The housing market in Elko, GA (zip code 31025) is currently highly valued, with a median home value of $251,200. This is significantly lower than the U.S. median home value of $338,100, yet it still has seen an impressive 15.27% appreciation over the past year compared to the national average of 8.27%. This suggests that buying property in Elko may be a wise investment due to its potential for continued growth and development.
The median home cost in Elko (zip 31025) is $251,200. Home appreciation the last 10 years has been 72.9%. Home Appreciation in Elko (zip 31025) is up 20.0%.
Average Age of Homes
- The median age of Elko (zip 31025) real estate is 24 years old
The Rental Market in Elko (zip 31025)
- Renters make up 10.0% of the Elko (zip 31025) population
- 0.0% of houses and apartments in Elko (zip 31025), 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.