30808, Dearing, GA

The 30808 zip code of Dearing, GA is located in the Atlanta metropolitan area. The median home value in this zip code is $174,000 and the median home equity is $128,000. The average debt-to-income ratio for homes in this zip code is 43%. This indicates that most homeowners in this zip code have a relatively low level of debt compared to their income.

The 30808 zip code has a relatively high level of homeownership when compared to other areas of the country. According to Zillow, 69% of homes in this zip code are owned by people who live there. This compares favorably with the national average of 63%. Additionally, this percentage is higher than the percentage of homeownership found in most other areas of Georgia (Zillow). This high level of homeownership may be attributable to several factors, including low levels of unemployment and poverty within the area, as well as strong economic growth over the past few years (Zillow).

Despite having a high level of homeownership, there are still some homes available for sale in the 30808 zip code. As of March 2019, there were 1,853 active listings in this zipcode (Zillow). This indicates that there are still plenty of homes available for purchase if someone is interested in purchasing one. In addition to being able to purchase a home outright, buyers may also be interested in purchasing a home through a mortgage or loan product. Based on data from Zillow, mortgages and loans account for 44% and 36% respectivelyof all sales activity within this ZIP Code (Zillow).