Brooklet, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Brooklet, GA Real Estate Data


Brooklet Housing Market Information

With a population of 1,457, 581 total housing units (homes and apartments), and a median house value of $182,767, Brooklet real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Brooklet, accounting for 78.26% of the city's housing units. Other types of housing that are prevalent in Brooklet include mobile homes or trailers ( 12.89%), duplexes, homes converted to apartments or other small apartment buildings ( 7.76%), and a few large apartment complexes or high rise apartments ( 1.09%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brooklet. Owner-occupied housing accounts for 65.40% of Brooklet's homes, and 72.67% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brooklet 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 Brooklet built between 1940-1969 ( 30.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 25.78%). There's also some housing in Brooklet built before 1939 ( 9.94%).

Brooklet Home Appreciation Rates

Appreciation rates for homes in Brooklet have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.70%, which ranks in the top 50% nationwide. This equates to an annual average Brooklet house appreciation rate of 0.46%.

NeighborhoodScout's data show that during the latest twelve months, Brooklet's appreciation rate, at 4.48%, has been at or slightly above the national average. In the latest quarter, Brooklet's appreciation rate has been 1.23%, which annualizes to a rate of 5.00%.

Relative to Georgia, our data show that Brooklet's latest annual appreciation rate is lower than 70% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$182,767

Brooklet, GA HOME PRICES

Value Range
> $1,095,000 0.1
$821,001 - $1,095,000 0.0
$548,001 - $821,000 0.5
$438,001 - $548,000 1.5
$329,001 - $438,000 10.5
$219,001 - $329,000 19.0
$110,001 - $219,000 40.5
$55,001 - $110,000 10.2
$0 - $55,000 17.5

High for GA
High for Nation

Value Relative to Nation Value Relative to State
38.3849622298999 21.5644820295983

Number Of Homes And Apartments:
581

Rent & Ownership

 

Average Market Rent:
$1,072 / per month

Homeownership Rate

Homeownership
Owners 65.40
Renters 34.60
Vacant 9.78

Housing Market Details

 

Age of Homes

AGE OF Brooklet HOMES
2000 or Newer 25.8
1970 - 1999 34.2
1940 - 1969 30.1
1939 or Older 9.9

Types of Homes

TYPE OF Brooklet HOMES
Single-Family 78.3
Townhomes 0.0
Small Apt. Buildings 7.8
Apt. Complexes 1.1
Mobile Homes 12.9
Other 0.0

Home Size

SIZE OF Brooklet HOMES
No Bedroom 0.47
1 Bedroom 2.33
2 Bedrooms 23.45
3 Bedrooms 57.76
4 Bedrooms 14.91
5 or more bedrooms 1.09

Brooklet 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
36.34% 1.84% 8 4
* 10 is highest

Popular Neighborhoods in Brooklet

Zip Codes in Brooklet, GA