Zip Code:

31524, Brunswick, GA

31524 is a Georgia Zip code within the city of Brunswick and the county of Glynn County. Its population is roughly 0.

The Real Estate Market in the 31524 Zip Code of Brunswick, GA

The 31524 zip code of Brunswick, GA has a median home value of $119,000 and a median home equity value of $128,000. These values are lower than the Georgia state median home value of $205,800 and the national median home equity value of $142,600. This indicates that there is more demand for homes in this zip code than there is available homes.

One possible explanation for this high demand could be that the area has a high population density. Additionally, Brunswick is located in the Atlanta metropolitan area which is one of the most populous areas in the United States. Therefore, it is likely that there are many people who want to live in this area and purchase a home here.

Another factor that could contribute to the high demand for homes in this zip code is the low unemployment rate. The unemployment rate in Brunswick was 2.8% as of May 2017 which is much lower than the Georgia state unemployment rate of 4% and the national unemployment rate of 4%. This means that there are many jobs available in this area and people who are looking for them may be more likely to purchase a home than people who are unemployed.

Overall, it appears that there is strong demand for homes in the 31524 zip code of Brunswick and prices have not yet reached equilibrium due to this demand. If current trends continue then it seems likely that prices will increase over time as more homes become available on the market

Price Index: Brunswick, GA

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