Lula, GA is a great place to buy a house due to its low median value and high appreciation rate. The median housing value in Lula is $286,200, which is significantly lower than the US house median value of $338,100. Additionally, the US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate for houses in Lula is 17.32%. This suggests that buying a home in Lula would be an excellent investment opportunity as it has strong potential for appreciation over time.
The median home cost in Lula is $286,200. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Lula is up 22.4%.
Average Age of Homes
- The median age of Lula real estate is 22 years old
The Rental Market in Lula
- Renters make up 21.8% of the Lula population
- 0.0% of houses and apartments in Lula, 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.