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 12,347, 3,928 total housing units (homes and apartments), and a median house value of $317,951, Port Wentworth real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Port Wentworth, accounting for 67.45% of the city's housing units. Other types of housing that are prevalent in Port Wentworth include large apartment complexes or high rise apartments ( 26.72%), row houses and other attached homes ( 4.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.72%).
The most prevalent building size and type in Port Wentworth are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.09% owning and 37.91% renting.
Port Wentworth homes and real estate are some of the newest in America. 71.12% of Port Wentworth'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 Port Wentworth real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 17.58%), and between 1940-1969 ( 11.19%).
In the last 10 years, Port Wentworth has experienced some of the highest home appreciation rates of any community in the nation. Port Wentworth real estate appreciated 131.07% over the last ten years, which is an average annual home appreciation rate of 8.74%, putting Port Wentworth in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Port Wentworth 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 Port Wentworth that despite a nationwide downturn in the housing market, Port Wentworth real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Port Wentworth appreciation rates continue to be some of the highest in America, at 12.06%, which is higher than appreciation rates in 93.77% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Port Wentworth. Port Wentworth appreciation rates in the latest quarter were at -1.20%, which equates to an annual appreciation rate of -4.70%.
Notably, Port Wentworth's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Georgia, our data show that Port Wentworth's latest annual appreciation rate is higher than 90% of the other cities and towns in Georgia.
$317,951
for Georgia
for nation
3,928
$2,976 / per month