The housing market in 31601 Valdosta, GA is thriving compared to the national average. The median value of a house in this area is $92,500, significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate for this area is 19.62%, nearly double the US 1 year House Appreciation rate of 8.27%. This information shows that the housing market in 31601 Valdosta, GA offers more affordability and has seen a higher rate of appreciation over the last year than can be found across much of the country.
The median home cost in Valdosta (zip 31601) is $92,500. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Valdosta (zip 31601) is up 14.1%.
Average Age of Homes
- The median age of Valdosta (zip 31601) real estate is 37 years old
The Rental Market in Valdosta (zip 31601)
- Renters make up 49.4% of the Valdosta (zip 31601) population
- 4.3% of houses and apartments in Valdosta (zip 31601), 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.