31552, Millwood, GA

Millwood is located in the 31552 zip code in the Atlanta metropolitan area. According to the 2010 census, the population of Millwood was 10,819. The median household income was $92,521 and the median family income was $107,000. The percentage of families with children under 18 living at home was 62%. Millwood has a population density of 2,906 people per square mile and a median age of 36 years.

The average sale price for homes in Millwood during the first quarter of 2013 was $269,000. This represents an increase from the average sale price for homes during the first quarter of 2012 which was $246,000. The percentage increase in sales prices from 2012 to 2013 is 12%.

During this same time period (2013), there were 1,023 home sales in Millwood. This represents an increase from 968 home sales during the first quarter of 2012. The percentage increase in sales prices from 2012 to 2013 is 11%.

There are several factors that could be contributing to increased home values and home equity within Millwood over recent years. These include: increasing demand due to growing economic conditions within Atlanta; low interest rates; and limited supply relative to current demand levels. Additionally, many homeowners within Millwood have taken advantage of available incentives such as low down payments and seller concessions which have helped drive up prices even further.