Norman Park, GA is a great place to live with a relatively low cost of living. The median value of homes in Norman Park is $89,400, which is much lower than the US median value of $338,100. Despite the lower home values, house appreciation in Norman Park has been on the rise over the past year at 12.86%, higher than the US rate of 8.27%. This makes it an attractive option for potential homeowners and investors looking for an affordable housing market with good appreciation opportunities.
The median home cost in Norman Park is $89,400. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Norman Park is up 18.0%.
Average Age of Homes
- The median age of Norman Park real estate is 33 years old
The Rental Market in Norman Park
- Renters make up 40.0% of the Norman Park population
- 0.0% of houses and apartments in Norman Park, 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.