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 55,074, 21,663 total housing units (homes and apartments), and a median house value of $164,696, house prices in Valdosta are solidly below the national average.
Single-family detached homes are the single most common housing type in Valdosta, accounting for 65.11% of the city's housing units. Other types of housing that are prevalent in Valdosta include large apartment complexes or high rise apartments ( 21.03%), duplexes, homes converted to apartments or other small apartment buildings ( 10.35%), and a few row houses and other attached homes ( 2.00%).
The most prevalent building size and type in Valdosta are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 38.49% owning and 61.51% renting.
There is a lot of housing in Valdosta 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 Valdosta built between 1940-1969 ( 22.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.90%). There's also some housing in Valdosta built before 1939 ( 4.21%).
Vacant housing appears to be an issue in Valdosta. Fully 12.78% of the housing stock is classified as vacant. Left unchecked, vacant Valdosta homes and apartments can be a drag on the real estate market, holding Valdosta real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Valdosta, where house values have increased just 54.10%, which is annualized rate of 4.42%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Valdosta that despite a nationwide downturn in the housing market, Valdosta real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Valdosta appreciation rates continue to be some of the highest in America, at 11.55%, which is higher than appreciation rates in 92.60% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Valdosta. Valdosta appreciation rates in the latest quarter were at 1.65%, which equates to an annual appreciation rate of 6.78%.
Relative to Georgia, our data show that Valdosta's latest annual appreciation rate is higher than 90% 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 Valdosta differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Valdosta - 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 Valdosta real estate investment or home purchase decisions.
$164,696
for Georgia
for nation
21,663
$1,691 / per month