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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 Q1 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

Average Home Values

Median Home Value

$347,194

Number Of Homes And Apartments:

3,946,490

Georgia Home Prices

> $1,470,327
$1,102,827 - $1,470,327
$735,208 - $1,102,826
$588,190 - $735,207
$441,188 - $588,189
$294,040 - $441,187
$147,001 - $294,039
$73,567 - $147,000
$0 - $73,566
2.0%
2.0%
2.5%
2.5%
8.1%
8.1%
8.5%
8.5%
14.0%
14.0%
23.5%
23.5%
25.3%
25.3%
9.5%
9.5%
6.5%
6.5%
0% 100.0%
% of Homes

Georgia Appreciation Rates

Rent & Homeownership

Average Market Rent:

$2,244 / per month

Homeownership Rate

Owners
Renters
63.5%
63.5%
36.5%
36.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.8%
10.8%
89.2%
89.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
31.4%
31.4%
48.3%
48.3%
16.3%
16.3%
4.0%
4.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.6%
66.6%
4.2%
4.2%
5.0%
5.0%
15.9%
15.9%
8.1%
8.1%
0.1%
0.1%
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%
7.7%
7.7%
21.2%
21.2%
41.8%
41.8%
19.9%
19.9%
7.9%
7.9%
0% 100.0%
% of Homes