Living in Commerce, GA
Commerce, GA, offers a perfect blend of small-town charm and convenient access to major highways. With its rich history, family-friendly atmosphere, and ample recreational opportunities, it's an ideal location for families and individuals alike. The local community is supportive, and residents enjoy an array of amenities and activities.
Current Market Conditions in Commerce, GA
In recent months, the real estate market in Commerce, GA, has shown strong demand due to an influx of new residents drawn by its affordable housing options and excellent school district. Homes are selling fast, with many listings receiving multiple offers. The trend of remote work has also contributed to the increasing interest in Commerce, as more buyers are looking for space and value.
As the market continues to thrive, buyers and sellers alike should keep an eye on interest rates and housing inventory as they can significantly impact prices and market dynamics. It's anticipated that the demand will remain steady, especially for family-sized homes, as more people seek affordable living outside larger urban centers.
Home Value Estimator For Commerce, GA
There are currently 6,302 real estate properties
in Commerce, GA,
with a median automated valuation model (AVM) price
of $277,348.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Commerce, 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 Commerce, GA,
is $326,498.00, with the most expensive house
in Commerce, GA, topping out
at $33,646,600.00 and the cheapest home
in Commerce, GA,
clocking in at $10,580.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Commerce, GA!
Rent Prices
In Commerce, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Commerce, GA, is on
a rollercoaster ride. The
average rent price in Commerce, GA,
is $1,068.00. Indeed, when looking to rent in
Commerce, GA, you can expect to pay as little
as $500.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Commerce, 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.
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