Bethlehem, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Bethlehem, 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

Bethlehem Housing Market Information

With 671 people, 239 houses or apartments, and a median cost of homes of $150,541, Bethlehem real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Bethlehem, accounting for 79.72% of the town's housing units. Other types of housing that are prevalent in Bethlehem include mobile homes or trailers ( 20.28%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bethlehem. Owner-occupied housing accounts for 71.13% of Bethlehem's homes, and 68.53% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bethlehem 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 Bethlehem built between 2000 and later ( 13.29%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.54%). There's also some housing in Bethlehem built before 1939 ( 9.09%).

Vacant housing appears to be an issue in Bethlehem. Fully 16.43% of the housing stock is classified as vacant. Left unchecked, vacant Bethlehem homes and apartments can be a drag on the real estate market, holding Bethlehem 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.

Bethlehem Home Appreciation Rates

Bethlehem's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bethlehem during the period has been just -1.27%, which is lower than 70% of US communities.

Appreciation rates are so strong in Bethlehem that despite a nationwide downturn in the housing market, Bethlehem real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bethlehem appreciation rates continue to be some of the highest in America, at 6.30%, which is higher than appreciation rates in 76.51% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bethlehem. Bethlehem 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 Bethlehem's latest annual appreciation rate is higher than 70% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$150,541

Bethlehem, GA HOME PRICES

Value Range
> $1,293,000 2.4
$970,001 - $1,293,000 0.5
$646,001 - $970,000 0.0
$517,001 - $646,000 0.1
$388,001 - $517,000 0.1
$258,001 - $388,000 9.8
$129,001 - $258,000 57.6
$65,001 - $129,000 20.9
$0 - $65,000 8.7

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
49.7245986171335 30.6553911205074

Number Of Homes And Apartments:
239

Bethlehem 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
7.33% 0.41% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,320 / per month

Homeownership Rate

Homeownership
Owners 71.13
Renters 28.87
Vacant 16.43

Housing Market Details

 

Age of Homes

AGE OF Bethlehem HOMES
2000 or Newer 13.3
1970 - 1999 66.1
1940 - 1969 11.5
1939 or Older 9.1

Types of Homes

TYPE OF Bethlehem HOMES
Single-Family 79.7
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 20.3
Other 0.0

Home Size

SIZE OF Bethlehem HOMES
No Bedroom 1.75
1 Bedroom 0.00
2 Bedrooms 29.72
3 Bedrooms 59.44
4 Bedrooms 9.09
5 or more bedrooms 0.00

Popular Neighborhoods in Bethlehem

Zip Codes in Bethlehem, GA