The housing market in 31522 St. Simons, GA is very strong right now. According to the data provided, the median value of a house in this area is $563,900 which is significantly higher than the US median house value of $338,100. Additionally, the 1 year house appreciation in this area is 14.29%, which is almost 6% higher than the US average appreciation rate of 8.27%. This indicates that housing prices have been steadily increasing in this area and will likely continue to do so into the future.
The median home cost in St. Simons (zip 31522) is $563,900. Home appreciation the last 10 years has been 89.3%. Home Appreciation in St. Simons (zip 31522) is up 21.0%.
Average Age of Homes
- The median age of St. Simons (zip 31522) real estate is 30 years old
The Rental Market in St. Simons (zip 31522)
- Renters make up 17.5% of the St. Simons (zip 31522) population
- 6.0% of houses and apartments in St. Simons (zip 31522), 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.