Warrenton, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Warrenton Neighborhoods Since 2000




Warrenton, 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

Warrenton Housing Market Information

With 1,812 people, 737 houses or apartments, and a median cost of homes of $71,949, house prices in Warrenton 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 Warrenton, accounting for 54.18% of the city's housing units. Other types of housing that are prevalent in Warrenton include mobile homes or trailers ( 20.82%), duplexes, homes converted to apartments or other small apartment buildings ( 12.55%), and a few large apartment complexes or high rise apartments ( 10.00%).

People in Warrenton primarily live in small (one, two or no bedroom) single-family detached homes. Warrenton has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Warrenton 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 Warrenton built between 1940-1969 ( 32.86%). A lesser amount of the housing stock also hails from before 1939 ( 13.78%). There's also some housing in Warrenton built between 2000 and later ( 4.49%).

Vacant housing appears to be an issue in Warrenton. Fully 24.80% of the housing stock is classified as vacant. Left unchecked, vacant Warrenton homes and apartments can be a drag on the real estate market, holding Warrenton 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.

Warrenton Home Appreciation Rates

Warrenton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Warrenton during the period has been just -1.39%, which is lower than 80% of US communities.

Over the last year, Warrenton appreciation rates have trailed the rest of the nation. In the last twelve months, Warrenton's appreciation rate has been 2.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Warrenton were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$71,949

Warrenton, GA HOME PRICES

Value Range
> $1,083,000 0.5
$812,001 - $1,083,000 0.0
$541,001 - $812,000 0.0
$433,001 - $541,000 1.9
$325,001 - $433,000 2.7
$216,001 - $325,000 5.5
$109,001 - $216,000 18.2
$54,001 - $109,000 42.8
$0 - $54,000 28.4

Very Low for GA
Very Low for Nation

Value Relative to Nation Value Relative to State
94.4685339271065 88.5835095137421

Number Of Homes And Apartments:
737

Warrenton 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
24.83% 1.29% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$573 / per month

Homeownership Rate

Homeownership
Owners 46.44
Renters 53.56
Vacant 24.80

Housing Market Details

 

Age of Homes

AGE OF Warrenton HOMES
2000 or Newer 4.5
1970 - 1999 48.9
1940 - 1969 32.9
1939 or Older 13.8

Types of Homes

TYPE OF Warrenton HOMES
Single-Family 54.2
Townhomes 2.4
Small Apt. Buildings 12.6
Apt. Complexes 10.0
Mobile Homes 20.8
Other 0.0

Home Size

SIZE OF Warrenton HOMES
No Bedroom 0.00
1 Bedroom 8.47
2 Bedrooms 42.65
3 Bedrooms 37.24
4 Bedrooms 10.00
5 or more bedrooms 1.63

Popular Neighborhoods in Warrenton

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Zip Codes in Warrenton, GA