Grayson, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Grayson Neighborhoods Since 2000




Grayson, GA Real Estate Data


Grayson Housing Market Information

With a population of 3,147, 800 total housing units (homes and apartments), and a median house value of $252,381, 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 86.83% of Grayson's homes, and 70.20% 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. 57.69% 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 ( 38.14%), and between 1940-1969 ( 4.17%).

Grayson Home Appreciation Rates

Real estate appreciation rates in Grayson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.27% during the period.

Appreciation rates are so strong in Grayson that despite a nationwide downturn in the housing market, Grayson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Grayson appreciation rates continue to be some of the highest in America, at 8.47%, which is higher than appreciation rates in 93.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Grayson. Grayson appreciation rates in the latest quarter were at 2.99%, which equates to an annual appreciation rate of 12.51%.

Importantly, this makes Grayson 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 Grayson's latest annual appreciation rate is higher than 90% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$252,381

Grayson, GA HOME PRICES

Value Range
> $1,364,000 0.1
$1,023,001 - $1,364,000 0.0
$682,001 - $1,023,000 0.3
$546,001 - $682,000 3.4
$409,001 - $546,000 7.5
$273,001 - $409,000 32.1
$136,001 - $273,000 50.2
$68,001 - $136,000 5.0
$0 - $68,000 1.4

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
22.7557533524624 7.61099365750529

Number Of Homes And Apartments:
800

Rent & Ownership

 

Average Market Rent:
$1,635 / per month

Homeownership Rate

Homeownership
Owners 86.83
Renters 13.17
Vacant 4.65

Housing Market Details

 

Age of Homes

AGE OF Grayson HOMES
2000 or Newer 57.7
1970 - 1999 38.1
1940 - 1969 4.2
1939 or Older 0.0

Types of Homes

TYPE OF Grayson HOMES
Single-Family 97.7
Townhomes 1.8
Small Apt. Buildings 0.0
Apt. Complexes 0.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Grayson HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 2.38
3 Bedrooms 35.28
4 Bedrooms 34.92
5 or more bedrooms 27.41

Grayson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
18.60% 1.01% 5 2
* 10 is highest