Rockmart, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Rockmart Neighborhoods Since 2000




Rockmart, 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

Rockmart Housing Market Information

With 4,300 people, 1,951 houses or apartments, and a median cost of homes of $120,865, house prices in Rockmart are solidly below the national average.

Single-family detached homes are the single most common housing type in Rockmart, accounting for 70.97% of the city's housing units. Other types of housing that are prevalent in Rockmart include duplexes, homes converted to apartments or other small apartment buildings ( 12.82%), large apartment complexes or high rise apartments ( 10.59%), and a few row houses and other attached homes ( 4.41%).

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

There is a lot of housing in Rockmart 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 Rockmart built between 1940-1969 ( 28.24%). A lesser amount of the housing stock also hails from before 1939 ( 24.66%). There's also some housing in Rockmart built between 2000 and later ( 12.22%).

Rockmart Home Appreciation Rates

Rockmart's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rockmart during the period has been just -1.31%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Rockmart's appreciation rate, at 5.20%, has been at or slightly above the national average. In the latest quarter, Rockmart's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$120,865

Rockmart, GA HOME PRICES

Value Range
> $1,231,000 0.3
$923,001 - $1,231,000 0.0
$615,001 - $923,000 0.7
$492,001 - $615,000 0.5
$369,001 - $492,000 3.0
$246,001 - $369,000 10.6
$123,001 - $246,000 24.7
$61,001 - $123,000 40.3
$0 - $61,000 19.9

Average for GA
Low for Nation

Value Relative to Nation Value Relative to State
64.8892534864643 50.9513742071882

Number Of Homes And Apartments:
1,951

Rockmart 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
-0.54% -0.03% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$843 / per month

Homeownership Rate

Homeownership
Owners 52.08
Renters 47.92
Vacant 9.38

Housing Market Details

 

Age of Homes

AGE OF Rockmart HOMES
2000 or Newer 12.2
1970 - 1999 34.9
1940 - 1969 28.2
1939 or Older 24.7

Types of Homes

TYPE OF Rockmart HOMES
Single-Family 71.0
Townhomes 4.4
Small Apt. Buildings 12.8
Apt. Complexes 10.6
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Rockmart HOMES
No Bedroom 2.04
1 Bedroom 11.43
2 Bedrooms 41.80
3 Bedrooms 36.32
4 Bedrooms 8.41
5 or more bedrooms 0.00

Popular Neighborhoods in Rockmart

Zip Codes in Rockmart, GA