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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 5,029 people, 1,425 houses or apartments, and a median cost of homes of $296,670, Adairsville 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 Adairsville, accounting for 84.14% of the city's housing units. Other types of housing that are prevalent in Adairsville include large apartment complexes or high rise apartments ( 8.89%), row houses and other attached homes ( 4.56%), and a few mobile homes or trailers ( 1.38%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Adairsville. Owner-occupied housing accounts for 71.48% of Adairsville's homes, and 83.60% have either three or four bedrooms, which is average sized relative to America.
Adairsville homes and real estate are some of the newest in America. 52.67% of Adairsville's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Adairsville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 29.91%), and between 1940-1969 ( 11.23%). There's also some housing in Adairsville built before 1939 ( 6.19%).
Vacant housing appears to be an issue in Adairsville. Fully 14.41% of the housing stock is classified as vacant. Left unchecked, vacant Adairsville homes and apartments can be a drag on the real estate market, holding Adairsville 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.
Appreciation rates for homes in Adairsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.64%, which ranks in the top 30% nationwide. This equates to an annual average Adairsville house appreciation rate of 7.79%.
Over the last year, Adairsville appreciation rates have trailed the rest of the nation. In the last twelve months, Adairsville's appreciation rate has been 0.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Adairsville were at -0.25%, which equates to an annual appreciation rate of -0.99%.
Relative to Georgia, our data show that Adairsville's latest annual appreciation rate is lower than 80% of the other cities and towns in Georgia.
$296,670
for Georgia
for nation
1,425
$1,397 / per month