Scottdale appreciation rates and housing market information

Scottdale housing market information

With a population of 9,743, 4,205 total housing units (homes and apartments), and a median house value of $176,300, Scottdale real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Scottdale, accounting for 48.89% of the town's housing units. Other types of housing that are prevalent in Scottdale include large apartment complexes or high rise apartments (38.69%), duplexes, homes converted to apartments, or other small apartment buildings (8.78%), row houses and other attached homes (2.90%), and a few mobile homes or trailers (0.74%).

People in Scottdale primarily live in small (one, two, or no bedroom) single-family detached homes. Scottdale has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Scottdale's housing was primarily built during this period, from the '40s through the '60s. A full 42.12% of the town's housing hails from this era. Other housing ages represented in Scottdale include homes built between 1970-1994 (41.71%), and housing constructed from 1995 and later (11.49%). There's also some housing in Scottdale built between 1939 and earlier (4.68%).

Scottdale home appreciation rates

Appreciation rates for homes in Scottdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.06%, which ranks in the top 40% nationwide. This equates to an annual average Scottdale house appreciation rate of 9.00%.

NeighborhoodScout's data show that during the latest twelve months, Scottdale home appreciation rates, at 3.37%, have been at or slightly above the national average. In the latest quarter, Scottdale's appreciation rate has been 0.14%, which annualizes to a rate of 0.56%.

Relative to Georgia, our data show that Scottdale's latest annual appreciation rate is higher than 48% of the other cities and towns in Georgia.