Cumming, GA is a desirable place to live due to its high housing median value of $517,600. This is substantially higher than the US median housing value of 338,100. Additionally, the 1 year appreciation rate for housing in Cumming is 16.59%, significantly higher than the national average of 8.27%. This reflects the desirability and market demand of housing in Cumming as an attractive place to live.
The median home cost in Cumming is $517,600. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Cumming is up 23.0%.
Average Age of Homes
- The median age of Cumming real estate is 24 years old
The Rental Market in Cumming
- Renters make up 50.2% of the Cumming population
- 0.8% of houses and apartments in Cumming, 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.