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 29,869 people, 12,259 houses or apartments, and a median cost of homes of $462,348, Chamblee real estate is some of the most expensive in Georgia, although Chamblee home values aren't among America's most expensive.
Large apartment complexes or high rise apartments are the single most common housing type in Chamblee, accounting for 47.52% of the city's housing units. Other types of housing that are prevalent in Chamblee include single-family detached homes ( 36.02%), row houses and other attached homes ( 8.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.22%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
People in Chamblee primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Chamblee has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Chamblee 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 Chamblee built between 1940-1969 ( 35.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 28.21%).
Appreciation rates for homes in Chamblee have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.50%, which ranks in the top 40% nationwide. This equates to an annual average Chamblee house appreciation rate of 7.20%.
Over the last year, Chamblee appreciation rates have trailed the rest of the nation. In the last twelve months, Chamblee's appreciation rate has been 4.96%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chamblee were at 2.20%, which equates to an annual appreciation rate of 9.09%.
Relative to Georgia, our data show that Chamblee's latest annual appreciation rate is lower than 80% of the other cities and towns in Georgia.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Chamblee differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chamblee - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Chamblee real estate investment or home purchase decisions.
$462,348
for Georgia
for nation
12,259
$3,111 / per month