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Bankruptcy Homes in Forsyth, GA

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Home Value Estimator For Forsyth, GA

There are currently 6,351 real estate properties in Forsyth, GA, with a median automated valuation model (AVM) price of $186,037.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Forsyth, 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 Forsyth, GA, is $255,179.00, with the most expensive house in Forsyth, GA, topping out at $2,874,200.00 and the cheapest home in Forsyth, GA, clocking in at $1,097.00. In other words, there’s something for every potential homebuyer or savvy investor in Forsyth, GA!


Rent Prices In Forsyth, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forsyth, GA, is on a rollercoaster ride. The average rent price in Forsyth, GA, is $1,170.00. Indeed, when looking to rent in Forsyth, GA, you can expect to pay as little as $560.00 or as much as $3,180.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Forsyth, 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.


Top Reasons To Live In Forsyth, GA In 2024

Forsyth is located in Monroe, Georgia, with an estimated municipal population of 4,130 residents. All of the best foreclosed homes for sale in Forsyth are located in the following zip code areas on Foreclosure.com: 31029. The estimated population per square kilometer (.62 miles) in Forsyth is 270.


Cost Of Living In Forsyth, GA

So, about how much do homes cost in Forsyth? The most recent median value of resident-owned homes in Forsyth is 138,313. An estimated 53.4 percent of households in Forsyth own their homes, with an average family size of 3.4. The median household income in Forsyth is 32,173, with16.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Forsyth, the median commute time of resident workers (in minutes) is 24.9. And last, but certainly not least, are you looking for homes to rent in Forsyth? If so, the average rent price paid by renters in Forsyth is 692, according to recent statistics.


Diversity And Demographics In Forsyth, Georgia

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 Forsyth, 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 Forsyth is 39.9, split between 40.6 percent male versus 59.4 female. The percentage of residents who report being married in Forsyth is 40.7, with an average family size of 3.4.

The percentage of residents who report their race in Forsyth is as follows:

White 46.1%
Black / African American 49.9%
Asian 1.4%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.1%
Other 0%

Looking for family-friendly neighborhoods in and/or near Forsyth? Or maybe you are searching for 55+ active adult communities in and/or near Forsyth?

The percentage of residents who report their age in Forsyth is as follows:

Under 10 13.7%
Aged 10-19 14.8%
20s 9.7%
30s 11.7%
40s 10.7%
50s 13.5%
60s 15.8%
70s 5.4%
80+ 4.6%

Best Schools In Forsyth, Georgia

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 Forsyth with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Forsyth.


Pros And Cons Of Living In Forsyth, Georgia

How do you know that living in -- or moving to -- Forsyth is right where you need to be? Perhaps you grew up in Forsyth or already live nearby; therefore, the decision to buy a home in Forsyth is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Forsyth 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 Forsyth:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Forsyth.


Reasons To Move To Forsyth, Georgia, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Forsyth can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Forsyth, meanwhile, can field multiple offers from more qualified buyers.

Forsyth, GA Bankruptcy Homes


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