Sharpsburg, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Sharpsburg Neighborhoods Since 2000




Sharpsburg, GA Real Estate Data


Sharpsburg Housing Market Information

With 354 people, 162 houses or apartments, and a median cost of homes of $240,156, Sharpsburg real estate is some of the most expensive in Georgia, although Sharpsburg home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Sharpsburg, accounting for 80.57% of the town's housing units. Other types of housing that are prevalent in Sharpsburg include duplexes, homes converted to apartments or other small apartment buildings ( 16.57%), large apartment complexes or high rise apartments ( 1.71%).

The most prevalent building size and type in Sharpsburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 48.15% owning and 51.85% renting.

There is a lot of housing in Sharpsburg 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 Sharpsburg built between 2000 and later ( 21.71%). A lesser amount of the housing stock also hails from before 1939 ( 18.86%). There's also some housing in Sharpsburg built between 1940-1969 ( 13.14%).

Sharpsburg Home Appreciation Rates

Appreciation rates for homes in Sharpsburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.68%, which ranks in the top 50% nationwide. This equates to an annual average Sharpsburg house appreciation rate of 0.36%.

Appreciation rates are so strong in Sharpsburg that despite a nationwide downturn in the housing market, Sharpsburg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sharpsburg appreciation rates continue to be some of the highest in America, at 6.89%, which is higher than appreciation rates in 83.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sharpsburg. Sharpsburg appreciation rates in the latest quarter were at 2.99%, which equates to an annual appreciation rate of 12.51%.

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

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

Average Home Values

 

Median Home Value:
$240,156

Sharpsburg, GA HOME PRICES

Value Range
> $1,257,000 0.1
$943,001 - $1,257,000 1.0
$629,001 - $943,000 0.7
$503,001 - $629,000 1.5
$377,001 - $503,000 21.0
$252,001 - $377,000 22.2
$126,001 - $252,000 44.7
$63,001 - $126,000 6.3
$0 - $63,000 2.5

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
24.7525912045441 8.87949260042283

Number Of Homes And Apartments:
162

Rent & Ownership

 

Average Market Rent:
$1,186 / per month

Homeownership Rate

Homeownership
Owners 48.15
Renters 51.85
Vacant 7.43

Housing Market Details

 

Age of Homes

AGE OF Sharpsburg HOMES
2000 or Newer 21.7
1970 - 1999 46.3
1940 - 1969 13.1
1939 or Older 18.9

Types of Homes

TYPE OF Sharpsburg HOMES
Single-Family 80.6
Townhomes 0.0
Small Apt. Buildings 16.6
Apt. Complexes 1.7
Mobile Homes 0.6
Other 0.6

Home Size

SIZE OF Sharpsburg HOMES
No Bedroom 0.00
1 Bedroom 4.00
2 Bedrooms 26.86
3 Bedrooms 40.57
4 Bedrooms 18.86
5 or more bedrooms 9.71

Sharpsburg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
28.66% 1.49% 7 3
* 10 is highest