Alpharetta, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Alpharetta Neighborhoods Since 2000




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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Alpharetta Housing Market Information

With a population of 63,693, 22,824 total housing units (homes and apartments), and a median house value of $454,906, 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.

Single-family detached homes are the single most common housing type in Alpharetta, accounting for 60.55% of the city's housing units. Other types of housing that are prevalent in Alpharetta include large apartment complexes or high rise apartments ( 27.45%), row houses and other attached homes ( 9.00%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.75%).

The most prevalent building size and type in Alpharetta are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.51% owning and 37.49% 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 ( 22.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.37%).

Alpharetta Home Appreciation Rates

Appreciation rates for homes in Alpharetta have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 14.33%, which ranks in the top 30% nationwide. This equates to an annual average Alpharetta house appreciation rate of 1.35%.

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 8.81%, which is higher than appreciation rates in 90.07% 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 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Alpharetta's latest annual appreciation rate is higher than 80% 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

 

Median Home Value:
$454,906

Alpharetta, GA HOME PRICES

Value Range
> $1,266,000 1.2
$949,001 - $1,266,000 2.4
$633,001 - $949,000 14.5
$506,001 - $633,000 15.6
$380,001 - $506,000 16.9
$254,001 - $380,000 22.3
$126,001 - $254,000 21.8
$64,001 - $126,000 3.5
$0 - $64,000 1.8

Very High for GA
Very High for Nation

Value Relative to Nation Value Relative to State
7.21317238954647 0.845665961945032

Number Of Homes And Apartments:
22,824

Alpharetta Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
53.64% 2.52% 10 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,540 / per month

Homeownership Rate

Homeownership
Owners 62.51
Renters 37.49
Vacant 5.39

Housing Market Details

 

Age of Homes

AGE OF Alpharetta HOMES
2000 or Newer 23.0
1970 - 1999 74.2
1940 - 1969 2.4
1939 or Older 0.4

Types of Homes

TYPE OF Alpharetta HOMES
Single-Family 60.6
Townhomes 9.0
Small Apt. Buildings 2.8
Apt. Complexes 27.5
Mobile Homes 0.1
Other 0.2

Home Size

SIZE OF Alpharetta HOMES
No Bedroom 1.82
1 Bedroom 11.47
2 Bedrooms 20.16
3 Bedrooms 23.62
4 Bedrooms 23.98
5 or more bedrooms 18.94