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 849 people, 336 houses or apartments, and a median cost of homes of $334,501, Blairsville real estate prices are well above average cost compared to national prices.
Large apartment complexes or high rise apartments are the single most common housing type in Blairsville, accounting for 43.60% of the city's housing units. Other types of housing that are prevalent in Blairsville include duplexes, homes converted to apartments or other small apartment buildings ( 26.98%), single-family detached homes ( 23.71%), and a few mobile homes or trailers ( 5.72%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.
Blairsville is dominated by renter-occupied one, two, or no bedrooms apartments. 86.93% of Blairsville's dwellings are rentals.
There is a lot of housing in Blairsville 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 Blairsville built between 2000 and later ( 31.06%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.35%). There's also some housing in Blairsville built before 1939 ( 4.90%).
In the last 10 years, Blairsville has experienced some of the highest home appreciation rates of any community in the nation. Blairsville real estate appreciated 118.68% over the last ten years, which is an average annual home appreciation rate of 8.14%, putting Blairsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Blairsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Blairsville that despite a nationwide downturn in the housing market, Blairsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Blairsville appreciation rates continue to be some of the highest in America, at 5.13%, which is higher than appreciation rates in 75.97% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Blairsville. Blairsville appreciation rates in the latest quarter were at 0.23%, which equates to an annual appreciation rate of 0.92%.
Relative to Georgia, our data show that Blairsville's latest annual appreciation rate is higher than 80% of the other cities and towns in Georgia.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Blairsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Blairsville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Blairsville real estate investment or home purchase decisions.
$334,501
for Georgia
for nation
336
$1,338 / per month