The housing market in 31316 Ludowici, GA has seen significant growth over the past year. The median value of housing in the area is currently $244,100, significantly lower than the US house median value of $338,100. However, the one year appreciation for housing in the 31316 Ludowici area is 16.21%, which is more than double the one year appreciation rate of 8.27% nationally. This demonstrates that investment into property in 31316 Ludowici can yield a large return on investment and makes it an attractive option for potential investors and homebuyers alike.
The median home cost in Ludowici (zip 31316) is $244,100. Home appreciation the last 10 years has been 88.2%. Home Appreciation in Ludowici (zip 31316) is up 21.2%.
Average Age of Homes
- The median age of Ludowici (zip 31316) real estate is 20 years old
The Rental Market in Ludowici (zip 31316)
- Renters make up 26.1% of the Ludowici (zip 31316) population
- 0.7% of houses and apartments in Ludowici (zip 31316), 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.