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 578, 241 total housing units (homes and apartments), and a median house value of $203,175, 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 56.52% of the city's housing units. Other types of housing that are prevalent in Helen include duplexes, homes converted to apartments or other small apartment buildings ( 18.39%), large apartment complexes or high rise apartments ( 17.73%), and a few row houses and other attached homes ( 6.86%).
The most prevalent building size and type in Helen are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.07% owning and 36.93% renting.
There is a lot of housing in Helen 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 Helen built between 2000 and later ( 40.64%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.85%).
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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Helen, where house values have increased just 44.50%, which is annualized rate of 3.75%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Helen's appreciation rate, at 7.44%, has been at or slightly above the national average. In the latest quarter, Helen's appreciation rate has been 0.64%, which annualizes to a rate of 2.59%.
Relative to Georgia, our data show that Helen's latest annual appreciation rate is lower than 50% of the other cities and towns in Georgia.
$203,175
for Georgia
for nation
241
$1,418 / per month