Georgiana, AL is a great place to purchase a new home. The median value of housing in Georgiana is $92,000 which is significantly lower than the US median value of $338,100. The US housing appreciation rate for the past year was 8.27%, however, housing in Georgiana rose 16.13%. This makes this area a great investment for potential home owners as they can get more bang for their buck and benefit from the higher appreciation rate.
The median home cost in Georgiana is $92,000. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Georgiana is up 13.3%.
Average Age of Homes
- The median age of Georgiana real estate is 43 years old
The Rental Market in Georgiana
- Renters make up 34.6% of the Georgiana population
- 8.4% of houses and apartments in Georgiana, 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.