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 a population of 1,565, 600 total housing units (homes and apartments), and a median house value of $324,516, Comer real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Comer, accounting for 64.82% of the city's housing units. Other types of housing that are prevalent in Comer include duplexes, homes converted to apartments or other small apartment buildings ( 31.95%), mobile homes or trailers ( 2.77%).
The most prevalent building size and type in Comer are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.75% owning and 52.25% renting.
There is a lot of housing in Comer 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 Comer built between 2000 and later ( 27.50%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.20%). There's also some housing in Comer built before 1939 ( 13.21%).
In the last 10 years, Comer has experienced some of the highest home appreciation rates of any community in the nation. Comer real estate appreciated 171.08% over the last ten years, which is an average annual home appreciation rate of 10.49%, putting Comer in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Comer 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 Comer that despite a nationwide downturn in the housing market, Comer real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Comer appreciation rates continue to be some of the highest in America, at 12.73%, which is higher than appreciation rates in 95.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Comer. Comer appreciation rates in the latest quarter were at -0.92%, which equates to an annual appreciation rate of -3.64%.
Notably, Comer's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Georgia, our data show that Comer's latest annual appreciation rate is higher than 90% of the other cities and towns in Georgia.
$324,516
for Georgia
for nation
600
$1,450 / per month