Housing in 31602 Valdosta, GA has seen rapid appreciation over the past year. Median housing value in the area stands at $172,200, significantly lower than the US median of $338,100. However, this difference in cost is balanced by the fact that 1 year house appreciation in 31602 Valdosta is 19.62%, much higher than the US average of 8.27%. With such a dynamic market and comparatively low median cost of housing, 31602 Valdosta, GA is an attractive option for prospective homebuyers looking to find their dream home without breaking their budget.
The median home cost in Valdosta (zip 31602) is $172,200. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Valdosta (zip 31602) is up 14.1%.
Average Age of Homes
- The median age of Valdosta (zip 31602) real estate is 31 years old
The Rental Market in Valdosta (zip 31602)
- Renters make up 49.4% of the Valdosta (zip 31602) population
- 5.3% of houses and apartments in Valdosta (zip 31602), 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.