East Ellijay, GA is a great place to invest in housing. The median value of homes is $161,300, which is significantly lower than the national median of $338,100. Additionally, the recent 1 year house appreciation rate is 17.32%, much higher than the US average of 8.27%. Therefore, investing in housing in East Ellijay can be a lucrative investment and may yield higher returns than other investments alternatives.
The median home cost in East Ellijay is $161,300. Home appreciation the last 10 years has been 140.7%. Home Appreciation in East Ellijay is up 22.4%.
Average Age of Homes
- The median age of East Ellijay real estate is 28 years old
The Rental Market in East Ellijay
- Renters make up 49.6% of the East Ellijay population
- 0.0% of houses and apartments in East Ellijay, 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.