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Rent To Own Homes in Lithonia, GA

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Living in Lithonia, GA

Lithonia, GA is a suburban city located in DeKalb County, known for its close-knit community and accessibility to Atlanta. With a blend of parks, schools, and a vibrant local culture, Lithonia is an attractive place for families and professionals seeking a balanced lifestyle. Its rich history and diversity give it a unique charm that residents cherish.

Current Market Conditions in Lithonia, GA

The Lithonia real estate market is currently showing promising growth trends. Home prices have seen a steady increase, driven by the rising demand for affordable housing in the Atlanta metropolitan area. As more individuals seek residences outside of the bustling city, Lithonia's appeal continues to grow, making it a hotspot for real estate investment.

Rent prices in Lithonia have also risen, indicating a competitive rental market. Investors are increasingly looking to Lithonia as an alternative for long-term rental properties due to its affordability compared to neighboring cities.

Home Value Estimator For Lithonia, GA

There are currently 32,544 real estate properties in Lithonia, GA, with a median automated valuation model (AVM) price of $261,453.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lithonia, 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 Lithonia, GA, is $276,509.00, with the most expensive house in Lithonia, GA, topping out at $13,238,200.00 and the cheapest home in Lithonia, GA, clocking in at $10,103.00. In other words, there’s something for every potential homebuyer or savvy investor in Lithonia, GA!

Rent Prices In Lithonia, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lithonia, GA, is on a rollercoaster ride. The average rent price in Lithonia, GA, is $1,294.00. Indeed, when looking to rent in Lithonia, GA, you can expect to pay as little as $700.00 or as much as $3,880.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Lithonia, 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.

Lithonia, GA Rent To Own Homes

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