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
With 33,140 people, 13,194 houses or apartments, and a median cost of homes of $128,781, 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 64.22% of the city's housing units. Other types of housing that are prevalent in Hinesville include large apartment complexes or high rise apartments ( 15.47%), duplexes, homes converted to apartments or other small apartment buildings ( 11.13%), and a few mobile homes or trailers ( 6.93%).
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 42.34% owning and 57.66% 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 ( 21.13%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.60%).
Vacant housing appears to be an issue in Hinesville. Fully 16.08% 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.
Homes have actually lost value in Hinesville over the last then years, as home values have seen a decline of 15.01% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Hinesville home appreciation rates at 0.84%, which equates to an annual appreciation rate of 3.39%.
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 6.58%, which is higher than appreciation rates in 71.56% 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 0.84%, which equates to an annual appreciation rate of 3.39%.
Relative to Georgia, our data show that Hinesville's latest annual appreciation rate is higher than 70% 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.
|$760,001 - $1,014,000||0.2|
|$506,001 - $760,000||0.0|
|$405,001 - $506,000||0.5|
|$304,001 - $405,000||2.7|
|$202,001 - $304,000||8.0|
|$101,001 - $202,000||55.8|
|$51,001 - $101,000||28.0|
|$0 - $51,000||4.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
2000 Q1 - 2019 Q1
|* 10 is highest|
|AGE OF Hinesville HOMES|
|2000 or Newer||21.1|
|1970 - 1999||66.4|
|1940 - 1969||11.6|
|1939 or Older||0.9|
|TYPE OF Hinesville HOMES|
|Small Apt. Buildings||11.1|
|SIZE OF Hinesville HOMES|
|5 or more bedrooms||1.69|