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Foreclosure Auction Homes in Ellenwood, GA

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Living in Ellenwood, GA

Ellenwood, GA, is a vibrant suburban community within the Atlanta metro area, combining a peaceful atmosphere with easy access to urban conveniences. The area offers plenty of outdoor activities, an excellent school district, and a strong sense of community among residents. This makes it an attractive option for families and young professionals alike.

Current Market Conditions in Ellenwood, GA

The real estate market in Ellenwood is currently experiencing a favorable trend for buyers, as inventory levels have increased slightly while prices remain stable. This presents a unique opportunity for investors looking to acquire properties in a developing area that is expected to appreciate over time.

Interest from homebuyers and investors alike is on the rise, especially due to Ellenwood's affordability compared to surrounding Atlanta neighborhoods. With the population steadily growing and a strong demand for housing, it is an opportune time for investment in this suburb.

Home Value Estimator For Ellenwood, GA

There are currently 14,834 real estate properties in Ellenwood, GA, with a median automated valuation model (AVM) price of $288,333.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellenwood, 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 Ellenwood, GA, is $299,323.00, with the most expensive house in Ellenwood, GA, topping out at $2,059,836.00 and the cheapest home in Ellenwood, GA, clocking in at $10,243.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellenwood, GA!

Rent Prices In Ellenwood, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellenwood, GA, is on a rollercoaster ride. The average rent price in Ellenwood, GA, is $1,581.00. Indeed, when looking to rent in Ellenwood, GA, you can expect to pay as little as $770.00 or as much as $4,660.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Ellenwood, 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.

Ellenwood, GA Foreclosure Auction Homes


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