31329, Springfield, GA

The 31329 zip code of Springfield, GA is located in the Atlanta metropolitan area. The median home value in this zip code is $128,000. Home equity in this zip code has increased by 10.5% over the past year, which is much faster than the national average of only 2.1%. This indicates that there are a lot of opportunities for homebuyers in this area.

There are a number of factors that contribute to the high home equity values in Springfield. First, the population density is very low compared to other areas of Atlanta. This means that there are a lot of homes for sale and buyers have more options when choosing a home to purchase. Second, many homeowners in this area have taken advantage of low interest rates over the past few years and have been able to increase their equity levels significantly. Finally, Springfield has seen strong job growth over the past few years which has led to an increase in household incomes and consequently an increase in home values.