Glennville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Glennville, 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

Glennville Housing Market Information

With a population of 5,086, 1,363 total housing units (homes and apartments), and a median house value of $141,433, Glennville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Glennville, accounting for 77.98% of the city's housing units. Other types of housing that are prevalent in Glennville include duplexes, homes converted to apartments or other small apartment buildings ( 12.96%), mobile homes or trailers ( 4.65%), and a few large apartment complexes or high rise apartments ( 4.42%).

The most prevalent building size and type in Glennville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 37.76% owning and 62.24% renting.

There is a lot of housing in Glennville 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 Glennville built between 1940-1969 ( 29.05%). A lesser amount of the housing stock also hails from between 2000 and later ( 24.40%). There's also some housing in Glennville built before 1939 ( 10.98%).

Vacant housing appears to be an issue in Glennville. Fully 20.80% of the housing stock is classified as vacant. Left unchecked, vacant Glennville homes and apartments can be a drag on the real estate market, holding Glennville 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.

Glennville Home Appreciation Rates

Real estate appreciation rates in Glennville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.20% during the period.

Over the last year, Glennville appreciation rates have trailed the rest of the nation. In the last twelve months, Glennville's appreciation rate has been 1.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glennville were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$141,433

Glennville, GA HOME PRICES

Value Range
> $1,082,000 0.8
$811,001 - $1,082,000 0.0
$541,001 - $811,000 0.7
$433,001 - $541,000 0.0
$325,001 - $433,000 4.9
$217,001 - $325,000 14.0
$108,001 - $217,000 39.0
$54,001 - $108,000 24.7
$0 - $54,000 16.0

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
54.1368803468885 38.9006342494715

Number Of Homes And Apartments:
1,363

Glennville 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
43.83% 2.13% 9 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$655 / per month

Homeownership Rate

Homeownership
Owners 37.76
Renters 62.24
Vacant 20.80

Housing Market Details

 

Age of Homes

AGE OF Glennville HOMES
2000 or Newer 24.4
1970 - 1999 35.6
1940 - 1969 29.1
1939 or Older 11.0

Types of Homes

TYPE OF Glennville HOMES
Single-Family 78.0
Townhomes 0.0
Small Apt. Buildings 13.0
Apt. Complexes 4.4
Mobile Homes 4.6
Other 0.0

Home Size

SIZE OF Glennville HOMES
No Bedroom 1.74
1 Bedroom 4.01
2 Bedrooms 30.10
3 Bedrooms 54.74
4 Bedrooms 9.30
5 or more bedrooms 0.12

Popular Neighborhoods in Glennville

Zip Codes in Glennville, GA