The housing market in the Statesboro, GA Metro Area has been performing well with respect to median value and appreciation rate. The median value for homes in this area currently stands at $217,600, which is roughly 65% of the national median value of $338,100. Additionally, the one-year house appreciation rate for this region is 15.43%, compared to the 8.27% appreciation rate across the US as a whole. This data indicates that Statesboro is experiencing strong growth in its housing market and could be a good opportunity for potential home buyers or investors looking to enter the real estate market.
The median home cost in Statesboro Metro Area is $217,600. Home appreciation the last 10 years has been 96.9%. Home Appreciation in Statesboro Metro Area is up 21.0%.
Average Age of Homes
- The median age of Statesboro Metro Area real estate is 26 years old
The Rental Market in Statesboro Metro Area
- Renters make up 43.7% of the Statesboro Metro Area population
- 3.0% of houses and apartments in Statesboro 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.