Molena, GA is a great place to live with its low median value for housing. The median value for housing in the area is $263,400, which is significantly lower than the US median value of $338,100. Additionally, the one-year house appreciation rate in Molena, GA was much higher than that of the US at 19.85%, compared to 8.27%. This makes Molena an attractive location for those looking for an affordable home without sacrificing appreciation and potential return on investment.
The median home cost in Molena is $263,400. Home appreciation the last 10 years has been 148.3%. Home Appreciation in Molena is up 26.5%.
Average Age of Homes
- The median age of Molena real estate is 39 years old
The Rental Market in Molena
- Renters make up 29.1% of the Molena population
- 1.5% of houses and apartments in Molena, 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.