The housing market in Berlin, GA is a strong one with the median value of homes currently sitting at $85,900. This is significantly lower than the US median value of $338,100 which shows that people in this area are able to purchase homes for a much cheaper price. Additionally, the 1 year house appreciation rate in Berlin, GA is 12.86%, far higher than the 8.27% national average. This shows that investing in real estate in Berlin, GA can potentially be very profitable. With such a low median value and high appreciation rate, it's no wonder why many people are choosing to buy or invest in homes in this area.
The median home cost in Berlin is $85,900. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Berlin is up 18.0%.
Average Age of Homes
- The median age of Berlin real estate is 41 years old
The Rental Market in Berlin
- Renters make up 24.3% of the Berlin population
- 0.0% of houses and apartments in Berlin, 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.