The housing market in 30253 Mcdonough, GA is booming. The median value of a house in this area currently stands at $334,500, which is slightly lower than the US median of $338,100. Despite the slight difference in value, the appreciation rate for houses in 30253 Mcdonough is much higher than that of the US average. Over the last year, houses have appreciated by 19.85% compared to 8.27% nation wide. Clearly this area is experiencing something of a real estate boom and now could be a great time to invest in property here!
The median home cost in Mcdonough (zip 30253) is $334,500. Home appreciation the last 10 years has been 148.3%. Home Appreciation in Mcdonough (zip 30253) is up 26.5%.
Average Age of Homes
- The median age of Mcdonough (zip 30253) real estate is 17 years old
The Rental Market in Mcdonough (zip 30253)
- Renters make up 35.4% of the Mcdonough (zip 30253) population
- 2.0% of houses and apartments in Mcdonough (zip 30253), 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.