchase price is also very high in this zip code. For example, 78% of homes in this zip code are worth more than their original purchase price. This is significantly higher than the national average of 54%.

One possible explanation for these high home values and percentage of homes that are worth more than their original purchase price could be due to the many affluent residents living in this zip code. In addition to being wealthy themselves, many people who work in downtown Madison or at nearby universities have a strong propensity to buy or rent property here. Therefore, it may be difficult for other areas within 30650 to match or exceed these lofty prices.

Despite these high prices however, there are still a large number of homes available for sale in this zip code. There were 1,812 listings available as of September 2018 which is below the national average but still above the rate seen at earlier points in 2018 (1,539 listings). This suggests that despite high demand from buyers and sellers alike there may still be some opportunities available if you're looking to buy or sell a property within this zip code.