Doerun, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Doerun, 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

Doerun Housing Market Information

With 773 people, 279 houses or apartments, and a median cost of homes of $96,833, house prices in Doerun are solidly below the national average.

Single-family detached homes are the single most common housing type in Doerun, accounting for 80.77% of the city's housing units. Other types of housing that are prevalent in Doerun include duplexes, homes converted to apartments or other small apartment buildings ( 8.52%), row houses and other attached homes ( 5.77%), and a few mobile homes or trailers ( 4.12%).

The most prevalent building size and type in Doerun are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.91% owning and 44.09% 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. Doerun's housing was primarily built during this period, from the '40s through the '60s. A full 42.58% of the city's housing hails from this era. Other housing ages represented in Doerun include homes built between 1970-1999 ( 37.91%) and housing constructed before 1939 ( 16.48%). There's also some housing in Doerun built between 2000 and later ( 3.02%).

Vacant housing appears to be an issue in Doerun. Fully 23.35% of the housing stock is classified as vacant. Left unchecked, vacant Doerun homes and apartments can be a drag on the real estate market, holding Doerun 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.

Doerun Home Appreciation Rates

Real estate appreciation rates in Doerun's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.35% during the period.

NeighborhoodScout's data show that during the latest twelve months, Doerun's appreciation rate, at 3.72%, has been at or slightly above the national average. In the latest quarter, Doerun's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Georgia, our data show that Doerun's latest annual appreciation rate is lower than 50% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$96,833

Doerun, GA HOME PRICES

Value Range
> $1,115,000 1.3
$836,001 - $1,115,000 0.0
$557,001 - $836,000 0.0
$446,001 - $557,000 0.0
$335,001 - $446,000 6.3
$223,001 - $335,000 11.9
$112,001 - $223,000 21.4
$56,001 - $112,000 35.5
$0 - $56,000 23.7

Low for GA
Low for Nation

Value Relative to Nation Value Relative to State
79.63787647955 69.1331923890063

Number Of Homes And Apartments:
279

Doerun 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
40.14% 1.98% 9 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$757 / per month

Homeownership Rate

Homeownership
Owners 55.91
Renters 44.09
Vacant 23.35

Housing Market Details

 

Age of Homes

AGE OF Doerun HOMES
2000 or Newer 3.0
1970 - 1999 37.9
1940 - 1969 42.6
1939 or Older 16.5

Types of Homes

TYPE OF Doerun HOMES
Single-Family 80.8
Townhomes 5.8
Small Apt. Buildings 8.5
Apt. Complexes 0.8
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Doerun HOMES
No Bedroom 0.00
1 Bedroom 7.14
2 Bedrooms 17.86
3 Bedrooms 55.22
4 Bedrooms 16.48
5 or more bedrooms 3.30

Popular Neighborhoods in Doerun

Zip Codes in Doerun, GA