Ocilla, GA

Real estate in Ocilla, GA is a popular investment for many reasons. The city has a population of just over 10,000 people and is located in the foothills of the Appalachian Mountains. This makes it an ideal location for those who are looking for a rural setting with access to major metropolitan areas. Additionally, Ocilla is home to several businesses and industries that support the real estate market, including agriculture, manufacturing, and health care.

The median price of homes in Ocilla was $119,900 in 2016. This represents an increase of 2% from 2015 and indicates that there is strong demand for housing in the city. In addition, there are currently no active foreclosures or short sales in the city which suggests that buyers are feeling confident about investing in real estate here.

One reason why real estate prices have been increasing steadily in Ocilla is because of its close proximity to Atlanta. According to Zillow®, commuters can save an average of $1,700 per year by living within 30 miles of Atlanta instead of 75 miles away. Additionally, many jobs located within commuting distance offer good salaries and benefits which make it easier for residents to afford homes here.

Despite these positive factors, there are some risks associated with investing in real estate in Ocilla. One potential issue is that the city's economy could suffer if nearby businesses experience financial difficulties or if the local population decreases significantly due to migration or other factors. In addition, although prices have been increasing steadily over recent years, they may not continue doing so indefinitely due to various economic factors outside of anyone's control (e.g., inflation).