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 2,183 people, 1,111 houses or apartments, and a median cost of homes of $277,399, Bowdon real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Bowdon, accounting for 59.03% of the city's housing units. Other types of housing that are prevalent in Bowdon include mobile homes or trailers ( 18.48%), duplexes, homes converted to apartments or other small apartment buildings ( 16.15%), and a few large apartment complexes or high rise apartments ( 6.33%).
The most prevalent building size and type in Bowdon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.60% owning and 49.40% renting.
There is a lot of housing in Bowdon 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 Bowdon built between 1940-1969 ( 25.15%). A lesser amount of the housing stock also hails from before 1939 ( 11.57%). There's also some housing in Bowdon built between 2000 and later ( 6.58%).
In the last 10 years, Bowdon has experienced some of the highest home appreciation rates of any community in the nation. Bowdon real estate appreciated 142.90% over the last ten years, which is an average annual home appreciation rate of 9.28%, putting Bowdon in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bowdon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Bowdon that despite a nationwide downturn in the housing market, Bowdon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bowdon appreciation rates continue to be some of the highest in America, at 8.59%, which is higher than appreciation rates in 76.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bowdon. Bowdon appreciation rates in the latest quarter were at 2.20%, which equates to an annual appreciation rate of 9.09%.
Relative to Georgia, our data show that Bowdon's latest annual appreciation rate is higher than 70% of the other cities and towns in Georgia.
$277,399
for Georgia
for nation
1,111
$1,428 / per month