There are currently 2,098 real estate properties in Folkston, GA, with a median automated valuation model (AVM) price of $160,714.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Folkston, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Folkston, GA, is $181,710.00, with the most expensive house in Folkston, GA, topping out at $1,789,652.00 and the cheapest home in Folkston, GA, clocking in at $10,460.00. In other words, there’s something for every potential homebuyer or savvy investor in Folkston, GA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Folkston, GA, is on a rollercoaster ride. The average rent price in Folkston, GA, is $986.00. Indeed, when looking to rent in Folkston, GA, you can expect to pay as little as $440.00 or as much as $2,390.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Folkston, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Folkston is located in Charlton, Georgia, with an estimated municipal population of 5,037 residents. All of the best foreclosed homes for sale in Folkston are located in the following zip code areas on Foreclosure.com: 31537. The estimated population per square kilometer (.62 miles) in Folkston is 463.
So, about how much do homes cost in Folkston? The most recent median value of resident-owned homes in Folkston is 78,177. An estimated 41.8 percent of households in Folkston own their homes, with an average family size of 4.78. The median household income in Folkston is 24,261, with9.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Folkston, the median commute time of resident workers (in minutes) is 26.1. And last, but certainly not least, are you looking for homes to rent in Folkston? If so, the average rent price paid by renters in Folkston is 525, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Folkston, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Folkston is 35.4, split between 62.1 percent male versus 37.9 female. The percentage of residents who report being married in Folkston is 34.3, with an average family size of 4.78.
The percentage of residents who report their race in Folkston is as follows:
| White | 44.6% |
| Black / African American | 42.6% |
| Asian | 0.8% |
| American Indian / Alaskan Native | 3.4% |
| Native Hawaiian / Other Pacifc Islander | 0.3% |
| Multi-racial | 5.1% |
| Other | 3.2% |
Looking for family-friendly neighborhoods in and/or near Folkston? Or maybe you are searching for 55+ active adult communities in and/or near Folkston?
The percentage of residents who report their age in Folkston is as follows:
| Under 10 | 12.3% |
| Aged 10-19 | 13.8% |
| 20s | 13.4% |
| 30s | 17.3% |
| 40s | 11.4% |
| 50s | 15.7% |
| 60s | 9.8% |
| 70s | 4% |
| 80+ | 2.4% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Folkston with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Folkston.
How do you know that living in -- or moving to -- Folkston is right where you need to be? Perhaps you grew up in Folkston or already live nearby; therefore, the decision to buy a home in Folkston is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Folkston for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Folkston:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Folkston.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Folkston can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Folkston, meanwhile, can field multiple offers from more qualified buyers.
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