There are currently 32,553 real estate properties in Lithonia, GA, with a median automated valuation model (AVM) price of $244,789.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lithonia, 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 Lithonia, GA, is $256,750.00, with the most expensive house in Lithonia, GA, topping out at $13,963,500.00 and the cheapest home in Lithonia, GA, clocking in at $10,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Lithonia, GA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lithonia, GA, is on a rollercoaster ride. The average rent price in Lithonia, GA, is $1,294.00. Indeed, when looking to rent in Lithonia, GA, you can expect to pay as little as $700.00 or as much as $3,880.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Lithonia, 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.
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