Much like nearby areas, it is a lot less expensive compared to the US as a whole. It's significantly less expensive compared to the city of Atlanta.
Home prices
The median home in Demorest is valued at $117,900. This is about $5,460 (4%) lower in comparison to its surrounding areas.It is approximately $99,600 (45%) lower compared to the rest of the nation, and it is about $172,500 (59%) lower in comparison to the city of Atlanta.
Rents
In Demorest the median monthly rent is $779. This is about $46 (6%) higher compared to its nearby areas.Compared to the entire country it is roughly $283 (26%) lower, and is approximately $374 (32%) lower in comparison to the city of Atlanta.
Nearby places
Clarkesville
Clarkesville is approximately 3 miles north from Demorest. Housing prices there are somewhat more expensive. Clarkesville's median home value is $142,900, which works out to $25,000 (17%) higher than Demorest. Rents there are a bit less expensive. The median monthly rent in Clarkesville is $694, which works out to $85 (12%) lower than Demorest.
Cornelia
Cornelia is approximately 3 miles south from Demorest. Its housing prices are a little more expensive. The median home in Cornelia costs $125,800, which is $7,900 (6%) higher than Demorest. Rents there are similar. In Cornelia the median rent is $785 a month, which is very similar to Demorest.
Mount Airy
Mount Airy is roughly 3 miles southeast of Demorest. Its real estate prices are similar. The median home value in Mount Airy is $121,100, which works out to $3,200 (2%) higher than Demorest. The rent there is fairly similar. The median rent in Mount Airy is $809 a month, which is $30 (3%) higher than Demorest.
Baldwin
Baldwin is roughly 5 miles south from Demorest. The real estate prices there are a little less expensive. The median home in Baldwin costs $111,800, which works out to $6,100 (5%) lower than Demorest. Its rents are a little less expensive. Baldwin's median rent is $607 a month, which works out to $172 (28%) lower than Demorest.
Alto
Alto is about 7 miles south of Demorest. Real estate prices there are similar. Alto's median home value is $115,200, which comes out to $2,700 (2%) lower than Demorest. Its rents are fairly similar. The median monthly rent in Alto is $772, which is very similar to Demorest.
