Elberton, Georgia has an impressive median value for housing at $116,500. This is significantly less than the US House Median Value of $338,100. It is also notable that the 1 year house appreciation in Elberton, GA is 15.68%, which is higher than the national average of 8.27%. This provides a great opportunity to buyers looking to get into a more affordable housing market with good returns on investment. The quality and affordability of housing in Elberton makes it an attractive option to potential homebuyers.
The median home cost in Elberton is $116,500. Home appreciation the last 10 years has been 140.4%. Home Appreciation in Elberton is up 25.1%.
Average Age of Homes
- The median age of Elberton real estate is 50 years old
The Rental Market in Elberton
- Renters make up 34.6% of the Elberton population
- 1.3% of houses and apartments in Elberton, 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.