LaGrange, GA

Population: 30,452
Average annual home appreciation rate: 6.40%
Total of homes for sale in this market: 429
Median home price: $107,597
Median Rent: $498 per room
Home price range: 35.10% of homes are between $90,001 – $179,000
Median sales price: $115,950
Number of homes: 54
Median foreclosure sales price: $63,375
Foreclosure discount: 45%
Most common home type: 63.30% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.69%
Number of renters: 53.57%
Number of owner occupied: 46.43%
Number people living below poverty level: 31.40%
Unemployment rate: 7.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the LaGrange 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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