Alpharetta, GA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Alpharetta Housing Market Information

With 67,213 people, 23,790 houses or apartments, and a median cost of homes of $481,120, Alpharetta house prices are not only among the most expensive in Georgia, Alpharetta real estate also is some of the most expensive in all of America.

Mobile homes or trailers are the single most common housing type in Alpharetta, accounting for 0.00% of the city's housing units.

The most prevalent building size and type in Alpharetta are three and four bedroom dwellings, chiefly found in mobile homes or trailers. The city has a mixture of owners and renters, with 64.92% owning and 35.08% renting.

There is a lot of housing in Alpharetta built from 1970 to 1999 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 Alpharetta built between 2000 and later ( 27.34%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.26%).

Alpharetta Home Appreciation Rates

In the last 10 years, Alpharetta has experienced some of the highest home appreciation rates of any community in the nation. Alpharetta real estate appreciated 55.15% over the last ten years, which is an average annual home appreciation rate of 4.49%, putting Alpharetta in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Alpharetta definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Alpharetta that despite a nationwide downturn in the housing market, Alpharetta real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Alpharetta appreciation rates continue to be some of the highest in America, at 4.97%, which is higher than appreciation rates in 70.67% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Alpharetta. Alpharetta appreciation rates in the latest quarter were at 1.17%, which equates to an annual appreciation rate of 4.77%.

Relative to Georgia, our data show that Alpharetta's latest annual appreciation rate is lower than 50% 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 Alpharetta differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Alpharetta - 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 2000, to assist you in making the best Alpharetta real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$481,120

Alpharetta, GA HOME PRICES

> $1,266,000
0.8%
0.8%
$950,001 - $1,266,000
3.8%
3.8%
$633,001 - $950,000
22.1%
22.1%
$506,001 - $633,000
17.2%
17.2%
$380,001 - $506,000
17.5%
17.5%
$253,001 - $380,000
20.5%
20.5%
$127,001 - $253,000
15.1%
15.1%
$63,001 - $127,000
1.5%
1.5%
$0 - $63,000
1.5%
1.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for GA

Value Relative To Nation

Number Of Homes And Apartments:
23,790

Alpharetta Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
85.75% 3.03%
10
7
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,952 / per month

Homeownership Rate

Owners
64.9%
64.9%
Renters
35.1%
35.1%
Vacant
6.6%
6.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
27.3%
27.3%
1970 - 1999
69.8%
69.8%
1940 - 1969
2.3%
2.3%
1939 or Older
0.6%
0.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
0.0%
0.0%
Townhomes
0.0%
0.0%
Small Apt. Buildings
0.0%
0.0%
Apt. Complexes
0.0%
0.0%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.7%
1.7%
1 Bedroom
11.2%
11.2%
2 Bedrooms
21.1%
21.1%
3 Bedrooms
21.9%
21.9%
4 Bedrooms
23.9%
23.9%
5 or more bedrooms
20.2%
20.2%
0.0% 100.0%
% OF HOMES