Housing in 30040 Cumming, GA is quite expensive compared to the US median house value of $338,100. The current median housing value in 30040 Cumming, GA is $534,700 which is over 50% more than the national median. This high cost of housing is made even more impressive by the 16.59% increase in housing values over the past year which is significantly greater than the 8.27% increase seen over the same period across the United States as a whole. It's clear that 30040 Cumming, GA has seen some strong demand for housing in recent times and buyers should be aware that prices are continuing to rise rapidly.
The median home cost in Cumming (zip 30040) is $534,700. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Cumming (zip 30040) is up 23.0%.
Average Age of Homes
- The median age of Cumming (zip 30040) real estate is 16 years old
The Rental Market in Cumming (zip 30040)
- Renters make up 14.8% of the Cumming (zip 30040) population
- 0.6% of houses and apartments in Cumming (zip 30040), 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.