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 303 people, 128 houses or apartments, and a median cost of homes of $204,192, house prices in Box Springs are solidly below the national average.
Mobile homes or trailers are the single most common housing type in Box Springs, accounting for 68.75% of the town's housing units. Other types of housing that are prevalent in Box Springs include single-family detached homes ( 20.31%), row houses and other attached homes ( 10.94%).
Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Box Springs. Owner-occupied housing accounts for 92.97% of Box Springs's homes, and 87.50% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Box Springs 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 Box Springs built between 2000 and later ( 39.84%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.13%).
Appreciation rates for homes in Box Springs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.92%, which ranks in the top 30% nationwide. This equates to an annual average Box Springs house appreciation rate of 7.65%.
NeighborhoodScout's data show that during the latest twelve months, Box Springs's appreciation rate, at 7.21%, has been at or slightly above the national average. In the latest quarter, Box Springs's appreciation rate has been 9.24%, which annualizes to a rate of 42.38%.
Importantly, this makes Box Springs one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Georgia, our data show that Box Springs's latest annual appreciation rate is lower than 50% of the other cities and towns in Georgia.
$204,192
for Georgia
for nation
128
$990 / per month