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 10,698 people, 3,639 houses or apartments, and a median cost of homes of $437,290, Scottdale real estate is some of the most expensive in Georgia, although Scottdale home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Scottdale, accounting for 46.39% of the town's housing units. Other types of housing that are prevalent in Scottdale include large apartment complexes or high rise apartments ( 39.13%), row houses and other attached homes ( 7.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.93%).
People in Scottdale primarily live in small (one, two or no bedroom) single-family detached homes. Scottdale has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Scottdale 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 Scottdale built between 1940-1969 ( 30.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 27.51%). There's also some housing in Scottdale built before 1939 ( 3.10%).
Vacant housing appears to be an issue in Scottdale. Fully 17.69% of the housing stock is classified as vacant. Left unchecked, vacant Scottdale homes and apartments can be a drag on the real estate market, holding Scottdale real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Scottdale has experienced some of the highest home appreciation rates of any community in the nation. Scottdale real estate appreciated 129.62% over the last ten years, which is an average annual home appreciation rate of 8.67%, putting Scottdale in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Scottdale definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Scottdale's appreciation rate, at 5.67%, has been at or slightly above the national average. In the latest quarter, Scottdale's appreciation rate has been 2.20%, which annualizes to a rate of 9.09%.
Relative to Georgia, our data show that Scottdale's latest annual appreciation rate is lower than 70% of the other cities and towns in Georgia.
$437,290
for Georgia
for nation
3,639
$2,358 / per month