The housing market in Augusta-Richmond County, GA Metro Area is booming. The median value of homes in the area is $204,100, which is substantially lower than the US median value of $338,100. In the last year, house appreciation in the metro area has been 16.11%, more than double the US rate of 8.27%. This strong appreciation indicates that interest in buying and investing in this area is high and that it could be a great opportunity for potential homeowners or investors to take advantage of right now.
The median home cost in Augusta-Richmond County Metro Area is $204,100. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Augusta-Richmond County Metro Area is up 19.4%.
Average Age of Homes
- The median age of Augusta-Richmond County Metro Area real estate is 32 years old
The Rental Market in Augusta-Richmond County Metro Area
- Renters make up 27.6% of the Augusta-Richmond County Metro Area population
- 2.9% of houses and apartments in Augusta-Richmond County Metro Area, 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.