Elko, GA Foreclosures
How much do homes sell for in Elko, GA?
The average home price is currently $355,103.
In Elko, GA, how many homes are available?
There are currently 1 active home listings available in Elko.
What’s the average rental cost in Elko, GA?
The average rental price in Elko is $1,191.
What is the most expensive home in Elko?
The most expensive home sold in Elko had a price of $3,974,371.
What is currently the cheapest priced home in Elko, GA?
The cheapest home for sale in Elko is priced at $24,334.
Living in Elko, GA
Elko, GA is a quaint, rural community offering a blend of peaceful living and access to urban amenities. With a myriad of outdoor activities and strong local schools, Elko is ideal for families looking for a tight-knit community atmosphere.
Current Market Conditions in Elko, GA
The real estate market in Elko, GA, has shown steady growth over the past few years, characterized by a modest increase in home values and more families moving to the area seeking affordable housing options. The demand for homes has remained consistent, thanks to its proximity to larger cities offering job opportunities.
As of late 2023, Elko's housing market is considered balanced, with a variety of homes available for purchase, ranging from affordable single-family homes to more expensive properties. Investors are showing interest in the area, anticipating future growth due to planned infrastructure improvements.
Home Value Estimator For Elko, GA
There are currently 932 real estate properties
in Elko, GA,
with a median automated valuation model (AVM) price
of $217,774.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elko, 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 Elko, GA,
is $355,103.00, with the most expensive house
in Elko, GA, topping out
at $3,974,371.00 and the cheapest home
in Elko, GA,
clocking in at $24,334.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elko, GA!
Rent Prices
In Elko, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elko, GA, is on
a rollercoaster ride. The
average rent price in Elko, GA,
is $1,191.00. Indeed, when looking to rent in
Elko, GA, you can expect to pay as little
as $590.00 or as much
as $2,730.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Elko, 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.
Learn more on Foreclosure homes
