Mountain City, GA has a median housing value of $115,000, which is significantly lower than the US median housing value of $338,100. The house appreciation in Mountain City over the past year has been 17.32%, which is much higher than the US appreciation rate of 8.27%. This indicates that Mountain City is a great place to invest in real estate as it is seeing an increase in home values despite the average being lower than the national median.
The median home cost in Mountain City is $115,000. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Mountain City is up 22.4%.
Average Age of Homes
- The median age of Mountain City real estate is 32 years old
The Rental Market in Mountain City
- Renters make up 18.0% of the Mountain City population
- 3.1% of houses and apartments in Mountain City, 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.