Bainbridge, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Bainbridge Neighborhoods Since 2000




Bainbridge, 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

Bainbridge Housing Market Information

With 12,507 people, 5,189 houses or apartments, and a median cost of homes of $128,446, house prices in Bainbridge are solidly below the national average.

Single-family detached homes are the single most common housing type in Bainbridge, accounting for 64.39% of the city's housing units. Other types of housing that are prevalent in Bainbridge include duplexes, homes converted to apartments or other small apartment buildings ( 21.71%), large apartment complexes or high rise apartments ( 10.41%), and a few mobile homes or trailers ( 2.48%).

The most prevalent building size and type in Bainbridge are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.28% owning and 55.72% renting.

There is a lot of housing in Bainbridge 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 Bainbridge built between 1940-1969 ( 23.55%). A lesser amount of the housing stock also hails from before 1939 ( 17.31%). There's also some housing in Bainbridge built between 2000 and later ( 12.70%).

Bainbridge Home Appreciation Rates

Bainbridge's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bainbridge during the period has been just -1.39%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Bainbridge's appreciation rate, at 3.36%, has been at or slightly above the national average. In the latest quarter, Bainbridge's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Georgia, our data show that Bainbridge's latest annual appreciation rate is lower than 60% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$128,446

Bainbridge, GA HOME PRICES

Value Range
> $1,094,000 0.0
$821,001 - $1,094,000 0.2
$547,001 - $821,000 1.2
$438,001 - $547,000 1.0
$328,001 - $438,000 4.2
$219,001 - $328,000 13.6
$109,001 - $219,000 39.1
$54,001 - $109,000 24.8
$0 - $54,000 15.9

Average for GA
Low for Nation

Value Relative to Nation Value Relative to State
60.7054963084495 46.723044397463

Number Of Homes And Apartments:
5,189

Bainbridge 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
31.74% 1.61% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$822 / per month

Homeownership Rate

Homeownership
Owners 44.28
Renters 55.72
Vacant 7.98

Housing Market Details

 

Age of Homes

AGE OF Bainbridge HOMES
2000 or Newer 12.7
1970 - 1999 46.4
1940 - 1969 23.6
1939 or Older 17.3

Types of Homes

TYPE OF Bainbridge HOMES
Single-Family 64.4
Townhomes 1.0
Small Apt. Buildings 21.7
Apt. Complexes 10.4
Mobile Homes 2.5
Other 0.0

Home Size

SIZE OF Bainbridge HOMES
No Bedroom 23.48
1 Bedroom 4.38
2 Bedrooms 15.69
3 Bedrooms 44.55
4 Bedrooms 10.76
5 or more bedrooms 1.13

Zip Codes in Bainbridge, GA