BUFORD HOUSING MARKET INFORMATION With a population of 18,273, 5,216 total housing units (homes and apartments), and a median house value of $520,193, Buford real estate is some of the most expensive in Georgia, although Buford home values aren't among America's most expensive. Single-family detached homes are the single most common housing type in Buford, accounting for 69.64% of the city's housing units. Other types of housing that are prevalent in Buford include large apartment complexes or high rise apartments ( 11.18%), mobile homes or trailers ( 8.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.11%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Buford. Owner-occupied housing accounts for 69.68% of Buford's homes, and 52.71% have either three or four bedrooms, which is average sized relative to America. Buford homes and real estate are some of the newest in America. 41.55% of Buford'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 Buford real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.86%), and between 1940-1969 ( 17.16%). There's also some housing in Buford built before 1939 ( 4.43%). Vacant housing appears to be an issue in Buford. Fully 11.53% of the housing stock is classified as vacant. Left unchecked, vacant Buford homes and apartments can be a drag on the real estate market, holding Buford 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. BUFORD HOME APPRECIATION RATES In the last 10 years, Buford has experienced some of the highest home appreciation rates of any community in the nation. Buford real estate appreciated 147.04% over the last ten years, which is an average annual home appreciation rate of 9.47%, putting Buford in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Buford 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, Buford appreciation rates have trailed the rest of the nation. In the last twelve months, Buford's appreciation rate has been 5.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Buford were at 0.78%, which equates to an annual appreciation rate of 3.14%. Relative to Georgia, our data show that Buford's latest annual appreciation rate is lower than 80% 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 Buford differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Buford - 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 Buford real estate investment or home purchase decisions.