31001, Abbeville, GA

The 31001 zip code of Abbeville, GA has a median home value of $135,000. The city has a population of just over 2,000 people and is located in the northeast corner of the state. The area is rural and agricultural with a small percentage of developed land. Home values in this zip code are relatively low when compared to other areas in Georgia, but they have increased modestly over the past few years.

There are several factors that may contribute to the low home values in this zip code. First, there is a lack of available land for development which may keep prices down. Second, Abbeville is located in an economically depressed region of the state and may not be attractive to buyers or renters. Finally, there are relatively few homes for sale in this area which may also contribute to lower prices.

Despite these challenges, home values have increased modestly over the past few years thanks to strong demand from buyers and limited supply. In fact, according to Zillow’s recent report on Georgia real estate market conditions, Abbeville ranked as one of the top 10 fastest-growing cities in Georgia between January 2016 and January 2017 (Zillow). This growth indicates that there is potential for further price appreciation in this area if current trends continue.