Douglas, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Douglas Neighborhoods Since 2000




Douglas, 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

Douglas Housing Market Information

With a population of 11,718, 4,061 total housing units (homes and apartments), and a median house value of $82,613, house prices in Douglas are some of the most affordable in Georgia as well as the nation.

Single-family detached homes are the single most common housing type in Douglas, accounting for 65.35% of the city's housing units. Other types of housing that are prevalent in Douglas include duplexes, homes converted to apartments or other small apartment buildings ( 15.52%), mobile homes or trailers ( 11.00%), and a few large apartment complexes or high rise apartments ( 6.95%).

The most prevalent building size and type in Douglas are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 45.26% owning and 54.74% renting.

There is a lot of housing in Douglas 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 Douglas built between 1940-1969 ( 30.70%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.04%). There's also some housing in Douglas built before 1939 ( 5.89%).

Vacant housing appears to be an issue in Douglas. Fully 15.54% of the housing stock is classified as vacant. Left unchecked, vacant Douglas homes and apartments can be a drag on the real estate market, holding Douglas 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.

Douglas Home Appreciation Rates

Real estate appreciation rates in Douglas's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.47% during the period.

NeighborhoodScout's data show that during the latest twelve months, Douglas's appreciation rate, at 5.44%, has been at or slightly above the national average. In the latest quarter, Douglas's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Georgia, our data show that Douglas'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 Douglas differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Douglas - 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 Douglas real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$82,613

Douglas, GA HOME PRICES

Value Range
> $1,092,000 1.1
$818,001 - $1,092,000 0.0
$546,001 - $818,000 0.0
$437,001 - $546,000 1.1
$328,001 - $437,000 2.8
$218,001 - $328,000 7.8
$109,001 - $218,000 25.4
$54,001 - $109,000 35.0
$0 - $54,000 26.7

Low for GA
Very Low for Nation

Value Relative to Nation Value Relative to State
88.808156568616 80.1268498942918

Number Of Homes And Apartments:
4,061

Douglas 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
18.21% 0.97% 5 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$687 / per month

Homeownership Rate

Homeownership
Owners 45.26
Renters 54.74
Vacant 15.54

Housing Market Details

 

Age of Homes

AGE OF Douglas HOMES
2000 or Newer 12.0
1970 - 1999 51.4
1940 - 1969 30.7
1939 or Older 5.9

Types of Homes

TYPE OF Douglas HOMES
Single-Family 65.3
Townhomes 1.2
Small Apt. Buildings 15.5
Apt. Complexes 6.9
Mobile Homes 11.0
Other 0.0

Home Size

SIZE OF Douglas HOMES
No Bedroom 1.60
1 Bedroom 7.61
2 Bedrooms 25.52
3 Bedrooms 51.75
4 Bedrooms 10.54
5 or more bedrooms 2.97