Cheap Homes in Menlo, GA

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View this home at Gilreath Mill Rd Menlo GA 30731
Tax Lien
$48,450 EMV
View this home at Peach Orchard Rd Menlo GA 30731
Tax Lien
$58,905 EMV
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Menlo, GA Foreclosures

How much do homes sell for in Menlo, GA?
The average home price is currently $281,136.
In Menlo, GA, how many homes are available?
There are currently 893 active home listings available in Menlo.
What’s the average rental cost in Menlo, GA?
The average rental price in Menlo is $999.
What is the most expensive home in Menlo, Georgia?
The most expensive home sold in Menlo had a price of $3,712,700.
What is currently the cheapest priced home in Menlo, GA?
The cheapest home for sale in Menlo is priced at $6,438.

Home Value Estimator For Menlo, GA

There are currently 893 real estate properties in Menlo, GA, with a median automated valuation model (AVM) price of $179,611.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Menlo, 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 Menlo, GA, is $281,136.00, with the most expensive house in Menlo, GA, topping out at $3,712,700.00 and the cheapest home in Menlo, GA, clocking in at $6,438.00. In other words, there’s something for every potential homebuyer or savvy investor in Menlo, GA!

Rent Prices In Menlo, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Menlo, GA, is on a rollercoaster ride. The average rent price in Menlo, GA, is $999.00. Indeed, when looking to rent in Menlo, GA, you can expect to pay as little as $440.00 or as much as $2,280.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Menlo, 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 Menlo, GA In 2024

Menlo is located in Chattooga, Georgia, with an estimated municipal population of 456 residents. All of the best foreclosed homes for sale in Menlo are located in the following zip code areas on 30731. The estimated population per square kilometer (.62 miles) in Menlo is 224.

Cost Of Living In Menlo, GA

So, about how much do homes cost in Menlo? The most recent median value of resident-owned homes in Menlo is 66,328. An estimated 61.6 percent of households in Menlo own their homes, with an average family size of 2.99. The median household income in Menlo is 35,278, with8.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Menlo, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Menlo? If so, the average rent price paid by renters in Menlo is 485, according to recent statistics.

Diversity And Demographics In Menlo, 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 Menlo, 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 Menlo is 37.9, split between 44.6 percent male versus 55.4 female. The percentage of residents who report being married in Menlo is 56.5, with an average family size of 2.99.

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

White 96.8%
Black / African American 2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0%

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

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

Under 10 3.3%
Aged 10-19 24.7%
20s 4.7%
30s 19.4%
40s 13%
50s 10.4%
60s 8.6%
70s 8.9%
80+ 7.2%

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

Pros And Cons Of Living In Menlo, Georgia

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

  • 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 Menlo.

Reasons To Move To Menlo, 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 Menlo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Menlo, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Menlo, GA


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