The housing market in 31216 Macon, GA is currently thriving. The median value of a house in 31216 Macon is $208,400, which is significantly lower than the US median house value of $338,100. However, what makes it so appealing to potential buyers is its higher 1 year appreciation rate of 15.91%, which significantly outpaces the national 1 year appreciation rate of 8.27%. This means that investing in real estate in 31216 Macon can yield a larger return on investment compared to many other areas around the US. With such an attractive market and significant potential for growth, it's no wonder that many people are investing in this region.
The median home cost in Macon (zip 31216) is $208,400. Home appreciation the last 10 years has been 66.9%. Home Appreciation in Macon (zip 31216) is up 22.3%.
Average Age of Homes
- The median age of Macon (zip 31216) real estate is 28 years old
The Rental Market in Macon (zip 31216)
- Renters make up 20.4% of the Macon (zip 31216) population
- 0.9% of houses and apartments in Macon (zip 31216), 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.