Beginning as a small village called New Prospect Camp ground, Alpharetta was later renamed after the Greek words “Alpha” meaning first and “retta” meaning town. Now Alpharetta is one of the fastest growing cities in the South. With a low crime rate and close proximity to Atlanta, Alpharetta is a great place to live.
Being able to understand the reason behind the general Alpharetta home value can help prospective real estate buyers and sellers prepare for the market.
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| Population 34,854 | Median Age 33.3 yrs | Household Size: 2.50 |
| Avg Commute: 27.7 min | Avg Income $71,207 | Avg Home Value: $226,300 |
| July High: 88.0°F | January Low: 29.1°F | |
Alpharetta Home Value
Alpharetta is a fast growing town at the heart of Georgia. The population of Alpharetta has steadily increased since 1980. With the increased awareness of this gem of a town, home values have also increased dramatically. The median Alpharetta home value is now approximately $288,725, which is far more than the area surrounding Alpharetta.
Some of the reasons for the increased home value in Alpharetta are due to the rise of employment in the area. The average household income is also on the rise due to the plentiful careers available to the local residents.
With the career opportunities available, the environment in Alpharetta also increases the home value in the area. Alpharetta is a family town. The city has a positive environment to raise children in and also a great atmosphere to grow old together.
Each individual home value in the area is also determined by several other differing aspects. Understanding these aspects can help a buyer or a seller better understand the market and the value of a home. Some of the things that determine a home’s value are the location, the number of bedrooms, the number of bathrooms, the square footage of the home and the general condition of the building and property. Being able to understand these aspects can help you decide what characteristics are most important to you, and then you are closer to finding your ideal home.
The city of Alpharetta was made to bring good people together in a positive environment. The beauty of the South can be seen and exemplified in this great place to live.
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A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®