Warner Robins appreciation rates and housing market information

Warner Robins housing market information

With 48,885 people, 21,843 houses or apartments, and a median cost of homes of $115,100, house prices in Warner Robins are solidly below the national average.

single-family detached homes are the single most common housing type in Warner Robins, accounting for 60.77% of the city's housing units. Other types of housing that are prevalent in Warner Robins include large apartment complexes or high rise apartments (16.84%), duplexes, homes converted to apartments, or other small apartment buildings (9.79%), row houses and other attached homes (6.34%), and a few mobile homes or trailers (6.26%).

The most prevalent building size and type in Warner Robins are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 52.02% owning, and 37.98% renting.

There is a lot of housing in Warner Robins 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 Warner Robins built from 1940-1969 (36.49%). A lesser amount of the housing stock also hails from 1995 and later (12.80%), and some were built from 1939 and earlier (12.80%).

Vacant housing appears to be an issue in Warner Robins. Fully 10.00% of the housing stock is classified as vacant. Left unchecked, vacant Warner Robins homes and apartments can be a drag on the real estate market, holding Warner Robins real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Warner Robins home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Warner Robins, where house values have increased just 42.19%, which is an average annual increase of 4.21%. NeighborhoodScout's data show that in the latest quarter, Warner Robins house values appreciated 0.60%, which is an annualized rate of 2.40%. This rate is lower than the appreciation rate found in 20% of the cities and towns in America.

Over the last year, Warner Robins appreciation rates have trailed the rest of the nation. In the last twelve months, Warner Robins's appreciation rate has been 0.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Warner Robins were at 0.60%, which equates to an annual appreciation rate of 2.40%.

Relative to Georgia, our data show that Warner Robins's latest annual appreciation rate is higher than 15% 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 Warner Robins differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Warner Robins - 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 Warner Robins real estate investment or home purchase decisions.