menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Sylvania, GA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Sylvania, GA Housing Market Trends

With a population of 2,602, 957 total housing units (homes and apartments), and a median house value of $106,843, house prices in Sylvania are some of the most affordable in Georgia as well as the nation.

Single-family detached homes are the single most common housing type in Sylvania, accounting for 65.43% of the city's housing units. Other types of housing that are prevalent in Sylvania include duplexes, homes converted to apartments or other small apartment buildings ( 16.84%), mobile homes or trailers ( 12.09%), and a few large apartment complexes or high rise apartments ( 5.32%).

The most prevalent building size and type in Sylvania are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.73% owning and 41.27% renting.

There is a lot of housing in Sylvania 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 Sylvania built between 1940-1969 ( 34.00%). A lesser amount of the housing stock also hails from before 1939 ( 16.20%). There's also some housing in Sylvania built between 2000 and later ( 2.18%).

Vacant housing appears to be an issue in Sylvania. Fully 22.88% of the housing stock is classified as vacant. Left unchecked, vacant Sylvania homes and apartments can be a drag on the real estate market, holding Sylvania real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Sylvania Home Appreciation Rates

Sylvania's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sylvania during the period has been just 5.21%, which is lower than 70% of US communities.

Appreciation rates are so strong in Sylvania that despite a nationwide downturn in the housing market, Sylvania real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sylvania appreciation rates continue to be some of the highest in America, at 6.97%, which is higher than appreciation rates in 74.51% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sylvania. Sylvania appreciation rates in the latest quarter were at 1.22%, which equates to an annual appreciation rate of 4.98%.

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

Average Home Values

Median Home Value

$106,843

Sylvania, GA Home Prices
> $1,302,000
$976,001 - $1,302,000
$651,001 - $976,000
$521,001 - $651,000
$391,001 - $521,000
$261,001 - $391,000
$130,001 - $261,000
$65,001 - $130,000
$0 - $65,000
0.0%
0.0%
0.0%
0.0%
1.4%
1.4%
1.8%
1.8%
9.5%
9.5%
11.3%
11.3%
26.4%
26.4%
24.2%
24.2%
25.4%
25.4%
0% 100.0%
% of Homes
Very Low

for Georgia

Very Low

for nation

Number of Homes And Apartments:

957

Sylvania Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,353 / per month

Homeownership Rate

Owners
Renters
58.7%
58.7%
41.3%
41.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
22.9%
22.9%
77.1%
77.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
2.2%
2.2%
47.6%
47.6%
34.0%
34.0%
16.2%
16.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.4%
65.4%
0.3%
0.3%
16.8%
16.8%
5.3%
5.3%
12.1%
12.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
8.5%
8.5%
31.7%
31.7%
42.5%
42.5%
15.1%
15.1%
2.2%
2.2%
0% 100.0%
% of Homes

Popular Communities Near Sylvania, GA

Zip Codes in Sylvania, GA