McCaysville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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McCaysville, 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

McCaysville Housing Market Information

With 1,083 people, 526 houses or apartments, and a median cost of homes of $160,203, McCaysville 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 McCaysville, accounting for 56.39% of the city's housing units. Other types of housing that are prevalent in McCaysville include mobile homes or trailers ( 17.13%), large apartment complexes or high rise apartments ( 16.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.50%).

People in McCaysville primarily live in small (one, two or no bedroom) single-family detached homes. McCaysville has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. McCaysville's housing was primarily built during this period, from the '40s through the '60s. A full 39.56% of the city's housing hails from this era. Other housing ages represented in McCaysville include homes built between 1970-1999 ( 30.84%) and housing constructed before 1939 ( 17.13%). There's also some housing in McCaysville built between 2000 and later ( 12.46%).

Vacant housing appears to be an issue in McCaysville. Fully 18.07% of the housing stock is classified as vacant. Left unchecked, vacant McCaysville homes and apartments can be a drag on the real estate market, holding McCaysville 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.

McCaysville Home Appreciation Rates

Real estate appreciation rates in McCaysville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.28% during the period.

NeighborhoodScout's data show that during the latest twelve months, McCaysville's appreciation rate, at 5.14%, has been at or slightly above the national average. In the latest quarter, McCaysville's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$160,203

McCaysville, GA HOME PRICES

Value Range
> $1,156,000 1.1
$867,001 - $1,156,000 0.0
$578,001 - $867,000 2.7
$463,001 - $578,000 1.7
$347,001 - $463,000 6.7
$231,001 - $347,000 17.6
$115,001 - $231,000 30.0
$58,001 - $115,000 23.1
$0 - $58,000 17.1

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
45.611156685808 27.061310782241

Number Of Homes And Apartments:
526

McCaysville 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
54.11% 2.54% 10 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$883 / per month

Homeownership Rate

Homeownership
Owners 44.87
Renters 55.13
Vacant 18.07

Housing Market Details

 

Age of Homes

AGE OF McCaysville HOMES
2000 or Newer 12.5
1970 - 1999 30.8
1940 - 1969 39.6
1939 or Older 17.1

Types of Homes

TYPE OF McCaysville HOMES
Single-Family 56.4
Townhomes 0.8
Small Apt. Buildings 9.5
Apt. Complexes 16.2
Mobile Homes 17.1
Other 0.0

Home Size

SIZE OF McCaysville HOMES
No Bedroom 0.47
1 Bedroom 20.40
2 Bedrooms 29.44
3 Bedrooms 39.10
4 Bedrooms 9.35
5 or more bedrooms 1.25

Popular Neighborhoods in McCaysville

Zip Codes in McCaysville, GA