39828, Cairo, GA

Home Equity and Home Prices in 39828 Zip Code of Cairo, GA

The 39828 zip code of Cairo, GA has a median home value of $119,000. This is lower than the statewide median home value of $174,500. The 39828 zip code also has a lower home equity value than the statewide median home equity value of $141,000. This indicates that there are more homes in this zip code that are worth less than their original purchase price.

There are several factors that could contribute to the lower home values in this zip code. One reason may be that there are fewer homes available for sale in this area compared to other areas of the state. Additionally, it may be difficult for potential buyers to qualify for a mortgage due to low home values and high interest rates.

Despite these challenges, there is still opportunity for those who want to buy or sell a home in the 39828 zip code. There are many neighborhoods within this area that have seen an increase in popularity over the past few years due to their close proximity to major cities and universities such as Athens and Augusta. Additionally, many new development projects have been approved within this area which should help increase housing stock and prices over time.