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 5,265 people, 1,784 houses or apartments, and a median cost of homes of $301,882, Social Circle 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 Social Circle, accounting for 92.17% of the city's housing units. Other types of housing that are prevalent in Social Circle include mobile homes or trailers ( 3.19%), duplexes, homes converted to apartments or other small apartment buildings ( 3.08%), and a few large apartment complexes or high rise apartments ( 1.57%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Social Circle. Owner-occupied housing accounts for 78.30% of Social Circle's homes, and 75.35% have either three or four bedrooms, which is average sized relative to America.
Social Circle homes and real estate are some of the newest in America. 46.11% of Social Circle'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 Social Circle real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.20%), and between 1940-1969 ( 11.75%). There's also some housing in Social Circle built before 1939 ( 7.94%).
In the last 10 years, Social Circle has experienced some of the highest home appreciation rates of any community in the nation. Social Circle real estate appreciated 125.16% over the last ten years, which is an average annual home appreciation rate of 8.45%, putting Social Circle in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Social Circle 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, Social Circle appreciation rates have trailed the rest of the nation. In the last twelve months, Social Circle's appreciation rate has been -2.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Social Circle were at -0.28%, which equates to an annual appreciation rate of -1.11%.
Relative to Georgia, our data show that Social Circle's latest annual appreciation rate is lower than 90% of the other cities and towns in Georgia.
$301,882
for Georgia
for nation
1,784
$1,870 / per month