Housing in Lithonia, GA is quite impressive compared to the national average. The median housing value in Lithonia is $261,200, which is significantly less than the US median of $338,100. However, what makes housing in Lithonia so attractive is that it has seen an appreciation rate of 16.59%, more than double the US 1 year House Appreciation rate of 8.27%. This means that those who purchase a house in Lithonia are likely to get a great return on their investment over time.
The median home cost in Lithonia is $261,200. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Lithonia is up 23.0%.
Average Age of Homes
- The median age of Lithonia real estate is 49 years old
The Rental Market in Lithonia
- Renters make up 53.2% of the Lithonia population
- 10.6% of houses and apartments in Lithonia, 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.