Chatsworth, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Chatsworth Neighborhoods Since 2000




Chatsworth, 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

Chatsworth Housing Market Information

With 4,351 people, 1,843 houses or apartments, and a median cost of homes of $156,080, Chatsworth 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 Chatsworth, accounting for 68.44% of the city's housing units. Other types of housing that are prevalent in Chatsworth include large apartment complexes or high rise apartments ( 15.58%), duplexes, homes converted to apartments or other small apartment buildings ( 12.58%), and a few mobile homes or trailers ( 2.20%).

The most prevalent building size and type in Chatsworth are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.22% owning and 52.78% renting.

There is a lot of housing in Chatsworth 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 Chatsworth built between 2000 and later ( 16.23%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.68%). There's also some housing in Chatsworth built before 1939 ( 8.42%).

Chatsworth Home Appreciation Rates

Real estate appreciation rates in Chatsworth's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.37% during the period.

Appreciation rates are so strong in Chatsworth that despite a nationwide downturn in the housing market, Chatsworth real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Chatsworth appreciation rates continue to be some of the highest in America, at 5.94%, which is higher than appreciation rates in 73.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Chatsworth. Chatsworth appreciation rates in the latest quarter were at 2.58%, which equates to an annual appreciation rate of 10.74%.

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

Relative to Georgia, our data show that Chatsworth's latest annual appreciation rate is higher than 60% 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 Chatsworth differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chatsworth - 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 Chatsworth real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$156,080

Chatsworth, GA HOME PRICES

Value Range
> $1,161,000 0.0
$871,001 - $1,161,000 0.0
$581,001 - $871,000 1.3
$465,001 - $581,000 1.9
$348,001 - $465,000 0.2
$232,001 - $348,000 11.2
$116,001 - $232,000 57.3
$58,001 - $116,000 23.5
$0 - $58,000 4.5

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
47.3866166647135 28.9640591966173

Number Of Homes And Apartments:
1,843

Chatsworth 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
27.41% 1.41% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$676 / per month

Homeownership Rate

Homeownership
Owners 47.22
Renters 52.78
Vacant 7.67

Housing Market Details

 

Age of Homes

AGE OF Chatsworth HOMES
2000 or Newer 16.2
1970 - 1999 60.7
1940 - 1969 14.7
1939 or Older 8.4

Types of Homes

TYPE OF Chatsworth HOMES
Single-Family 68.4
Townhomes 1.2
Small Apt. Buildings 12.6
Apt. Complexes 15.6
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Chatsworth HOMES
No Bedroom 0.00
1 Bedroom 13.68
2 Bedrooms 25.15
3 Bedrooms 47.90
4 Bedrooms 10.77
5 or more bedrooms 2.51

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Zip Codes in Chatsworth, GA