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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Milton, GA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Milton, GA Housing Market Trends

With 41,836 people, 15,192 houses or apartments, and a median cost of homes of $1,057,309, Milton house prices are not only among the most expensive in Georgia, Milton real estate also is some of the most expensive in all of America.

Milton is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Milton than is found in 98% of the communities in America.

The large homes that make up Milton are primarily owner-occupied ( 73.91%).

Milton homes and real estate are some of the newest in America. 52.32% of Milton'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 Milton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 45.36%), and between 1940-1969 ( 1.73%).

Milton Home Appreciation Rates

In the last 10 years, Milton has experienced some of the highest home appreciation rates of any community in the nation. Milton real estate appreciated 135.27% over the last ten years, which is an average annual home appreciation rate of 8.93%, putting Milton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Milton 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 Milton that despite a nationwide downturn in the housing market, Milton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Milton appreciation rates continue to be some of the highest in America, at 12.33%, which is higher than appreciation rates in 94.32% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Milton. Milton appreciation rates in the latest quarter were at 2.20%, which equates to an annual appreciation rate of 9.09%.

Relative to Georgia, our data show that Milton's latest annual appreciation rate is higher than 90% of the other cities and towns in Georgia.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Milton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Milton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Milton real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$1,057,309

Milton, GA Home Prices
> $1,605,000
$1,204,001 - $1,605,000
$803,001 - $1,204,000
$642,001 - $803,000
$481,001 - $642,000
$321,001 - $481,000
$161,001 - $321,000
$80,001 - $161,000
$0 - $80,000
17.3%
17.3%
21.4%
21.4%
23.4%
23.4%
7.3%
7.3%
12.2%
12.2%
13.0%
13.0%
3.5%
3.5%
0.6%
0.6%
1.3%
1.3%
0% 100.0%
% of Homes
Very High

for Georgia

Very High

for nation

Number of Homes And Apartments:

15,192

Milton Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,534 / per month

Homeownership Rate

Owners
Renters
73.9%
73.9%
26.1%
26.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.3%
3.3%
96.7%
96.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
52.3%
52.3%
45.4%
45.4%
1.7%
1.7%
0.6%
0.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.4%
65.4%
16.5%
16.5%
0.3%
0.3%
17.3%
17.3%
0.5%
0.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
12.1%
12.1%
7.8%
7.8%
25.6%
25.6%
22.0%
22.0%
31.9%
31.9%
0% 100.0%
% of Homes