Kennesaw GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



map preview
Please wait, loading your map...




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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Kennesaw Housing Market Information

With 34,077 people, 12,807 houses or apartments, and a median cost of homes of $280,114, Kennesaw real estate is some of the most expensive in Georgia, although Kennesaw home values aren't among America's most expensive.

Mobile homes or trailers are the single most common housing type in Kennesaw, accounting for 0.00% of the city's housing units.

The most prevalent building size and type in Kennesaw are three and four bedroom dwellings, chiefly found in mobile homes or trailers. The city has a mixture of owners and renters, with 59.95% owning and 40.05% 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 ( 30.48%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.88%).

Kennesaw Home Appreciation Rates

In the last 10 years, Kennesaw has experienced some of the highest home appreciation rates of any community in the nation. Kennesaw real estate appreciated 53.94% over the last ten years, which is an average annual home appreciation rate of 4.41%, putting Kennesaw in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kennesaw definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Kennesaw's appreciation rate, at 4.67%, has been at or slightly above the national average. In the latest quarter, Kennesaw's appreciation rate has been 1.14%, which annualizes to a rate of 4.64%.

Relative to Georgia, our data show that Kennesaw's latest annual appreciation rate is lower 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:
$280,114

Kennesaw, GA HOME PRICES

Value Range
> $1,321,000 0.8
$991,001 - $1,321,000 0.2
$660,001 - $991,000 5.8
$528,001 - $660,000 2.5
$396,001 - $528,000 7.9
$264,001 - $396,000 30.2
$132,001 - $264,000 44.1
$66,001 - $132,000 5.8
$0 - $66,000 2.8

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
24.4992700729927 10.126582278481

Number Of Homes And Apartments:
12,807

Kennesaw Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
61.33% 2.33%
8
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,827 / per month

Homeownership Rate

Homeownership
Owners 59.95
Renters 40.05
Vacant 4.18

Housing Market Details

 

Age of Homes

AGE OF Kennesaw HOMES
2000 or Newer 30.5
1970 - 1999 65.2
1940 - 1969 3.9
1939 or Older 0.4

Types of Homes

TYPE OF Kennesaw HOMES
Single-Family 0.0
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Kennesaw HOMES
No Bedroom 1.21
1 Bedroom 6.25
2 Bedrooms 21.49
3 Bedrooms 46.32
4 Bedrooms 17.67
5 or more bedrooms 7.07