Analytics built by:
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: Ä¢¹½ÊÓÆµ uses over 600 characteristics to build a neighborhood profile…
With a population of 7,712, 2,602 total housing units (homes and apartments), and a median house value of $282,910, Bremen real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Bremen, accounting for 77.65% of the city's housing units. Other types of housing that are prevalent in Bremen include duplexes, homes converted to apartments or other small apartment buildings ( 9.92%), large apartment complexes or high rise apartments ( 8.62%), and a few row houses and other attached homes ( 3.50%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bremen. Owner-occupied housing accounts for 68.72% of Bremen's homes, and 48.32% have either three or four bedrooms, which is average sized relative to America.
Bremen homes and real estate are some of the newest in America. 40.57% of Bremen'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 Bremen real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.90%), and between 1940-1969 ( 25.16%). There's also some housing in Bremen built before 1939 ( 3.36%).
Appreciation rates for homes in Bremen have been tracking above average for the last ten years, according to Ä¢¹½ÊÓÆµ data. The cumulative appreciation rate over the ten years has been 112.08%, which ranks in the top 30% nationwide. This equates to an annual average Bremen house appreciation rate of 7.81%.
Over the last year, Bremen appreciation rates have trailed the rest of the nation. In the last twelve months, Bremen's appreciation rate has been -1.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, Ä¢¹½ÊÓÆµ's data show that house appreciation rates in Bremen were at 1.38%, which equates to an annual appreciation rate of 5.61%.
Relative to Georgia, our data show that Bremen's latest annual appreciation rate is lower than 90% of the other cities and towns in Georgia.
$282,910
for Georgia
for nation
2,602
$1,376 / per month