Ringgold, 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 2021. 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

Ringgold, GA Housing Market Trends

With a population of 3,414, 1,550 total housing units (homes and apartments), and a median house value of $262,438, Ringgold real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Ringgold, accounting for 51.35% of the city's housing units. Other types of housing that are prevalent in Ringgold include large apartment complexes or high rise apartments ( 31.01%), duplexes, homes converted to apartments or other small apartment buildings ( 13.92%), and a few row houses and other attached homes ( 3.72%).

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

Ringgold homes and real estate are some of the newest in America. 38.03% of Ringgold'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 Ringgold real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.33%), and between 1940-1969 ( 24.18%). There's also some housing in Ringgold built before 1939 ( 2.46%).

Ringgold Home Appreciation Rates

Appreciation rates for homes in Ringgold have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 75.05%, which ranks in the top 30% nationwide. This equates to an annual average Ringgold house appreciation rate of 5.76%.

Appreciation rates are so strong in Ringgold that despite a nationwide downturn in the housing market, Ringgold real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ringgold appreciation rates continue to be some of the highest in America, at 22.59%, which is higher than appreciation rates in 83.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ringgold. Ringgold appreciation rates in the latest quarter were at 8.83%, which equates to an annual appreciation rate of 40.30%.

Importantly, this makes Ringgold 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 Ringgold's latest annual appreciation rate is higher than 90% 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 Ringgold differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ringgold - 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 Ringgold real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$262,438

Ringgold, GA HOME PRICES

> $1,423,000
$1,067,001 - $1,423,000
$712,001 - $1,067,000
$569,001 - $712,000
$427,001 - $569,000
$284,001 - $427,000
$143,001 - $284,000
$71,001 - $143,000
$0 - $71,000
0.0%
0.0%
1.3%
1.3%
0.2%
0.2%
2.9%
2.9%
7.8%
7.8%
24.7%
24.7%
46.0%
46.0%
13.6%
13.6%
3.6%
3.6%
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:
1,550

Ringgold Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
96.28% 3.11%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,099 / per month

Homeownership Rate

Owners
Renters
Vacant
41.4%
41.4%
58.6%
58.6%
7.0%
7.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
38.0%
38.0%
35.3%
35.3%
24.2%
24.2%
2.5%
2.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
51.3%
51.3%
3.7%
3.7%
13.9%
13.9%
31.0%
31.0%
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%
13.9%
13.9%
42.0%
42.0%
40.7%
40.7%
2.2%
2.2%
1.2%
1.2%
0.0% 100.0%
% OF HOMES