Trenton, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Trenton, 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

Trenton Housing Market Information

With a population of 2,238, 834 total housing units (homes and apartments), and a median house value of $143,207, Trenton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Trenton, accounting for 78.01% of the city's housing units. Other types of housing that are prevalent in Trenton include large apartment complexes or high rise apartments ( 14.52%), duplexes, homes converted to apartments or other small apartment buildings ( 4.36%), and a few mobile homes or trailers ( 2.80%).

The most prevalent building size and type in Trenton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.82% owning and 47.18% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Trenton's housing was primarily built during this period, from the '40s through the '60s. A full 39.32% of the city's housing hails from this era. Other housing ages represented in Trenton include homes built between 1970-1999 ( 34.75%) and housing constructed between 2000 and later ( 19.09%). There's also some housing in Trenton built before 1939 ( 6.85%).

Vacant housing appears to be an issue in Trenton. Fully 13.49% of the housing stock is classified as vacant. Left unchecked, vacant Trenton homes and apartments can be a drag on the real estate market, holding Trenton 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.

Trenton Home Appreciation Rates

Real estate appreciation rates in Trenton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.01% during the period.

Over the last year, Trenton appreciation rates have trailed the rest of the nation. In the last twelve months, Trenton's appreciation rate has been 2.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Trenton were at 1.00%, which equates to an annual appreciation rate of 4.07%.

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

Average Home Values

 

Median Home Value:
$143,207

Trenton, GA HOME PRICES

Value Range
> $1,084,000 0.0
$813,001 - $1,084,000 0.0
$542,001 - $813,000 1.4
$434,001 - $542,000 0.0
$326,001 - $434,000 3.3
$217,001 - $326,000 15.3
$108,001 - $217,000 38.7
$55,001 - $108,000 20.6
$0 - $55,000 20.8

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
53.2374311496543 36.9978858350951

Number Of Homes And Apartments:
834

Trenton 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
39.44% 1.95% 9 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$831 / per month

Homeownership Rate

Homeownership
Owners 52.82
Renters 47.18
Vacant 13.49

Housing Market Details

 

Age of Homes

AGE OF Trenton HOMES
2000 or Newer 19.1
1970 - 1999 34.8
1940 - 1969 39.3
1939 or Older 6.8

Types of Homes

TYPE OF Trenton HOMES
Single-Family 78.0
Townhomes 0.3
Small Apt. Buildings 4.4
Apt. Complexes 14.5
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF Trenton HOMES
No Bedroom 6.12
1 Bedroom 4.15
2 Bedrooms 25.10
3 Bedrooms 54.67
4 Bedrooms 8.30
5 or more bedrooms 1.66