Americus, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Americus Neighborhoods Since 2000




Americus, 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

Americus Housing Market Information

With a population of 16,028, 6,034 total housing units (homes and apartments), and a median house value of $85,373, house prices in Americus are solidly below the national average.

Single-family detached homes are the single most common housing type in Americus, accounting for 58.30% of the city's housing units. Other types of housing that are prevalent in Americus include duplexes, homes converted to apartments or other small apartment buildings ( 21.76%), large apartment complexes or high rise apartments ( 16.27%), and a few mobile homes or trailers ( 3.17%).

The most prevalent building size and type in Americus are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 39.81% owning and 60.19% renting.

There is a lot of housing in Americus 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 Americus built between 1940-1969 ( 29.57%). A lesser amount of the housing stock also hails from before 1939 ( 12.69%). There's also some housing in Americus built between 2000 and later ( 7.53%).

Vacant housing appears to be an issue in Americus. Fully 15.09% of the housing stock is classified as vacant. Left unchecked, vacant Americus homes and apartments can be a drag on the real estate market, holding Americus 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.

Americus Home Appreciation Rates

Americus's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Americus during the period has been just -1.24%, which is lower than 70% of US communities.

Over the last year, Americus appreciation rates have trailed the rest of the nation. In the last twelve months, Americus's appreciation rate has been 0.90%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Americus were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$85,373

Americus, GA HOME PRICES

Value Range
> $976,000 0.1
$732,001 - $976,000 0.6
$488,001 - $732,000 0.9
$390,001 - $488,000 3.5
$293,001 - $390,000 1.4
$195,001 - $293,000 10.1
$97,001 - $195,000 26.0
$49,001 - $97,000 35.0
$0 - $49,000 22.3

Low for GA
Very Low for Nation

Value Relative to Nation Value Relative to State
87.2026251025431 78.2241014799154

Number Of Homes And Apartments:
6,034

Americus 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
15.59% 0.84% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$761 / per month

Homeownership Rate

Homeownership
Owners 39.81
Renters 60.19
Vacant 15.09

Housing Market Details

 

Age of Homes

AGE OF Americus HOMES
2000 or Newer 7.5
1970 - 1999 50.2
1940 - 1969 29.6
1939 or Older 12.7

Types of Homes

TYPE OF Americus HOMES
Single-Family 58.3
Townhomes 0.5
Small Apt. Buildings 21.8
Apt. Complexes 16.3
Mobile Homes 3.2
Other 0.0

Home Size

SIZE OF Americus HOMES
No Bedroom 4.57
1 Bedroom 11.40
2 Bedrooms 29.51
3 Bedrooms 39.52
4 Bedrooms 12.50
5 or more bedrooms 2.50