Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$317,637
+1.2%
Since Jul 2024
Range: $279,250-$349,978
Evaluated June 4, 2025
1 Year
5 Years
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Property Facts
509 Colonial Way, McDonough, GA is a single family home that contains 2,003 Sq. Ft. and was built in 1993. It contains 3 bedrooms and 2.5 bathrooms. This home last sold for $178,000 on 12/20/2019.
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County:HENRY
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Year Built:1993
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Living Area:2,003 Sq. Ft.
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Lot Size:-
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Zone:R2
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Parcel:073B01015000
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Bedrooms:3
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Bathrooms:2.5
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Owner:ALVARADO LINDA I & RAMIREZ MARIA M FLORES
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Property History
Price History
Date
Event
Price
Source
12/20/2019
Sold
$178,000
Public Records
5/20/1993
Sold
$102,800
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$3,836 (+11.45%)
$109,200 (-6.06%)
2023
$3,442 (+13.63%)
$116,240 (+28.3%)
2022
$3,029 (+3.1%)
$90,600 (+21.38%)
2021
$2,938 (+10.7%)
$74,640 (+11.01%)
2020
$2,654 (+310.2%)
$67,240 (+10.3%)
2019
$647 (-58.47%)
$60,960 (+6.42%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
509 Colonial Way
McDonough, GA 30253
This Property
-
3 Bed
2 Bath
2,003 Sq. Ft.
1993 Year Built
1
500 Katherines Cove
Mcdonough, GA 30253
$374,000
3 Bed
2 Bath
2,024 Sq. Ft.
1995 Year Built
2
200 Regal Way W
Mcdonough, GA 30253
$315,000
3 Bed
2 Bath
1,720 Sq. Ft.
1992 Year Built
3
1000 JAMES MADISON Court
McDonough, GA 30253
$359,000
5 Bed
0 Bath
2,765 Sq. Ft.
1997 Year Built
4
2110 Kellington Drive
McDonough, GA 30253
$226,900
3 Bed
0 Bath
1,403 Sq. Ft.
1995 Year Built
5
3034 Camille Lane
McDonough, GA 30253
$310,000
2 Bed
0 Bath
1,603 Sq. Ft.
2003 Year Built
6
1027 James Madison Court
Mcdonough, GA 30253
$320,400
3 Bed
0 Bath
0 Sq. Ft.
1995 Year Built
7
3617 Moon Crest Drive
Mcdonough, GA 30253
$240,000
4 Bed
0 Bath
2,371 Sq. Ft.
2019 Year Built
8
3733 Upland Drive
McDonough, GA 30253
$330,000
4 Bed
0 Bath
2,401 Sq. Ft.
2017 Year Built
9
3036 Camille Lane
McDonough, GA 30253
$310,000
2 Bed
0 Bath
1,861 Sq. Ft.
2003 Year Built
10
229 Kenoot Drive Unit 49
McDonough, GA 30253
$265,000
3 Bed
0 Bath
1,552 Sq. Ft.
2025 Year Built
Sales in a non-disclosure state
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Market Trends
McDonough
30253
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Jun 2024
$360,000
May 2025
$347,000
Change
-3.6%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
86 Days
May 2025
95 Days
Change
+10.5%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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2 Years
5 Years
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Area Statistics
People
ZIP (30253)
City (McDonough)
Population
53,647
28,574
Population Density
1,107.6
2,261.3
People Per Household
3
3.1
Median Age
33.6
31.1
Median Household Income
$74,817
$73,215
Average Income
$30,351
$28,953
Economy
ZIP (30253)
City (McDonough)
Unemployment
3.00%
3.60%
Recent Job Growth
1.43%
1.43%
Future Job Growth
44.42%
43.52%
Sales Tax
8.00%
8.00%
Income Tax
5.75%
5.75%
Cost of Living Index
105.9
108.2
Environment
ZIP (30253)
City (McDonough)
Altitude
836
866
Rainfall (Inches Annually)
49
49
Snowfall (Inches Annually)
1
1
January Avg. Low Temp
31.6
31.5
July Avg. High Temp
90.3
90.4
Days of Precipitation Annually
107
107
Days Mostly Sunny Annually
217
214
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
PK-5
1.6 mi
9-12
2.6 mi
6-8
2.7 mi
K-10
2.4 mi
6-12
4.1 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
