Roswell (Alpharetta), GA

Population: 94,089
Average annual home appreciation rate: 18.84%
Total of homes for sale in this market: 277
Median home price: $341,852
Median Rent: $1,151 per room
Home price range: 33.63% of homes are between $236,001 – $354,000
Median sales price: $299,200
Number of homes: 94
Median foreclosure sales price: $230,000
Foreclosure discount: 23%
Most common home type: 61.06% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.12%
Number of renters: 31.92%
Number of owner occupied: 68.08%
Number people living below poverty level: 9.02%
Unemployment rate: 4.40%
Is this area perfect for real estate deals going on right now? Roswell has some great things happening that make it appealing to savvy real estate investors. Let’s point out a few…. 1. Great track record for positive home appreciation. 2. Higher rental rates 3. Great discounts on “troubled” properties (23%) The right property at the right time in this market could lead to a great return on investment for the smart investor.

Leave a Reply

Your email address will not be published. Required fields are marked *