Calhoun, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Calhoun Neighborhoods Since 2000




Calhoun, 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

Calhoun Housing Market Information

With 16,309 people, 5,445 houses or apartments, and a median cost of homes of $147,062, Calhoun 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 Calhoun, accounting for 59.43% of the city's housing units. Other types of housing that are prevalent in Calhoun include large apartment complexes or high rise apartments ( 21.60%), duplexes, homes converted to apartments or other small apartment buildings ( 14.00%), and a few row houses and other attached homes ( 2.81%).

People in Calhoun primarily live in small (one, two or no bedroom) single-family detached homes. Calhoun has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Calhoun 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 Calhoun built between 2000 and later ( 26.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.58%). There's also some housing in Calhoun built before 1939 ( 3.42%).

Vacant housing appears to be an issue in Calhoun. Fully 15.03% of the housing stock is classified as vacant. Left unchecked, vacant Calhoun homes and apartments can be a drag on the real estate market, holding Calhoun 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.

Calhoun Home Appreciation Rates

Calhoun's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Calhoun during the period has been just -1.08%, which is lower than 70% of US communities.

Over the last year, Calhoun appreciation rates have trailed the rest of the nation. In the last twelve months, Calhoun's appreciation rate has been 1.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Calhoun were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$147,062

Calhoun, GA HOME PRICES

Value Range
> $1,134,000 0.8
$851,001 - $1,134,000 1.5
$567,001 - $851,000 0.4
$454,001 - $567,000 0.6
$341,001 - $454,000 4.2
$227,001 - $341,000 11.8
$113,001 - $227,000 46.0
$57,001 - $113,000 25.7
$0 - $57,000 8.9

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
51.2715340442986 33.4038054968288

Number Of Homes And Apartments:
5,445

Calhoun 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
18.59% 0.99% 5 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$792 / per month

Homeownership Rate

Homeownership
Owners 44.26
Renters 55.74
Vacant 15.03

Housing Market Details

 

Age of Homes

AGE OF Calhoun HOMES
2000 or Newer 26.5
1970 - 1999 49.5
1940 - 1969 20.6
1939 or Older 3.4

Types of Homes

TYPE OF Calhoun HOMES
Single-Family 59.4
Townhomes 2.8
Small Apt. Buildings 14.0
Apt. Complexes 21.6
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Calhoun HOMES
No Bedroom 3.14
1 Bedroom 10.50
2 Bedrooms 38.89
3 Bedrooms 31.80
4 Bedrooms 11.52
5 or more bedrooms 4.15