31029, Forsyth, GA

The 31029 zip code of Forsyth, GA has a median home value of $119,000. This is lower than the Georgia state median home value of $167,500. The 31029 zip code also has a lower than average percentage of homeowners with a mortgage at 66%. This is higher than the Georgia state percentage of homeowners with a mortgage at 63%.

There are several factors that may contribute to the lower home values in the 31029 zip code. One factor may be that Forsyth is located in one of the more rural parts of Georgia. This may make it harder for people to find buyers who are interested in purchasing homes in this area. Additionally, Forsyth has been experiencing slower growth over the past few years, which could lead to fewer people buying homes and therefore reducing demand for properties in this area. Finally, Forsyth is not as affluent as some other parts of Georgia and may not have as many wealthy residents who are able to invest in property values.