Alpharetta GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q2 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

Alpharetta Housing Market Information

With a population of 66,255, 23,790 total housing units (homes and apartments), and a median house value of $477,803, 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 54.80% over the last ten years, which is an average annual home appreciation rate of 4.47%, 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 5.70%, which is higher than appreciation rates in 76.48% 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 1.32%, which equates to an annual appreciation rate of 5.40%.

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

 

Median Home Value:
$477,803

Alpharetta, GA HOME PRICES

Value Range
> $1,258,000 0.8
$944,001 - $1,258,000 3.8
$629,001 - $944,000 22.1
$503,001 - $629,000 17.2
$377,001 - $503,000 17.5
$251,001 - $377,000 20.5
$126,001 - $251,000 15.1
$63,001 - $126,000 1.5
$0 - $63,000 1.5

Very High for GA
Very High for Nation

Value Relative to Nation Value Relative to State
8.58394160583942 1.68776371308017

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 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
84.46% 3.03%
10
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,909 / per month

Homeownership Rate

Homeownership
Owners 64.92
Renters 35.08
Vacant 6.60

Housing Market Details

 

Age of Homes

AGE OF Alpharetta HOMES
2000 or Newer 27.3
1970 - 1999 69.8
1940 - 1969 2.3
1939 or Older 0.6

Types of Homes

TYPE OF Alpharetta HOMES
Single-Family 0.0
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Alpharetta HOMES
No Bedroom 1.74
1 Bedroom 11.21
2 Bedrooms 21.06
3 Bedrooms 21.90
4 Bedrooms 23.90
5 or more bedrooms 20.19