Cornelia, GA Foreclosures
How much do homes sell for in Cornelia, GA?
The average home price is currently $322,939.
In Cornelia, GA, how many homes are available?
There are currently 1 active home listings available in Cornelia.
What’s the average rental cost in Cornelia, GA?
The average rental price in Cornelia is $1,058.
What is the most expensive home in Cornelia?
The most expensive home sold in Cornelia had a price of $7,320,258.
What is currently the cheapest priced home in Cornelia, GA?
The cheapest home for sale in Cornelia is priced at $13,162.
Living in Cornelia, GA
Cornelia, Georgia, is a charming small town located in Northeast Georgia, known for its scenic beauty and friendly community. The town offers a variety of local amenities, beautiful parks, and access to outdoor activities, making it an attractive destination for families and retirees alike. With its rich history and vibrant local culture, Cornelia provides a unique blend of rural charm and modern convenience.
Current Market Conditions in Cornelia, GA
The real estate market in Cornelia, GA, has remained robust over the past year, exhibiting steady growth in home values and a healthy demand for properties. The appeal of Cornelia's scenic surroundings, coupled with its affordable housing options compared to larger metropolitan areas, has attracted many new buyers. Investors are also looking at this market due to its potential for rental income and long-term appreciation.
In the past month, the Cornelia housing market has shown signs of increased activity, with more listings coming onto the market and a rise in the average days on the market for homes. The current trend indicates a more balanced market, which is beneficial for both buyers and sellers. Recent developments in the area, including improved amenities and infrastructure, continue to drive interest and investment.
Home Value Estimator For Cornelia, GA
There are currently 3,968 real estate properties
in Cornelia, GA,
with a median automated valuation model (AVM) price
of $277,741.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cornelia, 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 Cornelia, GA,
is $322,939.00, with the most expensive house
in Cornelia, GA, topping out
at $7,320,258.00 and the cheapest home
in Cornelia, GA,
clocking in at $13,162.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cornelia, GA!
Rent Prices
In Cornelia, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cornelia, GA, is on
a rollercoaster ride. The
average rent price in Cornelia, GA,
is $1,058.00. Indeed, when looking to rent in
Cornelia, GA, you can expect to pay as little
as $520.00 or as much
as $2,420.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Cornelia, 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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