30664, Sharon, GA

The 30664 zip code of Sharon, GA has a median home value of $151,000. This is lower than the Georgia median home value of $217,500. The 30664 zip code also has a lower than average home equity percentage of 56%. This means that there are more homes with negative equity (less than the original purchase price) in this zip code than in most other zip codes in Georgia.

There are several factors that may contribute to the low home equity percentage in the 30664 zip code. One reason may be that many homes in this area were purchased at or near peak values several years ago and have since declined in value. Additionally, many homeowners here have taken out high-interest loans to finance their purchases, which may have increased their overall debt burden and reduced their available equity. Finally, there is a significant number of vacant homes in this area, which may also be contributing to decreased home values.