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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 2,112, 775 total housing units (homes and apartments), and a median house value of $341,030, Clarkesville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Clarkesville, accounting for 71.59% of the city's housing units. Other types of housing that are prevalent in Clarkesville include duplexes, homes converted to apartments or other small apartment buildings ( 11.64%), large apartment complexes or high rise apartments ( 10.94%), and a few row houses and other attached homes ( 4.89%).
The most prevalent building size and type in Clarkesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.98% owning and 39.02% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Clarkesville's housing was primarily built during this period, from the '40s through the '60s. A full 38.07% of the city's housing hails from this era. Other housing ages represented in Clarkesville include homes built between 1970-1999 ( 37.14%) and housing constructed between 2000 and later ( 19.91%). There's also some housing in Clarkesville built before 1939 ( 4.89%).
In the last 10 years, Clarkesville has experienced some of the highest home appreciation rates of any community in the nation. Clarkesville real estate appreciated 145.93% over the last ten years, which is an average annual home appreciation rate of 9.42%, putting Clarkesville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Clarkesville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Clarkesville's appreciation rate, at 7.91%, has been at or slightly above the national average. In the latest quarter, Clarkesville's appreciation rate has been 4.20%, which annualizes to a rate of 17.89%.
Relative to Georgia, our data show that Clarkesville's latest annual appreciation rate is lower than 70% of the other cities and towns in Georgia.
$341,030
for Georgia
for nation
775
$1,294 / per month