Similar to its surrounding areas, it is substantially less expensive compared to the nation as a whole. It is substantially less expensive compared to the city of Atlanta.
Home prices
The median home in Lovejoy costs $107,500. It is is very similar in comparison to its surrounding areas.It is roughly $110,000 (50%) lower in comparison to the rest of the nation, and is roughly $182,900 (62%) lower in comparison to the city of Atlanta.
Rents
Lovejoy's median monthly rent is $1,098. In comparison to its nearby areas this is roughly $59 (5%) higher.In comparison to the entire nation it is about $36 (3%) higher, and is approximately $55 (4%) lower in comparison to the city of Atlanta.
Nearby places
Bonanza
Bonanza is Lovejoy's neighbor to the northwest. Housing prices there are a little less expensive. Bonanza's median home value is $92,900, which is $14,600 (15%) lower than Lovejoy. Its rents are somewhat more expensive. The median monthly rent in Bonanza is $1,296, which comes out to $198 (15%) higher than Lovejoy.
Irondale
Irondale is approximately 3 miles northwest from Lovejoy. Its real estate prices are somewhat less expensive. Irondale's median home price is $97,700, which is $9,800 (10%) lower than Lovejoy. Its rents are similar. In Irondale the median rent is $1,048 a month, which is $50 (4%) lower than Lovejoy.
Hampton
Hampton is roughly 4 miles south from Lovejoy. Housing prices there are a bit more expensive. Hampton's median home value is $146,900, which works out to $39,400 (26%) higher than Lovejoy. Rents there are somewhat less expensive. The median monthly rent in Hampton is $991, which works out to $107 (10%) lower than Lovejoy.
Jonesboro
Jonesboro is about 6 miles north of Lovejoy. Its real estate prices are a lot less expensive. The value of the median home in Jonesboro is $80,400, which is $27,100 (33%) lower than Lovejoy. Its rents are a little less expensive. The median rent in Jonesboro is $895 a month, which works out to $203 (22%) lower than Lovejoy.
Sunny Side
Sunny Side is about 7 miles south of Lovejoy. The real estate prices there are somewhat more expensive. The median home cost in Sunny Side is $118,800, which comes out to $11,300 (9%) higher than Lovejoy. Rent there is somewhat less expensive. In Sunny Side the median rent is $964 per month, which comes out to $134 (13%) lower than Lovejoy.
