Foreclosure Homes in Buford, GA 30518

Current Market Conditions in Buford, GA

The real estate market in Buford has shown a steady increase in home values over the past year, attributed to its appeal for families and proximity to Lake Lanier. Demand remains high as buyers seek quality homes in a reputable school district and an active community.

Currently, the market is characterized by relatively low inventory levels, leading to increased competition among buyers. The average home sales price has seen a notable rise, indicating a trend toward higher property valuations. Real estate agents report that homes are selling quickly, often within days of being listed.

Rent Prices In Buford, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Buford, GA, is on a rollercoaster ride. The average rent price in Buford, GA, is $1,635.00. Indeed, when looking to rent in Buford, GA, you can expect to pay as little as $600.00 or as much as $4,360.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Buford, 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.