30820, Mitchell, GA

The 30820 zip code of Mitchell, GA is located in the Atlanta metropolitan area. The median home value in this zip code is $127,000. The home equity index for this zip code is 106.1%. This means that the average homeowner in this zip code has a total equity of $127,100.

The average home price in Mitchell, GA has increased by 10% over the past year. This increase can be attributed to a number of factors including an increase in demand and availability of homes, as well as low interest rates. Over the past five years, the average home price has increased by 27%.

There are a number of reasons why homeowners in Mitchell, GA may have more equity than other homeowners in the metro area. For example, many homeowners here have taken advantage of low interest rates to borrow money against their homes and invest elsewhere (e.g., stocks or mutual funds). Additionally, many homeowners here have made significant improvements to their homes (e.g., new roofs or windows) which have increased their value significantly.