30802, Appling, GA

Appling, GA is located in the 30802 zip code. The median home value in this zip code is $135,000. The average home value in Appling has increased by 10% over the past year and has a current market rate of $137,500. The average mortgage rate for this zip code is 4.5%. Home equity in Appling is growing at a faster pace than the rest of the country and has reached an all-time high of $142,000 as of May 2017. This growth can be attributed to low interest rates and increasing demand for housing within the area.

Appling's population growth has also contributed to its increase in home values. Between 2010 and 2016, Appling's population grew by 21%. This growth has led to an increase in demand for housing which has translated into higher home values. Additionally, Appling's low unemployment rate (3%) and high household income (median household income of $60,000) contribute to its high home values.

Despite these positive factors, there are some challenges that face homeowners in Appling. One issue that homeowners face is that there are not enough homes available for sale within the area. As a result, homeowners have to compete with each other for available homes which drives up prices. Additionally, while Appling's economy is strong overall, there are pockets of poverty within the community which can lead to lower home values due to lower incomes and less access to creditworthy buyers.