The housing market in Smithville, GA is a great investment opportunity for potential homeowners. The median value of houses in the Smithville area is $129,700 which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Smithville is 12.86%, which is higher than the national average appreciation rate of 8.27%. This trend suggests that housing prices in Smithville are growing faster than those in other parts of the country and could indicate a good return on investment for any potential homeowner.
The median home cost in Smithville is $129,700. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Smithville is up 18.0%.
Average Age of Homes
- The median age of Smithville real estate is 44 years old
The Rental Market in Smithville
- Renters make up 21.2% of the Smithville population
- 2.2% of houses and apartments in Smithville, 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.