Wrightsville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wrightsville Neighborhoods Since 2000




Wrightsville, 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

Wrightsville Housing Market Information

With 3,642 people, 1,101 houses or apartments, and a median cost of homes of $74,932, 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 70.85% of the city's housing units. Other types of housing that are prevalent in Wrightsville include mobile homes or trailers ( 10.21%), duplexes, homes converted to apartments or other small apartment buildings ( 9.51%), and a few large apartment complexes or high rise apartments ( 6.08%).

The most prevalent building size and type in Wrightsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.10% owning and 58.90% renting.

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 ( 31.64%). A lesser amount of the housing stock also hails from before 1939 ( 15.20%). There's also some housing in Wrightsville built between 2000 and later ( 2.10%).

Vacant housing appears to be an issue in Wrightsville. Fully 14.19% 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 3.74%, which ranks in the top 50% nationwide. This equates to an annual average Wrightsville house appreciation rate of 0.37%.

NeighborhoodScout's data show that during the latest twelve months, Wrightsville's appreciation rate, at 4.84%, has been at or slightly above the national average. In the latest quarter, Wrightsville's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Georgia, our data show that Wrightsville's latest annual appreciation rate is higher than 50% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$74,932

Wrightsville, GA HOME PRICES

Value Range
> $1,126,000 0.0
$844,001 - $1,126,000 0.0
$562,001 - $844,000 0.3
$450,001 - $562,000 0.1
$338,001 - $450,000 2.0
$225,001 - $338,000 4.2
$112,001 - $225,000 17.9
$57,001 - $112,000 39.9
$0 - $57,000 35.7

Very Low for GA
Very Low for Nation

Value Relative to Nation Value Relative to State
93.1940700808625 87.1035940803383

Number Of Homes And Apartments:
1,101

Wrightsville 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
35.16% 1.76% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$613 / per month

Homeownership Rate

Homeownership
Owners 41.10
Renters 58.90
Vacant 14.19

Housing Market Details

 

Age of Homes

AGE OF Wrightsville HOMES
2000 or Newer 2.1
1970 - 1999 51.1
1940 - 1969 31.6
1939 or Older 15.2

Types of Homes

TYPE OF Wrightsville HOMES
Single-Family 70.8
Townhomes 3.4
Small Apt. Buildings 9.5
Apt. Complexes 6.1
Mobile Homes 10.2
Other 0.0

Home Size

SIZE OF Wrightsville HOMES
No Bedroom 4.21
1 Bedroom 3.59
2 Bedrooms 31.57
3 Bedrooms 51.68
4 Bedrooms 5.77
5 or more bedrooms 3.20

Popular Neighborhoods in Wrightsville

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Zip Codes in Wrightsville, GA