Milton, GA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Milton, GA Housing Market Trends

With 39,587 people, 13,540 houses or apartments, and a median cost of homes of $658,264, Milton house prices are not only among the most expensive in Georgia, Milton real estate also is some of the most expensive in all of America.

Milton is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Milton than is found in 98% of the communities in America.

The large homes that make up Milton are primarily owner-occupied ( 76.35%).

Milton homes and real estate are some of the newest in America. 52.40% of Milton's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Milton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.99%), and between 1940-1969 ( 1.80%).

Milton Home Appreciation Rates

In the last 10 years, Milton has experienced some of the highest home appreciation rates of any community in the nation. Milton real estate appreciated 60.88% over the last ten years, which is an average annual home appreciation rate of 4.87%, putting Milton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Milton 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, Milton's appreciation rate, at 5.78%, has been at or slightly above the national average. In the latest quarter, Milton's appreciation rate has been 2.08%, which annualizes to a rate of 8.57%.

Relative to Georgia, our data show that Milton's latest annual appreciation rate is lower than 70% of the other cities and towns in Georgia.

Average Home Values

 
info

Median Home Value:
$658,264

Milton, GA HOME PRICES

> $1,219,000
6.1%
6.1%
$915,001 - $1,219,000
12.5%
12.5%
$610,001 - $915,000
27.3%
27.3%
$488,001 - $610,000
11.8%
11.8%
$366,001 - $488,000
14.9%
14.9%
$244,001 - $366,000
16.5%
16.5%
$122,001 - $244,000
9.3%
9.3%
$61,001 - $122,000
1.1%
1.1%
$0 - $61,000
0.4%
0.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for GA

Value Relative To Nation

Number Of Homes And Apartments:
13,540

Milton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
92.05% 3.16%
10
7
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$2,408 / per month

Homeownership Rate

Owners
76.3%
76.3%
Renters
23.7%
23.7%
Vacant
3.4%
3.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
52.4%
52.4%
1970 - 1999
45.0%
45.0%
1940 - 1969
1.8%
1.8%
1939 or Older
0.8%
0.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
69.0%
69.0%
Townhomes
12.0%
12.0%
Small Apt. Buildings
1.0%
1.0%
Apt. Complexes
17.7%
17.7%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.7%
1.7%
1 Bedroom
8.3%
8.3%
2 Bedrooms
12.8%
12.8%
3 Bedrooms
21.5%
21.5%
4 Bedrooms
23.0%
23.0%
5 or more bedrooms
32.6%
32.6%
0.0% 100.0%
% OF HOMES