The housing market in 30531 Cornelia, GA is an area with a vibrant and healthy market. The median value of homes in this area is $220,500 which is significantly lower than the US median value of $338,100. Despite the lower median value, this area has seen greater appreciation over the past year at 17.32%, compared to the US average of 8.27%. This indicates that the housing market in Cornelia is growing rapidly and that those investing in real estate are likely to see a great return on their investment.
The median home cost in Cornelia (zip 30531) is $220,500. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Cornelia (zip 30531) is up 22.4%.
Average Age of Homes
- The median age of Cornelia (zip 30531) real estate is 32 years old
The Rental Market in Cornelia (zip 30531)
- Renters make up 28.6% of the Cornelia (zip 30531) population
- 1.6% of houses and apartments in Cornelia (zip 30531), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.