Snellville, GA


Highest Appreciating Snellville Neighborhoods Since 2000

Snellville, 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

Snellville Housing Market Information

With 19,733 people, 6,186 houses or apartments, and a median cost of homes of $208,974, Snellville real estate is some of the most expensive in Georgia, although Snellville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Snellville, accounting for 88.83% of the city's housing units. Other types of housing that are prevalent in Snellville include duplexes, homes converted to apartments or other small apartment buildings ( 5.41%), row houses and other attached homes ( 2.64%), and a few large apartment complexes or high rise apartments ( 2.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Snellville. Owner-occupied housing accounts for 76.60% of Snellville's homes, and 80.51% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Snellville 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 Snellville built between 2000 and later ( 21.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.15%).

Snellville Home Appreciation Rates

Real estate appreciation rates in Snellville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.45% during the period.

Appreciation rates are so strong in Snellville that despite a nationwide downturn in the housing market, Snellville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Snellville appreciation rates continue to be some of the highest in America, at 6.93%, which is higher than appreciation rates in 80.91% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Snellville. Snellville 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 Snellville's latest annual appreciation rate is higher than 70% 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 Snellville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Snellville - 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 Snellville real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Snellville, GA HOME PRICES

Value Range
> $1,284,000 0.1
$963,001 - $1,284,000 0.3
$642,001 - $963,000 1.4
$514,001 - $642,000 5.7
$385,001 - $514,000 6.4
$257,001 - $385,000 17.4
$129,001 - $257,000 54.6
$64,001 - $129,000 10.5
$0 - $64,000 3.6

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
30.0949255830306 13.3192389006343

Number Of Homes And Apartments:

Snellville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
15.71% 0.85% 4 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,531 / per month

Homeownership Rate

Owners 76.60
Renters 23.40
Vacant 8.80

Housing Market Details


Age of Homes

AGE OF Snellville HOMES
2000 or Newer 21.1
1970 - 1999 71.5
1940 - 1969 7.2
1939 or Older 0.3

Types of Homes

TYPE OF Snellville HOMES
Single-Family 88.8
Townhomes 2.6
Small Apt. Buildings 5.4
Apt. Complexes 2.2
Mobile Homes 0.0
Other 0.9

Home Size

SIZE OF Snellville HOMES
No Bedroom 1.67
1 Bedroom 0.18
2 Bedrooms 11.44
3 Bedrooms 45.64
4 Bedrooms 34.87
5 or more bedrooms 6.21