Housing in Menlo, GA is a great investment for those looking to own a home. With a median value of $209,500, it is much lower than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation rate in Menlo, GA was 14.09%, significantly higher than the US average of 8.27%. This means that housing in Menlo, GA has appreciated more quickly over the past year and is likely to continue to do so in the future. With such favorable conditions for potential homeowners, Menlo, GA should definitely be considered as an option for investing in housing.
The median home cost in Menlo is $209,500. Home appreciation the last 10 years has been 103.4%. Home Appreciation in Menlo is up 20.8%.
Average Age of Homes
- The median age of Menlo real estate is 50 years old
The Rental Market in Menlo
- Renters make up 35.8% of the Menlo population
- 0.0% of houses and apartments in Menlo, 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.