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 3,698 people, 1,209 houses or apartments, and a median cost of homes of $191,612, house prices in Echols County are solidly below the national average.
Single-family detached homes are the single most common housing type in Echols County, accounting for 47.56% of the town's housing units. Other types of housing that are prevalent in Echols County include mobile homes or trailers ( 47.15%), row houses and other attached homes ( 3.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.02%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Echols County. Owner-occupied housing accounts for 76.65% of Echols County's homes, and 63.43% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Echols County 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 Echols County built between 2000 and later ( 24.36%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.62%).
Vacant housing appears to be an issue in Echols County. Fully 17.98% of the housing stock is classified as vacant. Left unchecked, vacant Echols County homes and apartments can be a drag on the real estate market, holding Echols County 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.
Real estate appreciation rates in Echols County's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.04% during the period.
Appreciation rates are so strong in Echols County that despite a nationwide downturn in the housing market, Echols County real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Echols County appreciation rates continue to be some of the highest in America, at 14.17%, which is higher than appreciation rates in 99.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Echols County. Echols County appreciation rates in the latest quarter were at -0.13%, which equates to an annual appreciation rate of -0.52%.
Notably, Echols County's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Georgia, our data show that Echols County's latest annual appreciation rate is higher than 90% of the other cities and towns in Georgia.
$191,612
for Georgia
for nation
1,209
$1,312 / per month