Port Wentworth, 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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Port Wentworth, GA Housing Market Trends

With 10,878 people, 3,576 houses or apartments, and a median cost of homes of $277,488, Port Wentworth real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Port Wentworth, accounting for 67.61% of the city's housing units. Other types of housing that are prevalent in Port Wentworth include large apartment complexes or high rise apartments ( 23.34%), row houses and other attached homes ( 6.65%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Port Wentworth. Owner-occupied housing accounts for 66.30% of Port Wentworth's homes, and 58.28% have either three or four bedrooms, which is average sized relative to America.

Port Wentworth homes and real estate are some of the newest in America. 73.71% of Port Wentworth'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 Port Wentworth real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 15.96%), and between 1940-1969 ( 9.78%).

Port Wentworth Home Appreciation Rates

In the last 10 years, Port Wentworth has experienced some of the highest home appreciation rates of any community in the nation. Port Wentworth real estate appreciated 93.56% over the last ten years, which is an average annual home appreciation rate of 6.83%, putting Port Wentworth in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Port Wentworth definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Port Wentworth that despite a nationwide downturn in the housing market, Port Wentworth real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Port Wentworth appreciation rates continue to be some of the highest in America, at 23.38%, which is higher than appreciation rates in 90.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Port Wentworth. Port Wentworth appreciation rates in the latest quarter were at 5.65%, which equates to an annual appreciation rate of 24.61%.

Importantly, this makes Port Wentworth one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Georgia, our data show that Port Wentworth's latest annual appreciation rate is higher than 60% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$277,488

Port Wentworth, GA HOME PRICES

> $1,415,000
$1,061,001 - $1,415,000
$707,001 - $1,061,000
$566,001 - $707,000
$424,001 - $566,000
$283,001 - $424,000
$141,001 - $283,000
$71,001 - $141,000
$0 - $71,000
0.6%
0.6%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.3%
1.3%
38.9%
38.9%
54.7%
54.7%
4.1%
4.1%
0.4%
0.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

High for GA

Value Relative To Nation

Number Of Homes And Apartments:
3,576

Port Wentworth Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
199.61% 5.06%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,998 / per month

Homeownership Rate

Owners
Renters
Vacant
66.3%
66.3%
33.7%
33.7%
6.0%
6.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
73.7%
73.7%
16.0%
16.0%
9.8%
9.8%
0.6%
0.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
67.6%
67.6%
6.7%
6.7%
2.4%
2.4%
23.3%
23.3%
0.0%
0.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
3.8%
3.8%
29.4%
29.4%
37.4%
37.4%
20.8%
20.8%
8.4%
8.4%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Port Wentworth

Zip Codes in Port Wentworth, GA