October's First-Time Homebuyer Report for Alamo

With 2,797 residents, Alamo is a larger than average city in Georgia. Also, with an 82.3% increase over the last 10 years, its population is growing about even with other parts of the state. Alamo is made up of homes that are relatively old with a median of 27 years.

Price Range

Alamo has some of the more affordable homes in the state with a median home value of $45,300 and a current average list price of $115,077. The Alamo reported another in a series of 30-day periods with zero home sales. Alamo usually averages 0.2 sales per month.

Typical Dwelling

A three-bedroom detached home valued around $86,077 is considered a typical dwelling in Alamo. If a buyer was looking for a similar home, they would need good credit and a $17,215 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $21 and the property tax rate is $6.27 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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