The housing market in McRae, GA (zip code 31055) has seen a steady increase in median value over the past year. According to the data, the median value of homes in the area is currently $92,400, significantly lower than the US House Median Value of $338,100. Despite this difference, the zip code has seen a higher appreciation rate of 15.27%, compared to 8.27% nationally. This suggests that McRae is an attractive option for potential homebuyers looking for an affordable option with plenty of opportunities for growth and appreciation over time.
The median home cost in McRae (zip 31055) is $92,400. Home appreciation the last 10 years has been 72.9%. Home Appreciation in McRae (zip 31055) is up 20.0%.
Average Age of Homes
- The median age of McRae (zip 31055) real estate is 43 years old
The Rental Market in McRae (zip 31055)
- Renters make up 33.6% of the McRae (zip 31055) population
- 1.5% of houses and apartments in McRae (zip 31055), 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.