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Georgia
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Georgia Real Estate Market & Appreciation

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 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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:
$278,145

Number Of Homes And Apartments:
3,830,264

Georgia Home Prices

> $1,518,691
$1,139,037 - $1,518,691
$759,216 - $1,139,036
$607,422 - $759,215
$455,594 - $607,421
$303,678 - $455,593
$151,863 - $303,677
$75,963 - $151,862
$0 - $75,962
1.3%
1.3%
1.5%
1.5%
5.0%
5.0%
5.5%
5.5%
10.3%
10.3%
20.3%
20.3%
34.0%
34.0%
14.3%
14.3%
7.8%
7.8%
0.0% 100.0%
% OF HOMES

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2022 Q1 - 2022 Q2
7.35% 32.80%
8
Last 12 Months:
2021 Q2 - 2022 Q2
25.47% 25.47%
9
Last 2 Years:
2020 Q2 - 2022 Q2
42.22% 19.26%
9
Last 5 Years:
2017 Q2 - 2022 Q2
69.70% 11.16%
9
Last 10 Years:
2012 Q2 - 2022 Q2
127.88% 8.59%
9
Since 2000:
2000 Q1 - 2022 Q2
145.12% 4.11%
5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,849 / per month

Homeownership Rate

Owners
Renters
Vacant
62.4%
62.4%
37.6%
37.6%
11.5%
11.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
28.2%
28.2%
50.5%
50.5%
17.0%
17.0%
4.2%
4.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.6%
66.6%
4.1%
4.1%
5.1%
5.1%
15.5%
15.5%
8.6%
8.6%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.5%
1.5%
7.5%
7.5%
21.7%
21.7%
42.4%
42.4%
19.4%
19.4%
7.5%
7.5%
0.0% 100.0%
% OF HOMES