Braselton, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Braselton, GA Real Estate Data


Braselton Housing Market Information

With 9,476 people, 2,660 houses or apartments, and a median cost of homes of $264,548, Braselton real estate is some of the most expensive in Georgia, although Braselton home values aren't among America's most expensive.

Braselton is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Braselton than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Braselton. Owner-occupied housing accounts for 86.54% of Braselton's homes, and 72.01% have either three or four bedrooms, which is average sized relative to America.

Braselton homes and real estate are some of the newest in America. 81.21% of Braselton's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Braselton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 13.15%), and between 1940-1969 ( 5.64%).

Vacant housing appears to be an issue in Braselton. Fully 11.24% of the housing stock is classified as vacant. Left unchecked, vacant Braselton homes and apartments can be a drag on the real estate market, holding Braselton 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.

Braselton Home Appreciation Rates

Appreciation rates for homes in Braselton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.11%, which ranks in the top 50% nationwide. This equates to an annual average Braselton house appreciation rate of 0.31%.

Appreciation rates are so strong in Braselton that despite a nationwide downturn in the housing market, Braselton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Braselton appreciation rates continue to be some of the highest in America, at 7.29%, which is higher than appreciation rates in 86.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Braselton. Braselton appreciation rates in the latest quarter were at 3.03%, which equates to an annual appreciation rate of 12.70%.

Importantly, this makes Braselton one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Georgia, our data show that Braselton's latest annual appreciation rate is higher than 70% 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 town. Individual neighborhoods within Braselton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Braselton - 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 Braselton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$264,548

Braselton, GA HOME PRICES

Value Range
> $1,329,000 1.4
$997,001 - $1,329,000 1.2
$665,001 - $997,000 6.3
$532,001 - $665,000 5.6
$399,001 - $532,000 9.6
$266,001 - $399,000 19.8
$133,001 - $266,000 46.2
$67,001 - $133,000 4.3
$0 - $67,000 5.6

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
21.0458511448147 6.34249471458774

Number Of Homes And Apartments:
2,660

Rent & Ownership

 

Average Market Rent:
$1,395 / per month

Homeownership Rate

Homeownership
Owners 86.54
Renters 13.46
Vacant 11.24

Housing Market Details

 

Age of Homes

AGE OF Braselton HOMES
2000 or Newer 81.2
1970 - 1999 13.1
1940 - 1969 5.6
1939 or Older 0.0

Types of Homes

TYPE OF Braselton HOMES
Single-Family 99.2
Townhomes 0.5
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Braselton HOMES
No Bedroom 0.00
1 Bedroom 0.77
2 Bedrooms 1.84
3 Bedrooms 30.23
4 Bedrooms 41.78
5 or more bedrooms 25.39

Braselton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
33.05% 1.69% 8 4
* 10 is highest