Lone Oak, GA is a great place to invest in real estate due to the high appreciation rate of 19.85%. The median value of homes in Lone Oak is significantly lower than the US median value at $155,400, making it an attractive option for buyers looking for a bargain. Despite the lower median value compared to the US, Lone Oak homes still appreciate at a much higher rate than the US average of 8.27%. This makes it an ideal choice for potential buyers and investors alike as they can reap good returns on their investment in a relatively short amount of time.
The median home cost in Lone Oak is $155,400. Home appreciation the last 10 years has been 148.3%. Home Appreciation in Lone Oak is up 26.5%.
Average Age of Homes
- The median age of Lone Oak real estate is 68 years old
The Rental Market in Lone Oak
- Renters make up 46.6% of the Lone Oak population
- 2.0% of houses and apartments in Lone Oak, 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.