Kennesaw, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Kennesaw Neighborhoods Since 2000




Kennesaw, 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

Kennesaw Housing Market Information

With a population of 33,584, 12,681 total housing units (homes and apartments), and a median house value of $228,698, Kennesaw real estate is some of the most expensive in Georgia, although Kennesaw home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Kennesaw, accounting for 55.77% of the city's housing units. Other types of housing that are prevalent in Kennesaw include large apartment complexes or high rise apartments ( 21.34%), row houses and other attached homes ( 15.31%), and a few mobile homes or trailers ( 4.39%).

The most prevalent building size and type in Kennesaw are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.24% owning and 39.76% renting.

There is a lot of housing in Kennesaw 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 Kennesaw built between 2000 and later ( 36.40%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.25%).

Kennesaw Home Appreciation Rates

Real estate appreciation rates in Kennesaw's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.48% during the period.

NeighborhoodScout's data show that during the latest twelve months, Kennesaw's appreciation rate, at 5.42%, has been at or slightly above the national average. In the latest quarter, Kennesaw's appreciation rate has been 1.10%, which annualizes to a rate of 4.47%.

Relative to Georgia, our data show that Kennesaw's latest annual appreciation rate is higher than 60% 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 Kennesaw differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kennesaw - 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 Kennesaw real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$228,698

Kennesaw, GA HOME PRICES

Value Range
> $1,238,000 0.1
$929,001 - $1,238,000 0.2
$619,001 - $929,000 3.4
$495,001 - $619,000 2.4
$371,001 - $495,000 5.5
$248,001 - $371,000 19.0
$124,001 - $248,000 52.3
$62,001 - $124,000 12.3
$0 - $62,000 4.9

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
26.0225008789406 9.09090909090909

Number Of Homes And Apartments:
12,681

Kennesaw 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
19.37% 1.03% 5 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,510 / per month

Homeownership Rate

Homeownership
Owners 60.24
Renters 39.76
Vacant 6.70

Housing Market Details

 

Age of Homes

AGE OF Kennesaw HOMES
2000 or Newer 36.4
1970 - 1999 56.1
1940 - 1969 7.3
1939 or Older 0.2

Types of Homes

TYPE OF Kennesaw HOMES
Single-Family 55.8
Townhomes 15.3
Small Apt. Buildings 2.8
Apt. Complexes 21.3
Mobile Homes 4.4
Other 0.4

Home Size

SIZE OF Kennesaw HOMES
No Bedroom 1.06
1 Bedroom 7.02
2 Bedrooms 23.48
3 Bedrooms 44.06
4 Bedrooms 17.01
5 or more bedrooms 7.37