Demorest, GA is an excellent area for housing with its median value being significantly lower than the US house median value at $234,700. Over the past year, the appreciation rate of homes in Demorest has been quite impressive at 17.32%, compared to the US 1 year house appreciation rate of 8.27%. Therefore, investing in the real estate market in Demorest is a great opportunity for those looking to increase wealth through owning property.
The median home cost in Demorest is $234,700. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Demorest is up 22.4%.
Average Age of Homes
- The median age of Demorest real estate is 37 years old
The Rental Market in Demorest
- Renters make up 29.5% of the Demorest population
- 4.9% of houses and apartments in Demorest, 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.