Powder Springs Real Estate & Homes for Sale in Georgia
The community of Powder Springs is located in northwestern Georgia in the Atlanta metro area within Cobb County about 20 miles from Atlanta. Originally named after the seven springs located here, this neighborhood features new sidewalks and streets and is home to more than 14,000 residents. Real estate options consist of single-family detached homes, condominiums and townhouses in a variety of established neighborhoods. Powder Springs is conveniently located near several brand new shopping centers, including the upscale Avenues, as well as malls, restaurants, the Aquatic Center, interstates and parks. Highway 278 provides local commuters easy access to and from Powder Springs. William B. Hartsfield Atlanta International is also about 25 miles from the area and provides accommodations for those who depend on air travel for business or pleasure. The local economy is well spread and diverse, catering to a wide range of industries. Residents with children from grades K-12 will find the proper educational accommodations through the Cobb County School District or one of the private/Christian schools in the area, including Mount Paran, Trinity Chapel Academy and Grace Christian School. To accommodate the area?s rapid growth, a new middle and high school will open in the Fall of 2006. Those in pursuit of a degree in higher learning will find seven nearby college and university campuses at their disposal. For outdoor enthusiasts, a trip to Wild Horse Creek Park or Sweetwater Creek Park may be of interest. Some historic sites and landmarks include the Seven Springs Museum.
Price Range of Powder Springs Homes for sale - Houses
The real estate market in Powder Springs is comprised of mainly single-family detached homes with scattered opportunities to purchase a townhouse or condominium property. A standard three-bedroom home equipped with two baths can be purchased in the high $100,000s and up. Slightly larger four-bedroom homes with three baths can be found listed just under $250,000. Larger estate properties with five or more bedrooms and three baths and up can be acquired from about $400,000 to well over $1 million. A typical two-bedroom condo with two baths can be bought for less $200,000.
Powder Springs Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $249,267 compared to $242,751 the previous week, showing a increase of more than +3%. For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.