Living in Lumber City, GA
Lumber City, a small town in Georgia, combines a rich history with a tight-knit community. With its serene rural landscape and historical charm, this town offers a unique blend of Southern hospitality and modern conveniences. Residents enjoy access to local parks, community events, and a welcoming atmosphere that makes it an ideal place for families and individuals alike.
Current Market Conditions in Lumber City, GA
The real estate market in Lumber City is currently showing signs of stability, with a gradual increase in property values due to its appeal as an affordable living option within a serene environment. The demand for homes has been consistent, especially among first-time buyers and those seeking a retreat from urban settings. As families look for homes with larger properties for gardening or recreational use, Lumber City is gaining popularity.
Over the past year, Lumber City has experienced a modest increase in home sales, with several listings attracting attention due to their competitive pricing and the area's low cost of living. This trend indicates a growing interest in small-town living, which emphasizes the charm and community feel that Lumber City has to offer. New developments may be on the horizon, suggesting further opportunities for growth in the housing market.
Home Value Estimator For Lumber City, GA
There are currently 608 real estate properties
in Lumber City, GA,
with a median automated valuation model (AVM) price
of $108,330.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lumber City, 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 Lumber City, GA,
is $144,470.00, with the most expensive house
in Lumber City, GA, topping out
at $1,617,972.00 and the cheapest home
in Lumber City, GA,
clocking in at $3,773.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lumber City, GA!
Rent Prices
In Lumber City, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lumber City, GA, is on
a rollercoaster ride. The
average rent price in Lumber City, GA,
is $815.00. Indeed, when looking to rent in
Lumber City, GA, you can expect to pay as little
as $410.00 or as much
as $1,780.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Lumber City, 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
