Cartersville, GA

Population: 20,001
Average annual home appreciation rate: 7.67%
Total of homes for sale in this market: 292
Median home price: $161,106
Median Rent: $993 per room
Home price range: 44.65% of homes are between $114,001 – $228,000
Median sales price: $114,000
Number of homes: 147
Median foreclosure sales price: $89,900
Foreclosure discount: 21%
Most common home type: 66.22% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 17.01%
Number of renters: 53.30%
Number of owner occupied: 46.70%
Number people living below poverty level: 16.80%
Unemployment rate: 6.10%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Cartersville area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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