Fairmount, GA is a great place to buy a home. The median value of housing in Fairmount is $257,400, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate for Fairmount is 19.22%, which is much higher than the national rate of 8.27%. This shows that homes in Fairmount are increasing in value faster than the rest of the country making it an ideal place to invest in a home.
The median home cost in Fairmount is $257,400. Home appreciation the last 10 years has been 174.6%. Home Appreciation in Fairmount is up 25.8%.
Average Age of Homes
- The median age of Fairmount real estate is 46 years old
The Rental Market in Fairmount
- Renters make up 40.2% of the Fairmount population
- 5.3% of houses and apartments in Fairmount, 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.