Marietta GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Marietta, 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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Marietta Housing Market Information

With a population of 60,806, 23,677 total housing units (homes and apartments), and a median house value of $310,881, Marietta real estate is some of the most expensive in Georgia, although Marietta home values aren't among America's most expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Marietta, accounting for 40.49% of the city's housing units. Other types of housing that are prevalent in Marietta include single-family detached homes ( 39.84%), row houses and other attached homes ( 13.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.09%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

People in Marietta primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Marietta has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Marietta 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 Marietta built between 1940-1969 ( 17.87%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.93%). There's also some housing in Marietta built before 1939 ( 5.40%).

Vacant housing appears to be an issue in Marietta. Fully 10.05% of the housing stock is classified as vacant. Left unchecked, vacant Marietta homes and apartments can be a drag on the real estate market, holding Marietta 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.

Marietta Home Appreciation Rates

In the last 10 years, Marietta has experienced some of the highest home appreciation rates of any community in the nation. Marietta real estate appreciated 43.91% over the last ten years, which is an average annual home appreciation rate of 3.71%, putting Marietta in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Marietta 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, Marietta's appreciation rate, at 3.96%, has been at or slightly above the national average. In the latest quarter, Marietta's appreciation rate has been 2.90%, which annualizes to a rate of 12.11%.

Importantly, this makes Marietta one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$310,881

Marietta, GA HOME PRICES

Value Range
> $1,365,000 1.1
$1,024,001 - $1,365,000 1.6
$682,001 - $1,024,000 4.6
$546,001 - $682,000 3.8
$410,001 - $546,000 11.5
$273,001 - $410,000 23.0
$136,001 - $273,000 29.5
$68,001 - $136,000 18.3
$0 - $68,000 6.5

Very High for GA
Very High for Nation

Value Relative to Nation Value Relative to State
19.1357664233577 5.90717299578059

Number Of Homes And Apartments:
23,677

Marietta Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
56.25% 2.29%
8
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,471 / per month

Homeownership Rate

Homeownership
Owners 38.46
Renters 61.54
Vacant 10.05

Housing Market Details

 

Age of Homes

AGE OF Marietta HOMES
2000 or Newer 14.9
1970 - 1999 61.8
1940 - 1969 17.9
1939 or Older 5.4

Types of Homes

TYPE OF Marietta HOMES
Single-Family 39.8
Townhomes 13.9
Small Apt. Buildings 5.1
Apt. Complexes 40.5
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Marietta HOMES
No Bedroom 2.17
1 Bedroom 15.71
2 Bedrooms 38.73
3 Bedrooms 26.21
4 Bedrooms 12.40
5 or more bedrooms 4.77