Alpharetta, GA is an attractive area for homebuyers due to the high median housing value of $606,400, which is almost double the US median housing value of $338,100. The appreciation rate for homes in Alpharetta is also significantly higher than the national average with a 1 year appreciation rate of 16.59%, compared to 8.27% nationally. Homebuyers will benefit from investing in the Alpharetta real estate market as there are strong indications of continued growth and appreciation in housing values.
The median home cost in Alpharetta is $606,400. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Alpharetta is up 23.0%.
Average Age of Homes
- The median age of Alpharetta real estate is 23 years old
The Rental Market in Alpharetta
- Renters make up 34.7% of the Alpharetta population
- 2.8% of houses and apartments in Alpharetta, 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.