Metropolitan Statistical Area (MSA):
LaGrange, GA is a Metropolitan Statistical Area (MSA) comprising counties including .
There is no doubt that the LaGrange, GA metropolitan statistical area (MSA) is a hotbed for real estate activity. The combination of a strong economy, low unemployment rate, and affordable housing costs have made the MSA an attractive destination for both home buyers and renters.
The most recent data from the National Association of Realtors shows that the median sales price for a home in the MSA was $176,000 in September 2018, up 5.4% from the previous year. The median rental price was $1,200 per month, up 3.3% from 2017.
Looking ahead, it is expected that the LaGrange MSA will continue to experience strong demand for both residential and commercial real estate. The population is projected to grow by 1.6% annually through 2025, which will spur demand for new homes and businesses alike. Additionally, job growth in the region is forecasted to remain strong, further boosting interest in purchasing or leasing property in LaGrange.