Living in Duluth

LIVING IN DULUTH.

Overview

Duluth is a city in Gwinnett County, Georgia and developed suburb of Atlanta. As of the 2010 census, the city had a population of 26,600. Duluth is a suburb of Atlanta, close to Interstate 85. It is home to Gwinnett Place Mall, Gwinnett Civic and Cultural Center, Arena at Gwinnett Center, Hudgens Center for the Arts and Red Clay Theater. It is also home to Gwinnett Medical Center – Duluth, an 81-bed hospital constructed in 2006, as well as GMCs Glancy Campus, a 30-bed facility located near downtown. Nearby attractions include Stone Mountain and Lake Lanier. The agricultural manufacturer AGCO is based in Duluth. According to Forbes magazine, Duluth ranks 26th in the nation in Americas Best Places to Move. It was also named the Best Affordable Suburb in Georgia by BusinessWeek magazine.  This North Atlanta suburb is becoming increasingly more affluent and is considered as a model city for Gwinnett County.

BusinessWeek magazine ranked Duluth the”Best Affordable Suburb in Georgia” and NewsMax Magazine named Duluth a Top Ten City for Best American Values.  After spending a day in this culturally diverse and vibrant Metro Atlanta suburb, you will quickly see why  Duluth is one of the most desirable communities in North Atlanta.  The City offers a excellent schools, entertainment, world-class shopping and festivals galore that really bring the community together.  A few of the many festivals include Barefoot in the Park Fine Arts Festival and the Duluth Fall Festival, as well as seasonal concerts throughout the year.

Home Values & Pricing

Even though Duluth is one of the most affluent suburbs in Atlanta, you may be surprised to learn that the home sales last year ranged from $35K  all the way up to $2.9 million dollars.  Current listings in MLS range from $70K to $5.0 million dollars.  If you are in the market for a new home, you will find that the average single family home sales price is $307,700.  With the real estate market heating up, we feel confident that home values are going to continue to rise for the next 2 to 3 years.

Duluth GA Zip Codes

Duluth spans zip codes 30096 and 30097.  The 30097 zip code includes both Duluth and Johns Creek, so if you are searching for homes in this general area, you may want to add Johns Creek to your list!

VIEW DULUTH HOMES FOR SALE BELOW

What are Absorption Rates and Why should you know them?

The absorption rate is the rate at which available homes are sold in a specific real estate market during a given time period. It is calculated by dividing the average number of sales per month by the total number of available homes.

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Cost per sale decrease

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Coversion rates increase

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