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 3,100 people, 1,277 houses or apartments, and a median cost of homes of $417,878, Bloomingdale real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Bloomingdale, accounting for 74.84% of the city's housing units. Other types of housing that are prevalent in Bloomingdale include duplexes, homes converted to apartments or other small apartment buildings ( 11.65%), large apartment complexes or high rise apartments ( 7.07%), and a few mobile homes or trailers ( 6.44%).
The most prevalent building size and type in Bloomingdale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.27% owning and 38.73% renting.
There is a lot of housing in Bloomingdale 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 Bloomingdale built between 2000 and later ( 30.59%). A lesser amount of the housing stock also hails from between 1940-1969 ( 27.64%). There's also some housing in Bloomingdale built before 1939 ( 3.73%).
In the last 10 years, Bloomingdale has experienced some of the highest home appreciation rates of any community in the nation. Bloomingdale real estate appreciated 149.25% over the last ten years, which is an average annual home appreciation rate of 9.56%, putting Bloomingdale in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bloomingdale definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Bloomingdale appreciation rates have trailed the rest of the nation. In the last twelve months, Bloomingdale's appreciation rate has been 2.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bloomingdale were at 1.13%, which equates to an annual appreciation rate of 4.58%.
Relative to Georgia, our data show that Bloomingdale's latest annual appreciation rate is lower than 60% of the other cities and towns in Georgia.
$417,878
for Georgia
for nation
1,277
$2,354 / per month