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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,969 people, 1,628 houses or apartments, and a median cost of homes of $238,829, house prices in Metter are solidly below the national average.
Single-family detached homes are the single most common housing type in Metter, accounting for 55.75% of the city's housing units. Other types of housing that are prevalent in Metter include mobile homes or trailers ( 23.77%), duplexes, homes converted to apartments or other small apartment buildings ( 11.44%), and a few row houses and other attached homes ( 5.25%).
The most prevalent building size and type in Metter are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.21% owning and 55.79% renting.
There is a lot of housing in Metter 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 Metter built between 1940-1969 ( 25.17%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.62%). There's also some housing in Metter built before 1939 ( 7.09%).
Real estate appreciation rates in Metter's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.98% during the period.
Appreciation rates are so strong in Metter that despite a nationwide downturn in the housing market, Metter real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Metter appreciation rates continue to be some of the highest in America, at 6.97%, which is higher than appreciation rates in 74.08% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Metter. Metter appreciation rates in the latest quarter were at 1.22%, which equates to an annual appreciation rate of 4.98%.
Relative to Georgia, our data show that Metter's latest annual appreciation rate is higher than 50% of the other cities and towns in Georgia.
$238,829
for Georgia
for nation
1,628
$1,099 / per month