Ellenwood, GA Foreclosures
How much do homes sell for in Ellenwood, GA?
The average home price is currently $293,224.
In Ellenwood, GA, how many homes are available?
There are currently 196 active home listings available in Ellenwood.
What’s the average rental cost in Ellenwood, GA?
The average rental price in Ellenwood is $1,581.
What is the most expensive home in Ellenwood?
The most expensive home sold in Ellenwood had a price of $2,009,267.
What is currently the cheapest priced home in Ellenwood, GA?
The cheapest home for sale in Ellenwood is priced at $10,134.
Living in Ellenwood, GA
Ellenwood, Georgia is a thriving suburban community located near Atlanta. The area boasts convenient access to city amenities while maintaining a quieter, neighborhood feel. With favorable schools, parks, and a variety of local businesses, Ellenwood is an excellent choice for families and professionals looking for a peaceful yet connected lifestyle.
Current Market Conditions in Ellenwood, GA
The real estate market in Ellenwood has shown positive growth in recent months, driven by increasing demand for homes in the area. The community's proximity to Atlanta makes it a strategic choice for commuters, and this has spurred interest among homebuyers. Rates remain competitive, and new developments are emerging, reflecting the area’s increasing popularity.
In the past year, Ellenwood has experienced a steady appreciation in home values, as more people seek affordable housing options near the thriving Atlanta metropolitan area. The market is favorable for sellers, with homes often receiving multiple offers, which indicates strong buyer interest and a healthy real estate environment.
Home Value Estimator For Ellenwood, GA
There are currently 14,838 real estate properties
in Ellenwood, GA,
with a median automated valuation model (AVM) price
of $283,061.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ellenwood, GA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ellenwood, GA,
is $293,224.00, with the most expensive house
in Ellenwood, GA, topping out
at $2,009,267.00 and the cheapest home
in Ellenwood, GA,
clocking in at $10,134.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ellenwood, GA!
Rent Prices
In Ellenwood, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ellenwood, GA, is on
a rollercoaster ride. The
average rent price in Ellenwood, GA,
is $1,581.00. Indeed, when looking to rent in
Ellenwood, GA, you can expect to pay as little
as $770.00 or as much
as $4,660.00,
with the average rent median estimated to
be $1,570.00. The good news is that finding
an affordable and desirable property to rent in Ellenwood, GA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
