Grayson, GA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Grayson, GA Housing Market Trends

With 4,452 people, 1,245 houses or apartments, and a median cost of homes of $290,736, Grayson real estate is some of the most expensive in Georgia, although Grayson home values aren't among America's most expensive.

Grayson is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Grayson than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Grayson. Owner-occupied housing accounts for 95.50% of Grayson's homes, and 66.11% have either three or four bedrooms, which is average sized relative to America.

Grayson homes and real estate are some of the newest in America. 75.40% of Grayson'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 Grayson real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 21.43%), and between 1940-1969 ( 1.75%). There's also some housing in Grayson built before 1939 ( 1.43%).

Grayson Home Appreciation Rates

In the last 10 years, Grayson has experienced some of the highest home appreciation rates of any community in the nation. Grayson real estate appreciated 64.84% over the last ten years, which is an average annual home appreciation rate of 5.13%, putting Grayson in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Grayson definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Grayson's appreciation rate, at 5.81%, has been at or slightly above the national average. In the latest quarter, Grayson's appreciation rate has been 2.10%, which annualizes to a rate of 8.68%.

Relative to Georgia, our data show that Grayson's latest annual appreciation rate is lower than 60% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$290,736

Grayson, GA HOME PRICES

> $1,231,000
0.6%
0.6%
$923,001 - $1,231,000
0.2%
0.2%
$615,001 - $923,000
1.8%
1.8%
$492,001 - $615,000
5.6%
5.6%
$370,001 - $492,000
22.2%
22.2%
$246,001 - $370,000
33.9%
33.9%
$123,001 - $246,000
32.7%
32.7%
$62,001 - $123,000
1.9%
1.9%
$0 - $62,000
1.1%
1.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for GA

Value Relative To Nation

Number Of Homes And Apartments:
1,245

Grayson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
56.00% 2.14%
6
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,747 / per month

Homeownership Rate

Owners
95.5%
95.5%
Renters
4.5%
4.5%
Vacant
1.2%
1.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
75.4%
75.4%
1970 - 1999
21.4%
21.4%
1940 - 1969
1.7%
1.7%
1939 or Older
1.4%
1.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
97.6%
97.6%
Townhomes
1.5%
1.5%
Small Apt. Buildings
0.0%
0.0%
Apt. Complexes
0.9%
0.9%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
0.6%
0.6%
2 Bedrooms
2.9%
2.9%
3 Bedrooms
33.0%
33.0%
4 Bedrooms
33.1%
33.1%
5 or more bedrooms
29.5%
29.5%
0.0% 100.0%
% OF HOMES