Welcome to our 30248 real estate data hub, tailored for investors in Locust Grove, GA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 30248 in Locust Grove, GA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in HENRY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Locust Grove, GA real estate investing. Uncover the wealth of information available, and position yourself for success in the Locust Grove property market.
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Location Overview
- Zip Code: 30248
- City: Locust Grove
- State: GA
- Metro Area: Atlanta-Sandy Springs-Alpharetta, GA
- County Name: HENRY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $326,662
- Average Home Price (Single Family Homes): $326,774
- Average Monthly Rental Price (All Types): $2,084
- Price-to-Rent Ratio: 13
- Zillow Projected % appreciation from 4/2023-4/2024: 1.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,630
- Average 3 Bedroom Section 8 Rental Rates: $1,980
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.7
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.75
- Number of Units Offered in Section 8 in the County: 143
- Number of Occupied Units in Section 8 in the County: 139
- Percentage of Section 8 Units Occupied in the County: 97.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 216.8
- Total % Appreciation since 2000 (Government Data): 99.24
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.84%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.77%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 50.45%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 76.18%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 169.9%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 74.07%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 90.66%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.61%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.79%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 43.57%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 63%