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 7,746 people, 2,561 houses or apartments, and a median cost of homes of $308,944, Bremen 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 Bremen, accounting for 81.66% of the city's housing units. Other types of housing that are prevalent in Bremen include duplexes, homes converted to apartments or other small apartment buildings ( 6.62%), large apartment complexes or high rise apartments ( 4.81%), and a few mobile homes or trailers ( 4.12%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bremen. Owner-occupied housing accounts for 68.15% of Bremen's homes, and 52.95% have either three or four bedrooms, which is average sized relative to America.
Bremen homes and real estate are some of the newest in America. 43.15% of Bremen'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 Bremen real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.34%), and between 1940-1969 ( 23.22%). There's also some housing in Bremen built before 1939 ( 3.29%).
In the last 10 years, Bremen has experienced some of the highest home appreciation rates of any community in the nation. Bremen real estate appreciated 140.83% over the last ten years, which is an average annual home appreciation rate of 9.19%, putting Bremen in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bremen 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 Bremen that despite a nationwide downturn in the housing market, Bremen real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bremen appreciation rates continue to be some of the highest in America, at 12.09%, which is higher than appreciation rates in 93.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bremen. Bremen 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 Bremen's latest annual appreciation rate is higher than 90% of the other cities and towns in Georgia.
$308,944
for Georgia
for nation
2,561
$1,628 / per month