30251, Luthersville, GA

The 30251 zip code of Luthersville, GA has a median home value of $128,000 and a median home equity value of $101,000. These values are significantly lower than the statewide median home value of $217,500 and statewide median home equity value of $146,700. The 30251 zip code is also significantly lower than the national median home value of $177,200 and national median home equity value of $142,600.

There are several factors that may contribute to the low values in the 30251 zip code. First, Luther'sville is located in one of Georgia's more rural counties. This may lead to a smaller pool of potential buyers and less competition for homes on the market. Additionally, Luther'sville is located in an area that has experienced significant economic decline over the past few years. This may lead to fewer people able to afford homes in this area and consequently lower demand for homes on the market. Finally, Luther'sville is located near several major metropolitan areas (including Atlanta and Augusta) which may lead to increased demand for housing relative to available supply. Taken together, these factors likely account for a significant portion of the low values in the 30251 zip code.