Senoia, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Senoia Neighborhoods Since 2000




Senoia, 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

Senoia Housing Market Information

With a population of 4,073, 1,373 total housing units (homes and apartments), and a median house value of $251,899, Senoia real estate is some of the most expensive in Georgia, although Senoia home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Senoia, accounting for 89.62% of the city's housing units. Other types of housing that are prevalent in Senoia include large apartment complexes or high rise apartments ( 5.59%), duplexes, homes converted to apartments or other small apartment buildings ( 2.99%), and a few mobile homes or trailers ( 1.80%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Senoia. Owner-occupied housing accounts for 73.85% of Senoia's homes, and 79.71% have either three or four bedrooms, which is average sized relative to America.

Senoia homes and real estate are some of the newest in America. 48.97% of Senoia'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 Senoia real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.20%), and before 1939 ( 12.97%). There's also some housing in Senoia built between 1940-1969 ( 5.85%).

Senoia Home Appreciation Rates

Real estate appreciation rates in Senoia's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.00% during the period.

Appreciation rates are so strong in Senoia that despite a nationwide downturn in the housing market, Senoia real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Senoia appreciation rates continue to be some of the highest in America, at 8.16%, which is higher than appreciation rates in 87.49% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Senoia. Senoia appreciation rates in the latest quarter were at 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Senoia's latest annual appreciation rate is higher than 80% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$251,899

Senoia, GA HOME PRICES

Value Range
> $1,250,000 0.0
$937,001 - $1,250,000 0.0
$625,001 - $937,000 1.2
$500,001 - $625,000 1.3
$375,001 - $500,000 6.1
$250,001 - $375,000 41.7
$125,001 - $250,000 42.1
$63,001 - $125,000 5.6
$0 - $63,000 2.0

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
22.2137583499355 6.76532769556025

Number Of Homes And Apartments:
1,373

Senoia 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
28.45% 1.46% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,364 / per month

Homeownership Rate

Homeownership
Owners 73.85
Renters 26.15
Vacant 8.65

Housing Market Details

 

Age of Homes

AGE OF Senoia HOMES
2000 or Newer 49.0
1970 - 1999 32.2
1940 - 1969 5.9
1939 or Older 13.0

Types of Homes

TYPE OF Senoia HOMES
Single-Family 89.6
Townhomes 0.0
Small Apt. Buildings 3.0
Apt. Complexes 5.6
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Senoia HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 9.25
3 Bedrooms 47.97
4 Bedrooms 31.74
5 or more bedrooms 11.04

Popular Neighborhoods in Senoia

Zip Codes in Senoia, GA