East Point, GA is a great place to buy a home as the median home value is currently $271,900. This is significantly lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, however, in East Point the 1 year House Appreciation rate is actually 9.69%. This means that investing in a house in East Point would be more profitable than other parts of the US in terms of appreciation potential. Investing in East Point real estate can be seen as a wise decision for those looking for an affordable and lucrative option.
The median home cost in East Point is $271,900. Home appreciation the last 10 years has been 125.7%. Home Appreciation in East Point is up 15.6%.
Average Age of Homes
- The median age of East Point real estate is 48 years old
The Rental Market in East Point
- Renters make up 41.7% of the East Point population
- 5.2% of houses and apartments in East Point, 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.