The housing market in Milledgeville, GA is booming right now. The median value of a home in the city is $173,800 which is significantly lower than the US house median value of $338,100. This makes Milledgeville an attractive option for people looking to buy a home on a budget. Additionally, the one year house appreciation rate in Milledgeville is 15.27%, which is higher than the US appreciation rate of 8.27%. This means that even if you buy on a budget, you can expect to see strong returns from your investment over time.
The median home cost in Milledgeville is $173,800. Home appreciation the last 10 years has been 72.9%. Home Appreciation in Milledgeville is up 20.0%.
Average Age of Homes
- The median age of Milledgeville real estate is 38 years old
The Rental Market in Milledgeville
- Renters make up 52.0% of the Milledgeville population
- 8.5% of houses and apartments in Milledgeville, 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.