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Preforeclosure Homes in Gainesville, GA 30506

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Living in Gainesville, GA

Gainesville, GA is a scenic city situated on the shores of Lake Lanier, known for its community spirit and outdoor recreation. The area features charming shops, diverse dining, and quality education options. Its proximity to Atlanta offers both tranquility and convenience.

Current Market Conditions in Gainesville, GA

The real estate market in Gainesville, GA has shown steady growth, with an increase in demand for single-family homes, particularly those near the lake. This trend has been driven by both local residents seeking a quality lifestyle and new buyers attracted to the area for its amenities and natural beauty.

Homes priced competitively are seeing quick sales, with many properties receiving multiple offers. Investors are increasingly looking at Gainesville for rental opportunities, as the rental market remains strong due to the influx of young professionals and families drawn to the area.

Home Value Estimator For Gainesville, GA

There are currently 39,648 real estate properties in Gainesville, GA, with a median automated valuation model (AVM) price of $345,010.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gainesville, 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 Gainesville, GA, is $434,539.00, with the most expensive house in Gainesville, GA, topping out at $15,171,300.00 and the cheapest home in Gainesville, GA, clocking in at $10,570.00. In other words, there’s something for every potential homebuyer or savvy investor in Gainesville, GA!

Rent Prices In Gainesville, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gainesville, GA, is on a rollercoaster ride. The average rent price in Gainesville, GA, is $1,346.00. Indeed, when looking to rent in Gainesville, GA, you can expect to pay as little as $520.00 or as much as $3,880.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Gainesville, 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.

Gainesville, GA 30506 Preforeclosure Homes


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