Hahira, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hahira, 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

Hahira Housing Market Information

With 2,899 people, 958 houses or apartments, and a median cost of homes of $173,190, Hahira 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 Hahira, accounting for 78.81% of the city's housing units. Other types of housing that are prevalent in Hahira include mobile homes or trailers ( 8.87%), large apartment complexes or high rise apartments ( 6.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.88%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hahira. Owner-occupied housing accounts for 69.10% of Hahira's homes, and 74.02% have either three or four bedrooms, which is average sized relative to America.

Hahira homes and real estate are some of the newest in America. 39.89% of Hahira'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 Hahira real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 27.39%), and between 1970-1999 ( 26.33%). There's also some housing in Hahira built before 1939 ( 6.38%).

Vacant housing appears to be an issue in Hahira. Fully 15.07% of the housing stock is classified as vacant. Left unchecked, vacant Hahira homes and apartments can be a drag on the real estate market, holding Hahira 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.

Hahira Home Appreciation Rates

Hahira's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hahira during the period has been just -0.91%, which is lower than 70% of US communities.

Over the last year, Hahira appreciation rates have trailed the rest of the nation. In the last twelve months, Hahira's appreciation rate has been -1.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hahira were at 1.05%, which equates to an annual appreciation rate of 4.27%.

Relative to Georgia, our data show that Hahira's latest annual appreciation rate is lower than 90% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$173,190

Hahira, GA HOME PRICES

Value Range
> $1,003,000 0.0
$753,001 - $1,003,000 0.8
$502,001 - $753,000 1.6
$402,001 - $502,000 0.8
$301,001 - $402,000 12.6
$201,001 - $301,000 23.8
$100,001 - $201,000 31.7
$50,001 - $100,000 19.4
$0 - $50,000 9.3

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
40.542599320286 22.1987315010571

Number Of Homes And Apartments:
958

Hahira 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
21.50% 1.14% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$947 / per month

Homeownership Rate

Homeownership
Owners 69.10
Renters 30.90
Vacant 15.07

Housing Market Details

 

Age of Homes

AGE OF Hahira HOMES
2000 or Newer 39.9
1970 - 1999 26.3
1940 - 1969 27.4
1939 or Older 6.4

Types of Homes

TYPE OF Hahira HOMES
Single-Family 78.8
Townhomes 1.4
Small Apt. Buildings 4.9
Apt. Complexes 6.0
Mobile Homes 8.9
Other 0.0

Home Size

SIZE OF Hahira HOMES
No Bedroom 2.30
1 Bedroom 3.10
2 Bedrooms 19.95
3 Bedrooms 56.65
4 Bedrooms 17.38
5 or more bedrooms 0.62

Popular Neighborhoods in Hahira

Zip Codes in Hahira, GA