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 6,274, 1,829 total housing units (homes and apartments), and a median house value of $244,313, house prices in Temple are solidly below the national average.
Single-family detached homes are the single most common housing type in Temple, accounting for 81.09% of the city's housing units. Other types of housing that are prevalent in Temple include row houses and other attached homes ( 7.93%), mobile homes or trailers ( 7.32%), and a few large apartment complexes or high rise apartments ( 3.66%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Temple. Owner-occupied housing accounts for 87.81% of Temple's homes, and 69.40% have either three or four bedrooms, which is average sized relative to America.
Temple homes and real estate are some of the newest in America. 54.25% of Temple'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 Temple real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.16%), and between 1940-1969 ( 11.24%). There's also some housing in Temple built before 1939 ( 6.35%).
In the last 10 years, Temple has experienced some of the highest home appreciation rates of any community in the nation. Temple real estate appreciated 175.80% over the last ten years, which is an average annual home appreciation rate of 10.68%, putting Temple in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Temple definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Temple appreciation rates have trailed the rest of the nation. In the last twelve months, Temple's appreciation rate has been 5.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Temple were at 2.20%, which equates to an annual appreciation rate of 9.09%.
Relative to Georgia, our data show that Temple's latest annual appreciation rate is lower than 80% of the other cities and towns in Georgia.
$244,313
for Georgia
for nation
1,829
$2,075 / per month