Housing in Ila, GA is very appealing due to its affordability and value appreciation rate. The median value of homes in Ila, GA is $197,000, significantly lower than the US median of $338,100. This makes it a great option for potential home buyers looking for an affordable starter home. Moreover, the 1 year house appreciation rate in Ila, GA was 16.11%, which is almost double the national average of 8.27%. This indicates that investing in a home in Ila, GA may be a wise financial decision as it could appreciate at a much faster rate than other areas in the US.
The median home cost in Ila is $197,000. Home appreciation the last 10 years has been 140.5%. Home Appreciation in Ila is up 24.4%.
Average Age of Homes
- The median age of Ila real estate is 39 years old
The Rental Market in Ila
- Renters make up 42.6% of the Ila population
- 0.0% of houses and apartments in Ila, 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.