The housing market in 31324 Richmond Hill, GA is proving to be a lucrative investment with a median value of $371,200 and an appreciation rate of 16.21% in the past year. This is significantly higher than the US House median value of $338,100 and the US 1 year House Appreciation rate of 8.27%. Investing in housing in this area will likely yield a great return on investment for those looking to buy or rent property.
The median home cost in Richmond Hill (zip 31324) is $371,200. Home appreciation the last 10 years has been 88.2%. Home Appreciation in Richmond Hill (zip 31324) is up 21.2%.
Average Age of Homes
- The median age of Richmond Hill (zip 31324) real estate is 19 years old
The Rental Market in Richmond Hill (zip 31324)
- Renters make up 28.0% of the Richmond Hill (zip 31324) population
- 3.3% of houses and apartments in Richmond Hill (zip 31324), 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.