Hinesville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Hinesville Neighborhoods Since 2000




Hinesville, 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 Q2 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

Hinesville Housing Market Information

With 33,398 people, 12,914 houses or apartments, and a median cost of homes of $135,944, house prices in Hinesville are solidly below the national average.

Single-family detached homes are the single most common housing type in Hinesville, accounting for 63.36% of the city's housing units. Other types of housing that are prevalent in Hinesville include large apartment complexes or high rise apartments ( 15.04%), duplexes, homes converted to apartments or other small apartment buildings ( 11.06%), and a few mobile homes or trailers ( 7.94%).

The most prevalent building size and type in Hinesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.38% owning and 55.62% renting.

There is a lot of housing in Hinesville 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 Hinesville built between 2000 and later ( 19.25%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.20%). There's also some housing in Hinesville built before 1939 ( 1.63%).

Vacant housing appears to be an issue in Hinesville. Fully 15.84% of the housing stock is classified as vacant. Left unchecked, vacant Hinesville homes and apartments can be a drag on the real estate market, holding Hinesville 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.

Hinesville Home Appreciation Rates

Hinesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hinesville during the period has been just -0.81%, which is lower than 70% of US communities.

Appreciation rates are so strong in Hinesville that despite a nationwide downturn in the housing market, Hinesville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hinesville appreciation rates continue to be some of the highest in America, at 9.99%, which is higher than appreciation rates in 92.62% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hinesville. Hinesville appreciation rates in the latest quarter were at 10.50%, which equates to an annual appreciation rate of 49.10%.

Importantly, NeighborhoodScout’s exclusive research found that Hinesville's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Georgia, our data show that Hinesville'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 Hinesville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hinesville - 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 Hinesville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$135,944

Hinesville, GA HOME PRICES

Value Range
> $1,047,000 0.1
$785,001 - $1,047,000 0.2
$523,001 - $785,000 0.6
$419,001 - $523,000 0.3
$314,001 - $419,000 3.0
$209,001 - $314,000 10.5
$105,001 - $209,000 53.5
$52,001 - $105,000 24.7
$0 - $52,000 7.0

Average for GA
Average for Nation

Value Relative to Nation Value Relative to State
58.2411148193688 44.1860465116279

Number Of Homes And Apartments:
12,914

Hinesville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
26.01% 1.33% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,404 / per month

Homeownership Rate

Homeownership
Owners 44.38
Renters 55.62
Vacant 15.84

Housing Market Details

 

Age of Homes

AGE OF Hinesville HOMES
2000 or Newer 19.3
1970 - 1999 67.9
1940 - 1969 11.2
1939 or Older 1.6

Types of Homes

TYPE OF Hinesville HOMES
Single-Family 63.4
Townhomes 2.6
Small Apt. Buildings 11.1
Apt. Complexes 15.0
Mobile Homes 7.9
Other 0.0

Home Size

SIZE OF Hinesville HOMES
No Bedroom 0.87
1 Bedroom 4.64
2 Bedrooms 25.57
3 Bedrooms 51.97
4 Bedrooms 15.75
5 or more bedrooms 1.19