Georgia
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






Georgia Real Estate Values & Housing Market Data

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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$196,133

Number Of Homes And Apartments:
3,744,027

Georgia Home Prices

> $1,270,681
1.0%
1.0%
$953,243 - $1,270,681
1.2%
1.2%
$635,461 - $953,242
3.9%
3.9%
$508,383 - $635,460
4.1%
4.1%
$381,325 - $508,382
8.2%
8.2%
$254,151 - $381,324
16.9%
16.9%
$127,071 - $254,150
35.6%
35.6%
$63,592 - $127,070
19.1%
19.1%
$0 - $63,591
9.9%
9.9%
0.0% 100.0%
% OF HOMES

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q2 - 2020 Q3
2.02% 8.35%
7
Last 12 Months:
2019 Q3 - 2020 Q3
5.54% 5.54%
8
Last 2 Years:
2018 Q3 - 2020 Q3
11.62% 5.65%
9
Last 5 Years:
2015 Q3 - 2020 Q3
36.25% 6.38%
9
Last 10 Years:
2010 Q3 - 2020 Q3
44.41% 3.74%
7
Since 2000:
2000 Q1 - 2020 Q3
77.57% 2.84%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,349 / per month

Homeownership Rate

Owners
61.5%
61.5%
Renters
38.5%
38.5%
Vacant
12.5%
12.5%
0.0% 100.0%
% OF HOMES

Housing Details

Age of Homes

2000 or Newer
26.4%
26.4%
1970 - 1999
51.7%
51.7%
1940 - 1969
17.6%
17.6%
1939 or Older
4.2%
4.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
66.4%
66.4%
Townhomes
3.8%
3.8%
Small Apt. Buildings
5.1%
5.1%
Apt. Complexes
15.5%
15.5%
Mobile Homes
9.0%
9.0%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
7.3%
7.3%
2 Bedrooms
22.4%
22.4%
3 Bedrooms
42.9%
42.9%
4 Bedrooms
18.9%
18.9%
5 or more bedrooms
7.0%
7.0%
0.0% 100.0%
% OF HOMES