Marietta appreciation rates and housing market information

Marietta housing market information

With 58,374 people, 25,399 houses or apartments, and a median cost of homes of $230,120, Marietta real estate is some of the most expensive in Georgia, although Marietta home values aren't among America's most expensive.

large apartment complexes or high rise apartments are the single most common housing type in Marietta, accounting for 45.31% of the city's housing units. Other types of housing that are prevalent in Marietta include single-family detached homes (34.01%), duplexes, homes converted to apartments, or other small apartment buildings (9.90%), row houses and other attached homes (9.84%), and a few mobile homes or trailers (0.91%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Marietta primarily live in small (one, two, or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Marietta has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Marietta 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 Marietta built from 1940-1969 (23.35%). A lesser amount of the housing stock also hails from 1995 and later (11.20%), and some were built from 1939 and earlier (11.20%).

Marietta home appreciation rates

Appreciation rates for homes in Marietta have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 78.56%, which ranks in the top 40% nationwide. This equates to an annual average Marietta house appreciation rate of 7.85%.

NeighborhoodScout's data show that during the latest twelve months, Marietta home appreciation rates, at 1.51%, have been at or slightly above the national average. In the latest quarter, Marietta's appreciation rate has been 2.56%, which annualizes to a rate of 10.24%.

Importantly, this makes Marietta one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Georgia, our data show that Marietta's latest annual appreciation rate is higher than 59% 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 Marietta differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Marietta - 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 Marietta real estate investment or home purchase decisions.