Douglasville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Douglasville Neighborhoods Since 2000




Douglasville, 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

Douglasville Housing Market Information

With 32,897 people, 11,926 houses or apartments, and a median cost of homes of $131,607, house prices in Douglasville are solidly below the national average.

Single-family detached homes are the single most common housing type in Douglasville, accounting for 46.70% of the city's housing units. Other types of housing that are prevalent in Douglasville include large apartment complexes or high rise apartments ( 35.57%), duplexes, homes converted to apartments or other small apartment buildings ( 8.91%), and a few row houses and other attached homes ( 7.07%).

The most prevalent building size and type in Douglasville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.77% owning and 58.23% renting.

Douglasville homes and real estate are some of the newest in America. 45.28% of Douglasville's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Douglasville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.90%), and between 1940-1969 ( 12.28%). There's also some housing in Douglasville built before 1939 ( 1.54%).

Vacant housing appears to be an issue in Douglasville. Fully 10.78% of the housing stock is classified as vacant. Left unchecked, vacant Douglasville homes and apartments can be a drag on the real estate market, holding Douglasville 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.

Douglasville Home Appreciation Rates

Douglasville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Douglasville during the period has been just -1.98%, which is lower than 80% of US communities.

Appreciation rates are so strong in Douglasville that despite a nationwide downturn in the housing market, Douglasville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Douglasville appreciation rates continue to be some of the highest in America, at 7.41%, which is higher than appreciation rates in 83.60% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Douglasville. Douglasville appreciation rates in the latest quarter were at 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Douglasville's latest annual appreciation rate is higher than 80% 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 Douglasville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Douglasville - 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 Douglasville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$131,607

Douglasville, GA HOME PRICES

Value Range
> $1,249,000 0.5
$937,001 - $1,249,000 0.2
$625,001 - $937,000 0.5
$500,001 - $625,000 0.7
$375,001 - $500,000 3.3
$250,001 - $375,000 10.1
$125,001 - $250,000 42.2
$62,001 - $125,000 32.6
$0 - $62,000 9.9

Average for GA
Average for Nation

Value Relative to Nation Value Relative to State
59.0150005859604 45.0317124735729

Number Of Homes And Apartments:
11,926

Douglasville 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
0.33% 0.02% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,096 / per month

Homeownership Rate

Homeownership
Owners 41.77
Renters 58.23
Vacant 10.78

Housing Market Details

 

Age of Homes

AGE OF Douglasville HOMES
2000 or Newer 45.3
1970 - 1999 40.9
1940 - 1969 12.3
1939 or Older 1.5

Types of Homes

TYPE OF Douglasville HOMES
Single-Family 46.7
Townhomes 7.1
Small Apt. Buildings 8.9
Apt. Complexes 35.6
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Douglasville HOMES
No Bedroom 0.74
1 Bedroom 11.83
2 Bedrooms 32.96
3 Bedrooms 32.95
4 Bedrooms 14.86
5 or more bedrooms 6.65