October's First-Time Homebuyer Report for 31216 Zip Code

The 31216 zip code has a younger population than other areas in Georgia with a median age of 39 years. It is also affluent with a median income of $52,150 per household. The 31216 zip code market is almost exclusively made up of detached houses, which currently account for 98% of the homes for sale in the area. Topping the list of best schools in the zip code is Heritage Elementary School.

Price Range

Homes in the 31216 zip code are generally more expensive than others in the state with a median home value of $113,000 and an average list price of $156,553. Over the last 30 days, the 31216 zip code market looked active with 11 homes sold, a 22.2% increase from last week's report.

Make sure you take a look at these eye-catching homes in the 31216 zip code that generated the most views from potential buyers:

$258K   $155K   $133K  

Typical Dwelling

A three-bedroom detached home valued around $124,382 is considered a typical dwelling in the 31216 zip code. If a buyer was looking for a similar home, they would need good credit and a $24,876 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $648 and the property tax rate is $8.84 per $1,000 of taxable assessed value.

Get started right now by checking out 31216 homes for sale or reviewing 31216 real estate trends.

Data reported through 10/13/2016


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