Eatonton, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Eatonton Neighborhoods Since 2000




Eatonton, 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

Eatonton Housing Market Information

With 6,520 people, 2,552 houses or apartments, and a median cost of homes of $87,914, house prices in Eatonton are solidly below the national average.

Single-family detached homes are the single most common housing type in Eatonton, accounting for 61.95% of the city's housing units. Other types of housing that are prevalent in Eatonton include mobile homes or trailers ( 33.39%), large apartment complexes or high rise apartments ( 2.56%), and a few row houses and other attached homes ( 1.28%).

The most prevalent building size and type in Eatonton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.02% owning and 41.98% renting.

There is a lot of housing in Eatonton 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 Eatonton built between 1940-1969 ( 24.29%). A lesser amount of the housing stock also hails from before 1939 ( 13.76%). There's also some housing in Eatonton built between 2000 and later ( 13.53%).

Vacant housing appears to be an issue in Eatonton. Fully 16.22% of the housing stock is classified as vacant. Left unchecked, vacant Eatonton homes and apartments can be a drag on the real estate market, holding Eatonton 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.

Eatonton Home Appreciation Rates

Eatonton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Eatonton during the period has been just -1.93%, which is lower than 80% of US communities.

Over the last year, Eatonton appreciation rates have trailed the rest of the nation. In the last twelve months, Eatonton's appreciation rate has been 3.00%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Eatonton were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$87,914

Eatonton, GA HOME PRICES

Value Range
> $1,060,000 0.9
$795,001 - $1,060,000 0.0
$530,001 - $795,000 3.2
$424,001 - $530,000 1.2
$318,001 - $424,000 2.0
$212,001 - $318,000 2.6
$106,001 - $212,000 24.0
$53,001 - $106,000 37.5
$0 - $53,000 28.6

Low for GA
Very Low for Nation

Value Relative to Nation Value Relative to State
85.5560764092347 76.7441860465116

Number Of Homes And Apartments:
2,552

Eatonton 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
32.91% 1.66% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$699 / per month

Homeownership Rate

Homeownership
Owners 58.02
Renters 41.98
Vacant 16.22

Housing Market Details

 

Age of Homes

AGE OF Eatonton HOMES
2000 or Newer 13.5
1970 - 1999 48.4
1940 - 1969 24.3
1939 or Older 13.8

Types of Homes

TYPE OF Eatonton HOMES
Single-Family 62.0
Townhomes 1.3
Small Apt. Buildings 0.8
Apt. Complexes 2.6
Mobile Homes 33.4
Other 0.0

Home Size

SIZE OF Eatonton HOMES
No Bedroom 0.00
1 Bedroom 2.33
2 Bedrooms 24.69
3 Bedrooms 54.92
4 Bedrooms 14.61
5 or more bedrooms 3.45