The housing in Bainbridge, GA Metro Area is relatively affordable compared to the national average. The median value of homes in the area is $137,500 which is much lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation in the area is quite high at 16.59%, significantly higher than the national appreciation rate of 8.27%. This suggests that investing in housing in the Bainbridge Metro Area could be a wise financial decision.
The median home cost in Bainbridge Metro Area is $137,500. Home appreciation the last 10 years has been 96.9%. Home Appreciation in Bainbridge Metro Area is up 21.0%.
Average Age of Homes
- The median age of Bainbridge Metro Area real estate is 34 years old
The Rental Market in Bainbridge Metro Area
- Renters make up 31.7% of the Bainbridge Metro Area population
- 1.6% of houses and apartments in Bainbridge 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.