Flowery Branch, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Flowery Branch Neighborhoods Since 2000




Flowery Branch, 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

Flowery Branch Housing Market Information

With 6,683 people, 2,407 houses or apartments, and a median cost of homes of $213,371, Flowery Branch real estate is some of the most expensive in Georgia, although Flowery Branch home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Flowery Branch, accounting for 52.00% of the city's housing units. Other types of housing that are prevalent in Flowery Branch include large apartment complexes or high rise apartments ( 20.76%), row houses and other attached homes ( 13.79%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.15%).

The most prevalent building size and type in Flowery Branch are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.50% owning and 43.50% renting.

Flowery Branch homes and real estate are some of the newest in America. 64.23% of Flowery Branch'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 Flowery Branch real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 24.15%), and between 1940-1969 ( 9.83%). There's also some housing in Flowery Branch built before 1939 ( 1.79%).

Flowery Branch Home Appreciation Rates

Flowery Branch's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Flowery Branch during the period has been just -0.94%, which is lower than 70% of US communities.

Appreciation rates are so strong in Flowery Branch that despite a nationwide downturn in the housing market, Flowery Branch real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Flowery Branch appreciation rates continue to be some of the highest in America, at 7.23%, which is higher than appreciation rates in 82.60% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Flowery Branch. Flowery Branch appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.56%.

Importantly, this makes Flowery Branch one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Georgia, our data show that Flowery Branch's latest annual appreciation rate is higher than 80% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$213,371

Flowery Branch, GA HOME PRICES

Value Range
> $1,227,000 0.0
$920,001 - $1,227,000 2.2
$613,001 - $920,000 1.1
$491,001 - $613,000 2.9
$368,001 - $491,000 9.2
$245,001 - $368,000 17.9
$123,001 - $245,000 52.0
$62,001 - $123,000 9.0
$0 - $62,000 5.7

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
29.1163717332708 12.262156448203

Number Of Homes And Apartments:
2,407

Flowery Branch 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
13.66% 0.75% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,219 / per month

Homeownership Rate

Homeownership
Owners 56.50
Renters 43.50
Vacant 8.30

Housing Market Details

 

Age of Homes

AGE OF Flowery Branch HOMES
2000 or Newer 64.2
1970 - 1999 24.2
1940 - 1969 9.8
1939 or Older 1.8

Types of Homes

TYPE OF Flowery Branch HOMES
Single-Family 52.0
Townhomes 13.8
Small Apt. Buildings 8.2
Apt. Complexes 20.8
Mobile Homes 5.3
Other 0.0

Home Size

SIZE OF Flowery Branch HOMES
No Bedroom 0.00
1 Bedroom 8.19
2 Bedrooms 36.19
3 Bedrooms 29.10
4 Bedrooms 17.10
5 or more bedrooms 9.41