Fort Valley appreciation rates and housing market information

Fort Valley housing market information

With 7,953 people, 3,218 houses or apartments, and a median cost of homes of $105,500, house prices in Fort Valley are solidly below the national average.

single-family detached homes are the single most common housing type in Fort Valley, accounting for 62.62% of the city's housing units. Other types of housing that are prevalent in Fort Valley include duplexes, homes converted to apartments, or other small apartment buildings (17.87%), large apartment complexes or high rise apartments (15.41%), row houses and other attached homes (2.45%), and a few mobile homes or trailers (1.65%).

The most prevalent building size and type in Fort Valley are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 43.35% owning, and 50.40% renting.

There is a lot of housing in Fort Valley built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fort Valley built from 1940-1969 (38.38%). A lesser amount of the housing stock also hails from 1939 and earlier (10.93%), and some were built from 1995 and later (10.93%).

Fort Valley home appreciation rates

Fort Valley's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fort Valley during the period has been just 6.50%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Fort Valley home appreciation rates, at 1.25%, have been at or slightly above the national average. In the latest quarter, Fort Valley's appreciation rate has been -0.66%, which annualizes to a rate of -2.64%.

Relative to Georgia, our data show that Fort Valley's latest annual appreciation rate is higher than 20% of the other cities and towns in Georgia.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Fort Valley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fort Valley - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Fort Valley real estate investment or home purchase decisions.