Walthourville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Walthourville, 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

Walthourville Housing Market Information

With a population of 3,974, 1,564 total housing units (homes and apartments), and a median house value of $100,256, house prices in Walthourville are solidly below the national average.

Single-family detached homes are the single most common housing type in Walthourville, accounting for 58.21% of the city's housing units. Other types of housing that are prevalent in Walthourville include mobile homes or trailers ( 39.26%), duplexes, homes converted to apartments or other small apartment buildings ( 1.69%).

The most prevalent building size and type in Walthourville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.53% owning and 51.47% renting.

There is a lot of housing in Walthourville 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 Walthourville built between 2000 and later ( 17.89%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.55%).

Vacant housing appears to be an issue in Walthourville. Fully 17.47% of the housing stock is classified as vacant. Left unchecked, vacant Walthourville homes and apartments can be a drag on the real estate market, holding Walthourville 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.

Walthourville Home Appreciation Rates

Homes have actually lost value in Walthourville over the last then years, as home values have seen a decline of 19.92% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Walthourville home appreciation rates at -2.88%, which equates to an annual appreciation rate of -11.03%.

Over the last year, Walthourville appreciation rates have trailed the rest of the nation. In the last twelve months, Walthourville's appreciation rate has been 3.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Walthourville were at -2.88%, which equates to an annual appreciation rate of -11.03%.

Notably, Walthourville's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$100,256

Walthourville, GA HOME PRICES

Value Range
> $938,000 0.0
$704,001 - $938,000 0.0
$469,001 - $704,000 0.9
$375,001 - $469,000 0.0
$281,001 - $375,000 2.9
$187,001 - $281,000 4.3
$94,001 - $187,000 57.4
$47,001 - $94,000 19.5
$0 - $47,000 15.1

Low for GA
Low for Nation

Value Relative to Nation Value Relative to State
77.4317356146724 66.8076109936575

Number Of Homes And Apartments:
1,564

Walthourville 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
14.53% 0.79% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,110 / per month

Homeownership Rate

Homeownership
Owners 48.53
Renters 51.47
Vacant 17.47

Housing Market Details

 

Age of Homes

AGE OF Walthourville HOMES
2000 or Newer 17.9
1970 - 1999 72.6
1940 - 1969 9.6
1939 or Older 0.0

Types of Homes

TYPE OF Walthourville HOMES
Single-Family 58.2
Townhomes 0.0
Small Apt. Buildings 1.7
Apt. Complexes 0.8
Mobile Homes 39.3
Other 0.0

Home Size

SIZE OF Walthourville HOMES
No Bedroom 0.00
1 Bedroom 0.84
2 Bedrooms 28.60
3 Bedrooms 54.78
4 Bedrooms 15.09
5 or more bedrooms 0.69

Popular Neighborhoods in Walthourville

Zip Codes in Walthourville, GA