The housing market in Forest Park, GA is booming right now. The median value of homes in the area is $166,400, which is lower than the US House Median Value of $338,100. However, the 1 year house appreciation in Forest Park, GA has been a whopping 19.85%, much higher than the US 1 year House Appreciation of 8.27%. This indicates that purchasing a home in Forest Park could be an excellent investment opportunity and result in significant returns for those who make the decision to do so.
The median home cost in Forest Park is $166,400. Home appreciation the last 10 years has been 148.3%. Home Appreciation in Forest Park is up 26.5%.
Average Age of Homes
- The median age of Forest Park real estate is 50 years old
The Rental Market in Forest Park
- Renters make up 44.0% of the Forest Park population
- 3.5% of houses and apartments in Forest Park, 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.