The housing market in Gumlog, GA is a strong one. The median value of houses in Gumlog is $191,800, which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in Gumlog is 17.32%, nearly double that of the US rate of 8.27%. This demonstrates that the housing market in Gumlog is growing and becoming increasingly attractive to potential homebuyers.
The median home cost in Gumlog is $191,800. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Gumlog is up 22.4%.
Average Age of Homes
- The median age of Gumlog real estate is 29 years old
The Rental Market in Gumlog
- Renters make up 14.5% of the Gumlog population
- 1.5% of houses and apartments in Gumlog, 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.