Housing in Lithia Springs, GA is a great investment for potential buyers and homeowners. The median value for housing in the area is $266,700, which is much lower than the US median of $338,100. In addition to the comparatively low price of housing in Lithia Springs, GA the 1 year appreciation rate is 19.25% compared to the US 1 year appreciation rate of 8.27%. This means that not only can buyers purchase homes at a lower cost, but they will also see an increase in their home's value over time due to the high appreciation rate.
The median home cost in Lithia Springs is $266,700. Home appreciation the last 10 years has been 175.0%. Home Appreciation in Lithia Springs is up 25.8%.
Average Age of Homes
- The median age of Lithia Springs real estate is 34 years old
The Rental Market in Lithia Springs
- Renters make up 43.6% of the Lithia Springs population
- 3.9% of houses and apartments in Lithia Springs, 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.