The housing market in 31637 Lenox, GA is currently thriving. The median value for a house in this area is $119,500, which is significantly lower than the US median of $338,100. This makes the area very attractive to potential home buyers. In addition, the one-year appreciation rate for houses in 31637 Lenox, GA is 19.62%, much higher than the national average of 8.27%. This indicates that real estate investments in this area have increased significantly over the past year and are likely to continue into the future. All these factors suggest that buying a home in 31637 Lenox, GA is an excellent investment with great potential for growth.
The median home cost in Lenox (zip 31637) is $119,500. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Lenox (zip 31637) is up 14.1%.
Average Age of Homes
- The median age of Lenox (zip 31637) real estate is 32 years old
The Rental Market in Lenox (zip 31637)
- Renters make up 19.3% of the Lenox (zip 31637) population
- 2.4% of houses and apartments in Lenox (zip 31637), 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.