Zip 31771 (Norman Park, GA) Housing

The housing market in 31771 Norman Park, GA has proven to be an attractive option with a median value of $91,700, much lower than the US median of $338,100. In the last year, the area has seen strong appreciation with values increasing by 12.86%, greater than the US average of 8.27%. With such great appreciation and a lower entry point for investment, housing in the 31771 area is becoming a popular choice for those looking to enter the real estate market.

The median home cost in Norman Park (zip 31771) is $91,700. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Norman Park (zip 31771) is up 18.0%.

Average Age of Homes

- The median age of Norman Park (zip 31771) real estate is 27 years old

The Rental Market in Norman Park (zip 31771)

- Renters make up 20.4% of the Norman Park (zip 31771) population
- 1.5% of houses and apartments in Norman Park (zip 31771), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norman Park, Georgia	United States
	2,532.0	139,647,020.0
	29	42
	$91,700	$338,100
	18.0%	16.6%
	46.2%	57.0%
	56.9%	101.1%
	$9.74	$10.98
	$632	$2,690
	58.6%	57.4%
	11.0%	11.2%
	30.4%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	1.2%	0.4%
	1.3%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	12.4%	2.6%
	18.5%	2.4%
	16.0%	2.8%
	12.9%	3.9%
	9.6%	4.5%
	6.7%	11.3%
	9.8%	13.0%
	8.5%	20.1%
	0.0%	13.6%
	0.6%	8.3%
	4.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.8%	13.6%
	14.8%	13.6%
	36.3%	13.6%
	10.0%	13.2%
	12.7%	14.8%
	36.3%	13.6%
	8.9%	10.0%
	3.2%	4.7%
	5.7%	12.2%

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