30907, Augusta, GA

Augusta, Georgia is a city located in the 30907 zip code. According to the 2010 census, Augusta had a population of 33,527. The 30907 zip code has a median household income of $59,851 and a median home value of $214,500.

The average home price in the 30907 zip code has increased by over 20% since 2006. In 2007, the average home price was $183,200 and by 2010 it had increased to $214,500. This increase can be attributed to several factors including an increase in demand for homes due to an influx of new residents and an increase in home equity values as well as low interest rates during this time period.

According to Zillow’s Home Value Index (HVI), which measures changes in U.S. residential property values from one quarter to another on a quarterly basis*, the 30907 zip code ranks #2 out of all 50902 zip codes across America when it comes to appreciation*. This means that homeowners in this area have seen their property values increase significantly over the past few years.

While there are many factors that contribute to home equity value growth (such as location and size of the property), low interest rates are often cited as one of the main reasons why homeowners have been able to achieve such high levels of appreciation*. This is because when interest rates are low, borrowers have more incentive to borrow money against their homes rather than investing elsewhere – which is what they would typically do if interest rates were higher*.

Overall, it can be said that homeowners in Augusta – and especially those living within the 30907 zip code – have experienced significant gains in their home equity values over recent years due largely to low interest rates and increasing demand for homes within certain areas.