30755, Tunnel Hill, GA

Home Equity and Home Prices in the 30755 Zip Code of Tunnel Hill, GA

The 30755 zip code of Tunnel Hill, GA is located in the northeast corner of the state and has a population of just over 10,000. The median home value in this zip code is $146,500 which is significantly lower than the statewide median home value of $217,500. However, when compared to other nearby zip codes with similar demographics (e.g., 30758), the home values in this area are quite high. For example, the median home value in ZIP code 30758 is just $130,000 while the median home value in ZIP code 30755 is nearly double that amount ($236,500). This discrepancy may be due to a number of factors including location (i.e., close proximity to Atlanta), age and size of homes within the zip code.

Despite being less expensive than many other areas within Georgia, there are still a number of reasons why homeowners might want to consider selling their homes in ZIP code 30755. For one thing, there has been an increase in interest rates over recent years which could make it more difficult for buyers to qualify for mortgages or purchase homes outright. Additionally, although prices have decreased recently relative to earlier this decade (when they were higher), they remain relatively high when compared to surrounding areas. As such, if you are considering selling your home in this area it may be best to do so sooner rather than later as prices could continue to decline over time if no new development takes place within the vicinity.