Gainesville, GA

Population: 34,422
Average annual home appreciation rate: 3.50%
Total of homes for sale in this market:
Median home price: $134,741
Median Rent: $618 per room
Home price range: 51.70% of homes are between $80,001 – $160,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 45.65% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.45%
Number of renters: 63.95%
Number of owner occupied: 36.05%
Number people living below poverty level: 23.48%
Unemployment rate: 9.1%
Is this area perfect for real estate deals going on right now? Gainesville has been ‘down’ for quite some time… market data is showing that the market could be making its long promised return… An investor who is in front of the ‘wave’ of a return could really be set well to get a great return on investment.

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