The housing market in 30506 Gainesville, GA is booming. The median value of a house in this area is $377,500, which is substantially higher than the US median value of $338,100. This is made even more impressive when looking at the one-year house appreciation rate, which for this area stands at 17.32%, compared to 8.27% nationally. These figures demonstrate that people are actively investing in property in 30506 Gainesville and are confident that their investment will increase over time.
The median home cost in Gainesville (zip 30506) is $377,500. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Gainesville (zip 30506) is up 22.4%.
Average Age of Homes
- The median age of Gainesville (zip 30506) real estate is 26 years old
The Rental Market in Gainesville (zip 30506)
- Renters make up 18.9% of the Gainesville (zip 30506) population
- 0.5% of houses and apartments in Gainesville (zip 30506), 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.