Marietta, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Marietta Neighborhoods Since 2000




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 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

Marietta Housing Market Information

With a population of 59,067, 23,371 total housing units (homes and apartments), and a median house value of $236,896, Marietta real estate is some of the most expensive in Georgia, although Marietta home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Marietta, accounting for 40.31% of the city's housing units. Other types of housing that are prevalent in Marietta include large apartment complexes or high rise apartments ( 39.87%), row houses and other attached homes ( 11.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.25%).

People in Marietta primarily live in small (one, two or no bedroom) single-family detached homes. 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 ( 18.75%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.55%). There's also some housing in Marietta built before 1939 ( 5.18%).

Vacant housing appears to be an issue in Marietta. Fully 11.06% 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

Appreciation rates for homes in Marietta have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.33%, which ranks in the top 50% nationwide. This equates to an annual average Marietta house appreciation rate of 0.13%.

Appreciation rates are so strong in Marietta that despite a nationwide downturn in the housing market, Marietta real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Marietta appreciation rates continue to be some of the highest in America, at 7.72%, which is higher than appreciation rates in 85.40% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Marietta. Marietta appreciation rates in the latest quarter were at 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Marietta's latest annual appreciation rate is higher than 80% 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:
$236,896

Marietta, GA HOME PRICES

Value Range
> $1,273,000 0.7
$955,001 - $1,273,000 1.2
$637,001 - $955,000 4.1
$510,001 - $637,000 2.5
$382,001 - $510,000 8.1
$254,001 - $382,000 21.7
$128,001 - $254,000 31.0
$63,001 - $128,000 21.9
$0 - $63,000 8.8

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
24.6337747568264 8.24524312896406

Number Of Homes And Apartments:
23,371

Marietta 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
27.25% 1.41% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,215 / per month

Homeownership Rate

Homeownership
Owners 40.34
Renters 59.66
Vacant 11.06

Housing Market Details

 

Age of Homes

AGE OF Marietta HOMES
2000 or Newer 14.6
1970 - 1999 61.5
1940 - 1969 18.8
1939 or Older 5.2

Types of Homes

TYPE OF Marietta HOMES
Single-Family 40.3
Townhomes 11.6
Small Apt. Buildings 7.2
Apt. Complexes 39.9
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Marietta HOMES
No Bedroom 2.30
1 Bedroom 16.04
2 Bedrooms 38.09
3 Bedrooms 27.09
4 Bedrooms 11.95
5 or more bedrooms 4.52