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 785 people, 286 houses or apartments, and a median cost of homes of $349,395, Blairsville real estate prices are well above average cost compared to national prices.
Large apartment complexes or high rise apartments are the single most common housing type in Blairsville, accounting for 34.08% of the city's housing units. Other types of housing that are prevalent in Blairsville include single-family detached homes ( 31.51%), duplexes, homes converted to apartments or other small apartment buildings ( 25.72%), and a few mobile homes or trailers ( 8.68%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
Blairsville is dominated by renter-occupied one, two, or no bedrooms apartments. 82.07% of Blairsville's dwellings are rentals.
There is a lot of housing in Blairsville 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 Blairsville built between 2000 and later ( 25.72%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.47%). There's also some housing in Blairsville built before 1939 ( 3.22%).
In the last 10 years, Blairsville has experienced some of the highest home appreciation rates of any community in the nation. Blairsville real estate appreciated 117.22% over the last ten years, which is an average annual home appreciation rate of 8.07%, putting Blairsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Blairsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Blairsville's appreciation rate, at 3.47%, has been at or slightly above the national average. In the latest quarter, Blairsville's appreciation rate has been 0.92%, which annualizes to a rate of 3.75%.
Relative to Georgia, our data show that Blairsville's latest annual appreciation rate is lower than 50% 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 Blairsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Blairsville - 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 Blairsville real estate investment or home purchase decisions.
$349,395
for Georgia
for nation
286
$1,510 / per month