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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 2,755, 714 total housing units (homes and apartments), and a median house value of $240,654, Guyton 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 Guyton, accounting for 75.25% of the city's housing units. Other types of housing that are prevalent in Guyton include mobile homes or trailers ( 24.13%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Guyton. Owner-occupied housing accounts for 72.83% of Guyton's homes, and 82.25% have either three or four bedrooms, which is average sized relative to America.
Guyton homes and real estate are some of the newest in America. 64.88% of Guyton'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 Guyton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 23.75%), and between 1940-1969 ( 6.38%). There's also some housing in Guyton built before 1939 ( 5.00%).
Vacant housing appears to be an issue in Guyton. Fully 10.75% of the housing stock is classified as vacant. Left unchecked, vacant Guyton homes and apartments can be a drag on the real estate market, holding Guyton 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.
Appreciation rates for homes in Guyton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.41%, which ranks in the top 40% nationwide. This equates to an annual average Guyton house appreciation rate of 6.76%.
Appreciation rates are so strong in Guyton that despite a nationwide downturn in the housing market, Guyton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Guyton appreciation rates continue to be some of the highest in America, at 9.44%, which is higher than appreciation rates in 93.98% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Guyton. Guyton appreciation rates in the latest quarter were at 6.68%, which equates to an annual appreciation rate of 29.51%.
Importantly, this makes Guyton 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 Guyton's latest annual appreciation rate is higher than 90% 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 Guyton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Guyton - 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 Guyton real estate investment or home purchase decisions.
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