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While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Zillow, Inc. holds real estate brokerage licenses in multiple states. Zillow , Inc. holds real estate brokerage licenses in multiple provinces.
When looking for your next property in Peachtree City, you’ll find an abundance of three-bedroom and four-bedroom detached single-family homes. The majority of these properties were built from the 1970s to the 1990s. Housing swings affordability the most between places in Georgia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations. According to the most recent data on the cost of living, Peachtree City has an overall cost of living index of 114 which is 1.1x higher than the national index of 100. The cost of living index is set to 100 for the average place in America.
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Importantly, this makes Peachtree City one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength. Peachtree City is home to many properties with waterfront access on Fayette County’s famous Lake Peachtree. The lake is the perfect place for boating and fishing enthusiasts of all ages. Waterfront homes offer buyers unique opportunities for waterfront access to fish, swim, boat, and enjoy the outdoors. These properties also offer scenic views of nearby parks and recreation areas.
The average homes sell for about 1% below list price and go pending in around 24 days. The average homes sell for about 1% below list price and go pending in around 22 days. The average homes sell for about 2% below list price and go pending in around 31 days.
What you can do with these insights
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 and to 10 and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process. The cost of rent varies depending on several factors, including location, size, and quality. Luxury homes for sale in Peachtree City offer residents an elevated standard of living with convenient access to shopping, entertainment, and upscale dining. The impressive inventory of luxury properties in Peachtree City ensures that any buyer can find a home that is luxurious enough to meet their needs.
Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. Peachtree City is the largest city in Fayette County, a town filled with golf cart trails. Everyone here owns a golf cart because they provide the best way to get around the city.
Peachtree City, GA Recently Sold Homes
When you’re house-hunting, you want to have a clear picture of what exactly you’re looking for. Having a “must-have” checklist will hugely help you sort through various listings available online for homes for sale in Peachtree City GA . The proportion of homes and apartments in the city built within a certain time period. NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America.
It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more. Can sell for about 2% above list price and go pending in around 5 days. Can sell for about 3% above list price and go pending in around 9 days. Median home value is the value which has equal numbers of homes valued above and below it. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values.
Detailed Peachtree City Services Costs Vs. Georgia
Appreciation rates are so strong in Peachtree City that despite a nationwide downturn in the housing market, Peachtree City real estate has continued to appreciate in value faster than most communities. Based on the last twelve months, short-term real estate investors have found good fortune in Peachtree City. Peachtree City appreciation rates in the latest quarter were at 5.31%, which equates to an annual appreciation rate of 22.98%. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Peachtree City differ in their investment potential, sometimes by a great deal.
Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S.
Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates. Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level.
Only mortgage transactions on single-family properties are included. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. In the last 10 years, Peachtree City has experienced some of the highest home appreciation rates of any community in the nation. Peachtree City real estate appreciated 111.27% over the last ten years, which is an average annual home appreciation rate of 7.77%, putting Peachtree City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Peachtree City definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit.
Click on the risks below to learn which exist in Peachtree City today and how they’ll change by 2050. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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