Sharpsburg, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sharpsburg, 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

Sharpsburg Housing Market Information

With a population of 354, 187 total housing units (homes and apartments), and a median house value of $245,141, 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 83.01% 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 ( 13.59%), large apartment complexes or high rise apartments ( 1.46%).

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 54.01% owning and 45.99% 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 ( 29.13%). A lesser amount of the housing stock also hails from before 1939 ( 12.14%). There's also some housing in Sharpsburg built between 1940-1969 ( 9.71%).

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 2.20%, which ranks in the top 50% nationwide. This equates to an annual average Sharpsburg house appreciation rate of 0.22%.

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 7.14%, which is higher than appreciation rates in 82.09% 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 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Sharpsburg's latest annual appreciation rate is higher than 70% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$245,141

Sharpsburg, GA HOME PRICES

Value Range
> $1,235,000 0.1
$926,001 - $1,235,000 0.7
$618,001 - $926,000 1.3
$494,001 - $618,000 2.3
$371,001 - $494,000 19.5
$247,001 - $371,000 25.5
$124,001 - $247,000 43.6
$62,001 - $124,000 5.9
$0 - $62,000 1.0

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
23.2684870502754 7.39957716701903

Number Of Homes And Apartments:
187

Sharpsburg 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
30.51% 1.56% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,117 / per month

Homeownership Rate

Homeownership
Owners 54.01
Renters 45.99
Vacant 9.22

Housing Market Details

 

Age of Homes

AGE OF Sharpsburg HOMES
2000 or Newer 29.1
1970 - 1999 49.0
1940 - 1969 9.7
1939 or Older 12.1

Types of Homes

TYPE OF Sharpsburg HOMES
Single-Family 83.0
Townhomes 0.0
Small Apt. Buildings 13.6
Apt. Complexes 1.5
Mobile Homes 1.0
Other 1.0

Home Size

SIZE OF Sharpsburg HOMES
No Bedroom 0.00
1 Bedroom 3.88
2 Bedrooms 21.84
3 Bedrooms 38.83
4 Bedrooms 13.59
5 or more bedrooms 21.84