Pine Lake, Georgia, is the smallest city in DeKalb County, with a unique charm that distinguishes it from typical suburban areas. Established in 1937, this quaint city was initially developed as a summer retreat, featuring a central lake that was once part of Snapfinger Creek. With a population hovering around 750, Pine Lake is known for its tight-knit, artsy community where creativity and environmental consciousness flourish. The city's architecture varies, showcasing a mix of colorful bungalows, mid-century modern homes, and whimsical cottages, many adorned with artistic touches like wind chimes and outdoor art. Pine Lake's residents, including musicians, writers, and artists, contribute to a vibrant cultural scene, often participating in events like LakeFest.
Pine Lake currently has 5 single family homes for sale with an average list price of $397,800 and 1 lot for sale with a list price of $55,000. The average annual property tax for Pine Lake is $4,007.44.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Pine Lake, i.e. what's hot and what's not.
See What's Hot & What's Not in Pine LakePine Lake home sales for the month of February stayed the same in volume when compared to last year, while the median sale price stayed the same. House sales stayed the same, while the median sale price stayed the same.
15
|
12
|
12
|
8
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$255,000
|
$322,300
|
$345,000
|
$373,500
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |