Living in Duluth, GA
Duluth, GA is a thriving city that offers a perfect balance of suburban warmth and urban convenience. With excellent schools, beautiful parks, and a bustling downtown area, it attracts families and professionals alike. Enjoy a variety of dining and entertainment options while being just a short drive from the major attractions of Atlanta.
Current Market Conditions in Duluth, GA
The Duluth real estate market is currently robust, with steady demand driven by families and individuals seeking a desirable living environment. Home prices have experienced a steady increase, reflecting the area’s growth and popularity among home buyers.
There is a diverse range of homes available, from cozy bungalows to larger family homes, catering to different budgets and preferences. The market is characterized by competitive bidding in desirable neighborhoods, leading to quicker sales and minimal inventory.
Investor interest in Duluth is also on the rise due to its proximity to Atlanta, growing job opportunities, and excellent public schools, making it an attractive option for both individual buyers and investors.
Home Value Estimator For Duluth, GA
There are currently 26,427 real estate properties
in Duluth, GA,
with a median automated valuation model (AVM) price
of $499,307.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Duluth, 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 Duluth, GA,
is $721,468.00, with the most expensive house
in Duluth, GA, topping out
at $185,250,640.00 and the cheapest home
in Duluth, GA,
clocking in at $16,937.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Duluth, GA!
Rent Prices
In Duluth, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Duluth, GA, is on
a rollercoaster ride. The
average rent price in Duluth, GA,
is $1,925.00. Indeed, when looking to rent in
Duluth, GA, you can expect to pay as little
as $680.00 or as much
as $4,360.00,
with the average rent median estimated to
be $1,650.00. The good news is that finding
an affordable and desirable property to rent in Duluth, 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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