Cornelia Metro Area, GA Housing

The housing market in the Cornelia, GA Metro Area is thriving. According to recent estimates, the median value of a home in this area is $251,100 – significantly lower than the US house median value of $338,100. However, while houses across the US have seen an appreciation of 8.27% over the last year, homes in Cornelia have appreciated 17.32% – nearly double the national rate. This makes it an ideal place for potential buyers to invest their money and take advantage of a booming housing market.

The median home cost in Cornelia Metro Area is $251,100. Home appreciation the last 10 years has been 140.7%. Home Appreciation in Cornelia Metro Area is up 22.4%.

Average Age of Homes

- The median age of Cornelia Metro Area real estate is 28 years old

The Rental Market in Cornelia Metro Area

- Renters make up 19.7% of the Cornelia Metro Area population
- 1.1% of houses and apartments in Cornelia 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cornelia, Georgia	United States
	18,279.0	139,647,020.0
	30	42
	$251,100	$338,100
	22.4%	16.6%
	81.2%	57.0%
	140.7%	101.1%
	$7.22	$10.98
	$1,157	$2,690
	64.4%	57.4%
	17.3%	11.2%
	18.4%	31.4%
Vacant Housing
	1.1%	1.9%
	0.1%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	6.3%	3.6%
	8.6%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	4.5%	2.4%
	5.2%	2.8%
	4.7%	3.9%
	5.9%	4.5%
	20.8%	11.3%
	21.3%	13.0%
	19.1%	20.1%
	6.4%	13.6%
	3.8%	8.3%
	2.8%	9.7%
	1.7%	3.9%
	0.7%	2.2%
	0.4%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	24.6%	13.6%
	24.6%	13.6%
	25.5%	13.6%
	16.6%	13.2%
	11.9%	14.8%
	25.5%	13.6%
	4.9%	10.0%
	2.3%	4.7%
	2.9%	12.2%

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