Arcade First-Time Homebuyer Report for October

Arcade has a younger population than other areas in Georgia with a median age of 37 years. It is also affluent with a median income of $45,692 per household. The Arcade market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.

Culture

A highly recommended place to eat in Arcade, according to Foursquare, is Shane's Rib Shack.

Price Range

Homes in Arcade are generally more expensive than others in the state with a median home value of $95,200 and an average list price of $123,895. The Arcade market saw sales decline 28.6% this week but it is currently in the midst of an emerging upward sales trend, including five homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Arcade that generated the most views from potential buyers:

$105K   $129K   $188K  

Typical Dwelling

The typical dwelling in Arcade is a three-bedroom detached home worth about $112,474. To purchase a similar home, a buyer with good credit and a $22,495 cash down payment could obtain a mortgage with a 3.95% interest rate and a $144 monthly payment. The property tax rate is $7.86 per $1,000 of taxable assessed value.

Get started right now by checking out Arcade homes for sale or reviewing Arcade real estate trends.


Data reported through 10/13/2016

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KELLER WILLIAMS LANIER PARTNER
Snapped 1 home in this area

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