Moultrie, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Moultrie, 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

Moultrie Housing Market Information

With a population of 14,377, 5,070 total housing units (homes and apartments), and a median house value of $88,963, house prices in Moultrie are solidly below the national average.

Single-family detached homes are the single most common housing type in Moultrie, accounting for 60.73% of the city's housing units. Other types of housing that are prevalent in Moultrie include large apartment complexes or high rise apartments ( 17.13%), duplexes, homes converted to apartments or other small apartment buildings ( 15.69%), and a few row houses and other attached homes ( 4.72%).

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

There is a lot of housing in Moultrie 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 Moultrie built between 1940-1969 ( 31.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.56%). There's also some housing in Moultrie built before 1939 ( 6.44%).

Vacant housing appears to be an issue in Moultrie. Fully 15.67% of the housing stock is classified as vacant. Left unchecked, vacant Moultrie homes and apartments can be a drag on the real estate market, holding Moultrie 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.

Moultrie Home Appreciation Rates

Real estate appreciation rates in Moultrie's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.38% during the period.

Over the last year, Moultrie appreciation rates have trailed the rest of the nation. In the last twelve months, Moultrie's appreciation rate has been 2.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Moultrie were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Georgia, our data show that Moultrie's latest annual appreciation rate is lower than 60% 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 Moultrie differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Moultrie - 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 Moultrie real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$88,963

Moultrie, GA HOME PRICES

Value Range
> $1,060,000 0.1
$795,001 - $1,060,000 0.4
$530,001 - $795,000 0.5
$424,001 - $530,000 0.9
$318,001 - $424,000 2.7
$212,001 - $318,000 7.6
$106,001 - $212,000 22.9
$53,001 - $106,000 36.4
$0 - $53,000 28.6

Low for GA
Very Low for Nation

Value Relative to Nation Value Relative to State
84.7005742411813 75.2642706131078

Number Of Homes And Apartments:
5,070

Moultrie 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
33.87% 1.71% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$777 / per month

Homeownership Rate

Homeownership
Owners 39.64
Renters 60.36
Vacant 15.67

Housing Market Details

 

Age of Homes

AGE OF Moultrie HOMES
2000 or Newer 12.6
1970 - 1999 49.5
1940 - 1969 31.5
1939 or Older 6.4

Types of Homes

TYPE OF Moultrie HOMES
Single-Family 60.7
Townhomes 4.7
Small Apt. Buildings 15.7
Apt. Complexes 17.1
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Moultrie HOMES
No Bedroom 1.51
1 Bedroom 15.87
2 Bedrooms 31.95
3 Bedrooms 35.83
4 Bedrooms 12.11
5 or more bedrooms 2.73