Hiram, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Hiram Neighborhoods Since 2000




Hiram, 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

Hiram Housing Market Information

With 3,792 people, 1,496 houses or apartments, and a median cost of homes of $145,129, Hiram 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 Hiram, accounting for 62.32% of the city's housing units. Other types of housing that are prevalent in Hiram include row houses and other attached homes ( 21.73%), duplexes, homes converted to apartments or other small apartment buildings ( 14.98%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hiram. Owner-occupied housing accounts for 65.45% of Hiram's homes, and 68.68% have either three or four bedrooms, which is average sized relative to America.

Hiram homes and real estate are some of the newest in America. 59.79% of Hiram'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 Hiram real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.60%), and between 1940-1969 ( 3.57%). There's also some housing in Hiram built before 1939 ( 1.04%).

Hiram Home Appreciation Rates

Real estate appreciation rates in Hiram's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.77% during the period.

NeighborhoodScout's data show that during the latest twelve months, Hiram's appreciation rate, at 3.67%, has been at or slightly above the national average. In the latest quarter, Hiram's appreciation rate has been 1.10%, which annualizes to a rate of 4.47%.

Relative to Georgia, our data show that Hiram's latest annual appreciation rate is lower than 50% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$145,129

Hiram, GA HOME PRICES

Value Range
> $1,314,000 0.0
$985,001 - $1,314,000 0.1
$657,001 - $985,000 0.0
$526,001 - $657,000 0.5
$394,001 - $526,000 0.8
$263,001 - $394,000 8.9
$131,001 - $263,000 54.8
$65,001 - $131,000 26.8
$0 - $65,000 8.0

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
52.0860189851166 34.8837209302326

Number Of Homes And Apartments:
1,496

Hiram 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
7.51% 0.42% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,438 / per month

Homeownership Rate

Homeownership
Owners 65.45
Renters 34.55
Vacant 2.98

Housing Market Details

 

Age of Homes

AGE OF Hiram HOMES
2000 or Newer 59.8
1970 - 1999 35.6
1940 - 1969 3.6
1939 or Older 1.0

Types of Homes

TYPE OF Hiram HOMES
Single-Family 62.3
Townhomes 21.7
Small Apt. Buildings 15.0
Apt. Complexes 0.0
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Hiram HOMES
No Bedroom 7.65
1 Bedroom 2.72
2 Bedrooms 17.70
3 Bedrooms 55.38
4 Bedrooms 13.29
5 or more bedrooms 3.24