The housing market in Bloomingdale, GA is thriving. The median value of homes in the area is $241,500, making it significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate for homes in Bloomingdale is 16.21%, which is more than double the US average of 8.27%. This indicates that investments in real estate in Bloomingdale are likely to be profitable over time and can provide an excellent opportunity for those looking to purchase a home there.
The median home cost in Bloomingdale is $241,500. Home appreciation the last 10 years has been 88.2%. Home Appreciation in Bloomingdale is up 21.2%.
Average Age of Homes
- The median age of Bloomingdale real estate is 34 years old
The Rental Market in Bloomingdale
- Renters make up 32.9% of the Bloomingdale population
- 0.0% of houses and apartments in Bloomingdale, 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.