31301, Allenhurst, GA

The 31301 zip code of Allenhurst, GA has a median home value of $191,000 and a median home equity value of $141,000. This is significantly lower than the national median home value of $217,500 and the national median home equity value of $157,600. There are a number of factors that may contribute to these low values in the 31301 zip code. Some possible reasons include:

-The population in this zip code is relatively young and has a high percentage of renters. This may lead to less demand for homes and higher prices for rentals compared to homeownership.

-The availability of affordable housing in this area may be limited. Many homes in this zip code are priced above the market rate, which could make it difficult for people who want to buy a home but cannot afford to do so.

-There is a high concentration of single family homes in this zip code, which could lead to increased demand for housing but also decreased demand for property taxes and other services related to maintaining and operating a large number of homes.