Wrightsville, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Wrightsville, GA Housing Market Trends

With 3,618 people, 1,148 houses or apartments, and a median cost of homes of $82,829, house prices in Wrightsville 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 Wrightsville, accounting for 60.30% of the city's housing units. Other types of housing that are prevalent in Wrightsville include mobile homes or trailers ( 17.63%), large apartment complexes or high rise apartments ( 12.96%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.11%).

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

There is a lot of housing in Wrightsville 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 Wrightsville built between 1940-1969 ( 29.78%). A lesser amount of the housing stock also hails from before 1939 ( 11.41%). There's also some housing in Wrightsville built between 2000 and later ( 9.26%).

Vacant housing appears to be an issue in Wrightsville. Fully 14.96% of the housing stock is classified as vacant. Left unchecked, vacant Wrightsville homes and apartments can be a drag on the real estate market, holding Wrightsville 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.

Wrightsville Home Appreciation Rates

Appreciation rates for homes in Wrightsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 44.27%, which ranks in the top 30% nationwide. This equates to an annual average Wrightsville house appreciation rate of 3.73%.

Appreciation rates are so strong in Wrightsville that despite a nationwide downturn in the housing market, Wrightsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wrightsville appreciation rates continue to be some of the highest in America, at 7.34%, which is higher than appreciation rates in 91.18% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wrightsville. Wrightsville appreciation rates in the latest quarter were at 3.03%, which equates to an annual appreciation rate of 12.69%.

Importantly, this makes Wrightsville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$82,829

Wrightsville, GA HOME PRICES

> $1,231,000
0.0%
0.0%
$923,001 - $1,231,000
0.0%
0.0%
$615,001 - $923,000
0.0%
0.0%
$492,001 - $615,000
1.2%
1.2%
$369,001 - $492,000
0.0%
0.0%
$246,001 - $369,000
1.2%
1.2%
$123,001 - $246,000
27.5%
27.5%
$61,001 - $123,000
32.4%
32.4%
$0 - $61,000
37.7%
37.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for GA

Value Relative To Nation

Number Of Homes And Apartments:
1,148

Wrightsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
66.73% 2.46%
8
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$670 / per month

Homeownership Rate

Owners
45.3%
45.3%
Renters
54.7%
54.7%
Vacant
15.0%
15.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
9.3%
9.3%
1970 - 1999
49.6%
49.6%
1940 - 1969
29.8%
29.8%
1939 or Older
11.4%
11.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.3%
60.3%
Townhomes
0.0%
0.0%
Small Apt. Buildings
9.1%
9.1%
Apt. Complexes
13.0%
13.0%
Mobile Homes
17.6%
17.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
8.3%
8.3%
1 Bedroom
12.1%
12.1%
2 Bedrooms
29.5%
29.5%
3 Bedrooms
41.6%
41.6%
4 Bedrooms
5.6%
5.6%
5 or more bedrooms
2.9%
2.9%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Wrightsville

Popular Communities Near Wrightsville, GA

Zip Codes in Wrightsville, GA