Peachtree City, 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

Peachtree City, GA Housing Market Trends

With 36,223 people, 13,416 houses or apartments, and a median cost of homes of $377,469, Peachtree City house prices are not only among the most expensive in Georgia, Peachtree City real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Peachtree City, accounting for 80.47% of the city's housing units. Other types of housing that are prevalent in Peachtree City include large apartment complexes or high rise apartments ( 13.38%), row houses and other attached homes ( 4.47%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Peachtree City. Owner-occupied housing accounts for 74.48% of Peachtree City's homes, and 65.95% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Peachtree City 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 Peachtree City built between 2000 and later ( 21.00%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.43%).

Peachtree City Home Appreciation Rates

Appreciation rates for homes in Peachtree City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 49.12%, which ranks in the top 30% nationwide. This equates to an annual average Peachtree City house appreciation rate of 4.08%.

NeighborhoodScout's data show that during the latest twelve months, Peachtree City's appreciation rate, at 5.74%, has been at or slightly above the national average. In the latest quarter, Peachtree City's appreciation rate has been 2.04%, which annualizes to a rate of 8.42%.

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

Average Home Values

 

Median Home Value:
$377,469

Peachtree City, GA HOME PRICES

> $1,187,000
0.8%
0.8%
$890,001 - $1,187,000
1.7%
1.7%
$593,001 - $890,000
12.9%
12.9%
$475,001 - $593,000
17.4%
17.4%
$356,001 - $475,000
25.8%
25.8%
$237,001 - $356,000
23.5%
23.5%
$119,001 - $237,000
14.2%
14.2%
$59,001 - $119,000
1.8%
1.8%
$0 - $59,000
1.8%
1.8%
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:
13,416

Peachtree City 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
71.55% 2.60%
9
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,901 / per month

Homeownership Rate

Owners
74.5%
74.5%
Renters
25.5%
25.5%
Vacant
5.8%
5.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
21.0%
21.0%
1970 - 1999
76.4%
76.4%
1940 - 1969
2.4%
2.4%
1939 or Older
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
80.5%
80.5%
Townhomes
4.5%
4.5%
Small Apt. Buildings
1.4%
1.4%
Apt. Complexes
13.4%
13.4%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.4%
0.4%
1 Bedroom
6.6%
6.6%
2 Bedrooms
12.8%
12.8%
3 Bedrooms
30.3%
30.3%
4 Bedrooms
35.6%
35.6%
5 or more bedrooms
14.2%
14.2%
0.0% 100.0%
% OF HOMES