Blairsville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Blairsville Neighborhoods Since 2000




Blairsville, 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

Blairsville Housing Market Information

With 554 people, 223 houses or apartments, and a median cost of homes of $189,989, Blairsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Blairsville, accounting for 40.56% of the city's housing units. Other types of housing that are prevalent in Blairsville include large apartment complexes or high rise apartments ( 23.08%), duplexes, homes converted to apartments or other small apartment buildings ( 16.78%), and a few mobile homes or trailers ( 8.74%).

Blairsville is dominated by renter-occupied one, two, or no bedrooms apartments. 74.70% of Blairsville's dwellings are rentals.

There is a lot of housing in Blairsville 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 Blairsville built between 1940-1969 ( 36.01%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.58%). There's also some housing in Blairsville built before 1939 ( 1.05%).

Vacant housing appears to be an issue in Blairsville. Fully 22.03% of the housing stock is classified as vacant. Left unchecked, vacant Blairsville homes and apartments can be a drag on the real estate market, holding Blairsville 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.

Blairsville Home Appreciation Rates

Homes have actually lost value in Blairsville over the last then years, as home values have seen a decline of 21.34% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Blairsville home appreciation rates at 0.00%, which equates to an annual appreciation rate of 0.00%.

NeighborhoodScout's data show that during the latest twelve months, Blairsville's appreciation rate, at 4.11%, has been at or slightly above the national average. In the latest quarter, Blairsville's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$189,989

Blairsville, GA HOME PRICES

Value Range
> $1,092,000 0.0
$819,001 - $1,092,000 2.4
$546,001 - $819,000 2.6
$437,001 - $546,000 0.0
$328,001 - $437,000 2.5
$218,001 - $328,000 36.0
$109,001 - $218,000 33.8
$55,001 - $109,000 11.4
$0 - $55,000 11.3

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
34.9466776045939 17.5475687103594

Number Of Homes And Apartments:
223

Blairsville 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
27.26% 1.41% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$683 / per month

Homeownership Rate

Homeownership
Owners 25.30
Renters 74.70
Vacant 22.03

Housing Market Details

 

Age of Homes

AGE OF Blairsville HOMES
2000 or Newer 19.6
1970 - 1999 43.4
1940 - 1969 36.0
1939 or Older 1.0

Types of Homes

TYPE OF Blairsville HOMES
Single-Family 40.6
Townhomes 5.2
Small Apt. Buildings 16.8
Apt. Complexes 23.1
Mobile Homes 8.7
Other 5.6

Home Size

SIZE OF Blairsville HOMES
No Bedroom 5.94
1 Bedroom 31.47
2 Bedrooms 29.02
3 Bedrooms 33.57
4 Bedrooms 0.00
5 or more bedrooms 0.00