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Mcdonough is passing through a growing moment in foreclosure market. Nowadays, we have 111 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Mcdonough started September with 112 foreclosures available. October registered a rise to 118 homes, or 5.36%. The city had a down in November: -16.10%, leaving 99 properties in the market. Things got worse in December with a drop to 55 homes in foreclosure available (-44.44%). Opportunities went abundant for buyers last month, with a rise, when Mcdonough registered 68 foreclosures, a 23.64% increase comparing to December.
As for the cost, Mcdonough has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Mcdonough for $133,482, a value 21.83% below the US average price ($170,751), and a 4.72% decrease compared to the prices of January in the city.