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 a population of 630, 209 total housing units (homes and apartments), and a median house value of $234,676, house prices in Helen are solidly below the national average.
Single-family detached homes are the single most common housing type in Helen, accounting for 54.56% of the city's housing units. Other types of housing that are prevalent in Helen include large apartment complexes or high rise apartments ( 23.27%), row houses and other attached homes ( 12.89%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.50%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Helen. Owner-occupied housing accounts for 81.82% of Helen's homes, and 53.14% have either three or four bedrooms, which is average sized relative to America.
Helen homes and real estate are some of the newest in America. 50.63% of Helen'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 Helen real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.97%), and between 1940-1969 ( 2.52%). There's also some housing in Helen built before 1939 ( 1.89%).
A decent proportion of the Helen housing stock is seasonally occupied. That is, homes and condos in Helen are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Helen housing market speaks to its popularity as a vacation location of choice.
Helen's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Helen during the period has been just 5.29%, which is lower than 80% of US communities.
Appreciation rates are so strong in Helen that despite a nationwide downturn in the housing market, Helen real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Helen appreciation rates continue to be some of the highest in America, at 5.13%, which is higher than appreciation rates in 75.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Helen. Helen 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 Helen's latest annual appreciation rate is higher than 50% of the other cities and towns in Georgia.
$234,676
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