Summertown, GA is an attractive area for those looking for a home. The housing median value in the area is $87,800, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in Summertown is 15.43%, which is higher than the US 1 year house appreciation rate of 8.27%. This makes it an ideal location for potential buyers and investors because they can get more bang for their buck and benefit from higher returns on investments.
The median home cost in Summertown is $87,800. Home appreciation the last 10 years has been 96.9%. Home Appreciation in Summertown is up 21.0%.
Average Age of Homes
- The median age of Summertown real estate is 46 years old
The Rental Market in Summertown
- Renters make up 15.6% of the Summertown population
- 2.7% of houses and apartments in Summertown, 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.