Foreclosure Homes in Berkeley Lake, GA 30096

Current Market Conditions in Berkeley Lake, GA

The real estate market in Berkeley Lake is currently marked by steady demand, with a balanced supply and a growing interest among homebuyers looking for properties near tranquil settings. Homes in this area tend to appreciate over time due to the area's desirable lifestyle and location, making it an attractive investment for potential buyers.

As of late 2023, the market in Berkeley Lake has seen a slight increase in home prices due to the limited inventory of available homes. This trend reflects a broader market shift as more buyers seek out suburban communities that offer an escape from the hustle and bustle of urban life.

Rent Prices In Berkeley Lake, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Berkeley Lake, GA, is on a rollercoaster ride. The average rent price in Berkeley Lake, GA, is $2,170.00. Indeed, when looking to rent in Berkeley Lake, GA, you can expect to pay as little as $850.00 or as much as $3,880.00, with the average rent median estimated to be $2,090.00. The good news is that finding an affordable and desirable property to rent in Berkeley Lake, 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.