The housing market in Augusta-Richmond County, GA is thriving and continues to appreciate faster than the national average. The median value of a house in this area is currently $174,000, compared to the US House median value of $338,100. Over the last year, the US house appreciation was 8.27%, while Augusta Richmond County's house appreciation rate was 18.01%. This indicates that investing in or buying a home in Augusta-Richmond County could be quite lucrative. Furthermore, values are expected to continue increasing at faster pace than the rest of the country for some time to come.
The median home cost in Augusta is $174,000. Home appreciation the last 10 years has been 86.1%. Home Appreciation in Augusta is up 17.3%.
Average Age of Homes
- The median age of Augusta real estate is 40 years old
The Rental Market in Augusta
- Renters make up 39.1% of the Augusta population
- 5.1% of houses and apartments in Augusta, 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.