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Foreclosures in Demorest, GA

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Living in Demorest, GA

Demorest, GA, is a picturesque town that offers a unique blend of rural charm and community spirit. Residents enjoy a close-knit environment with access to great schools, parks, and various outdoor activities. The town's historic downtown adds to its appeal, making it an attractive place for families and retirees alike.

Current Market Conditions in Demorest, GA

The real estate market in Demorest is currently experiencing steady growth, with increasing demand for single-family homes, particularly among first-time buyers and retirees. Property values have been appreciating due to the desirable lifestyle and affordable pricing compared to larger cities nearby.

Investors in Demorest are benefiting from a relatively low cost of living and favorable rental yields, making it an attractive area for real estate investment. With plans for community developments on the horizon, continued growth is anticipated in both residential and commercial sectors.

Home Value Estimator For Demorest, GA

There are currently 2,953 real estate properties in Demorest, GA, with a median automated valuation model (AVM) price of $284,657.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Demorest, 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 Demorest, GA, is $317,186.00, with the most expensive house in Demorest, GA, topping out at $5,574,579.00 and the cheapest home in Demorest, GA, clocking in at $12,123.00. In other words, there’s something for every potential homebuyer or savvy investor in Demorest, GA!

Rent Prices In Demorest, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Demorest, GA, is on a rollercoaster ride. The average rent price in Demorest, GA, is $987.00. Indeed, when looking to rent in Demorest, GA, you can expect to pay as little as $480.00 or as much as $2,020.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Demorest, 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.

Demorest, GA Foreclosures


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