Douglasville, GA

Population: 31,890
Average annual home appreciation rate: 8.23%
Total of homes for sale in this market: 760
Median home price: $159,762
Median Rent: $886 per room
Home price range: 46.89% of homes are between $100,001 – $200,000
Median sales price: $110,000
Number of homes: 716
Median foreclosure sales price: $85,000
Foreclosure discount: 23%
Most common home type: 52.14% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 14.50%
Number of renters: 46.52%
Number of owner occupied: 53.48%
Number people living below poverty level: 17.10%
Unemployment rate: 7.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Douglasville 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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