Jefferson, GA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jefferson, GA Housing Market Trends

With a population of 12,032, 3,933 total housing units (homes and apartments), and a median house value of $293,747, Jefferson real estate is some of the most expensive in Georgia, although Jefferson home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Jefferson, accounting for 73.34% of the city's housing units. Other types of housing that are prevalent in Jefferson include large apartment complexes or high rise apartments ( 10.86%), duplexes, homes converted to apartments or other small apartment buildings ( 10.19%), and a few mobile homes or trailers ( 4.93%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jefferson. Owner-occupied housing accounts for 68.41% of Jefferson's homes, and 62.64% have either three or four bedrooms, which is average sized relative to America.

Jefferson homes and real estate are some of the newest in America. 55.05% of Jefferson'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 Jefferson real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.85%), and between 1940-1969 ( 14.18%). There's also some housing in Jefferson built before 1939 ( 3.93%).

Jefferson Home Appreciation Rates

In the last 10 years, Jefferson has experienced some of the highest home appreciation rates of any community in the nation. Jefferson real estate appreciated 75.24% over the last ten years, which is an average annual home appreciation rate of 5.77%, putting Jefferson in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Jefferson 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, Jefferson appreciation rates have trailed the rest of the nation. In the last twelve months, Jefferson's appreciation rate has been 7.26%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jefferson were at 2.73%, which equates to an annual appreciation rate of 11.39%.

Relative to Georgia, our data show that Jefferson's latest annual appreciation rate is lower than 80% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$293,747

Jefferson, GA HOME PRICES

> $1,290,000
0.8%
0.8%
$968,001 - $1,290,000
0.8%
0.8%
$645,001 - $968,000
3.1%
3.1%
$516,001 - $645,000
4.1%
4.1%
$387,001 - $516,000
8.4%
8.4%
$258,001 - $387,000
34.8%
34.8%
$129,001 - $258,000
38.5%
38.5%
$64,001 - $129,000
6.4%
6.4%
$0 - $64,000
3.0%
3.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for GA

Value Relative To Nation

Number Of Homes And Apartments:
3,933

Jefferson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
61.57% 2.26%
6
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$999 / per month

Homeownership Rate

Owners
68.4%
68.4%
Renters
31.6%
31.6%
Vacant
8.1%
8.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
55.0%
55.0%
1970 - 1999
26.8%
26.8%
1940 - 1969
14.2%
14.2%
1939 or Older
3.9%
3.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
73.3%
73.3%
Townhomes
0.0%
0.0%
Small Apt. Buildings
10.2%
10.2%
Apt. Complexes
10.9%
10.9%
Mobile Homes
4.9%
4.9%
Other
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
5.0%
5.0%
1 Bedroom
3.6%
3.6%
2 Bedrooms
17.2%
17.2%
3 Bedrooms
38.0%
38.0%
4 Bedrooms
24.7%
24.7%
5 or more bedrooms
11.5%
11.5%
0.0% 100.0%
% OF HOMES