Hawkinsville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hawkinsville, 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

Hawkinsville Housing Market Information

With a population of 5,471, 1,545 total housing units (homes and apartments), and a median house value of $132,879, house prices in Hawkinsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Hawkinsville, accounting for 78.63% of the city's housing units. Other types of housing that are prevalent in Hawkinsville include large apartment complexes or high rise apartments ( 9.65%), duplexes, homes converted to apartments or other small apartment buildings ( 6.81%), and a few mobile homes or trailers ( 4.13%).

Renters dominate Hawkinsville's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

There is a lot of housing in Hawkinsville 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 Hawkinsville built between 1940-1969 ( 35.93%). A lesser amount of the housing stock also hails from before 1939 ( 13.01%). There's also some housing in Hawkinsville built between 2000 and later ( 10.27%).

Vacant housing appears to be an issue in Hawkinsville. Fully 20.24% of the housing stock is classified as vacant. Left unchecked, vacant Hawkinsville homes and apartments can be a drag on the real estate market, holding Hawkinsville 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.

Hawkinsville Home Appreciation Rates

Appreciation rates for homes in Hawkinsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.61%, which ranks in the top 40% nationwide. This equates to an annual average Hawkinsville house appreciation rate of 0.83%.

Appreciation rates are so strong in Hawkinsville that despite a nationwide downturn in the housing market, Hawkinsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hawkinsville appreciation rates continue to be some of the highest in America, at 6.04%, which is higher than appreciation rates in 74.42% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hawkinsville. Hawkinsville appreciation rates in the latest quarter were at 4.67%, which equates to an annual appreciation rate of 20.04%.

Importantly, this makes Hawkinsville 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 Hawkinsville's latest annual appreciation rate is higher than 60% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$132,879

Hawkinsville, GA HOME PRICES

Value Range
> $1,098,000 0.0
$824,001 - $1,098,000 0.1
$549,001 - $824,000 0.7
$439,001 - $549,000 2.0
$329,001 - $439,000 4.7
$219,001 - $329,000 14.7
$110,001 - $219,000 30.3
$55,001 - $110,000 22.5
$0 - $55,000 25.0

Average for GA
Average for Nation

Value Relative to Nation Value Relative to State
58.3323567326849 43.9746300211417

Number Of Homes And Apartments:
1,545

Hawkinsville 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
32.36% 1.64% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$756 / per month

Homeownership Rate

Homeownership
Owners 31.00
Renters 69.00
Vacant 20.24

Housing Market Details

 

Age of Homes

AGE OF Hawkinsville HOMES
2000 or Newer 10.3
1970 - 1999 40.8
1940 - 1969 35.9
1939 or Older 13.0

Types of Homes

TYPE OF Hawkinsville HOMES
Single-Family 78.6
Townhomes 0.8
Small Apt. Buildings 6.8
Apt. Complexes 9.7
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Hawkinsville HOMES
No Bedroom 0.00
1 Bedroom 7.95
2 Bedrooms 35.73
3 Bedrooms 47.70
4 Bedrooms 7.49
5 or more bedrooms 1.14

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Zip Codes in Hawkinsville, GA