The housing market in 31329 Springfield, GA is booming. The median value of a house in this area is $241,800, which is considerably lower than the US median value of $338,100. However, over the past year, the appreciation rate for houses in this area has been 16.21%, well above the national average of 8.27%. This illustrates that Springfield is an excellent place to invest in real estate. With low median values and high appreciation rates, investors are sure to see a great return on their investments.
The median home cost in Springfield (zip 31329) is $241,800. Home appreciation the last 10 years has been 88.2%. Home Appreciation in Springfield (zip 31329) is up 21.2%.
Average Age of Homes
- The median age of Springfield (zip 31329) real estate is 26 years old
The Rental Market in Springfield (zip 31329)
- Renters make up 19.7% of the Springfield (zip 31329) population
- 1.1% of houses and apartments in Springfield (zip 31329), 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.