Georgia
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q4 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$180,679

Number Of Homes And Apartments:
3,663,104

Georgia Home Prices

Value Range
> $1,283,745 1.0
$962,836 - $1,283,745 1.1
$641,692 - $962,835 3.5
$513,419 - $641,691 3.7
$385,196 - $513,418 7.6
$256,667 - $385,195 15.7
$128,338 - $256,666 35.7
$64,081 - $128,337 20.7
$0 - $64,080 11.0

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q3 - 2018 Q4
0.47% 1.90%
6
Last 12 Months:
2017 Q4 - 2018 Q4
8.23% 8.23%
9
Last 2 Years:
2016 Q4 - 2018 Q4
15.96% 7.68%
9
Last 5 Years:
2013 Q4 - 2018 Q4
40.27% 7.00%
8
Last 10 Years:
2008 Q4 - 2018 Q4
20.05% 1.84%
6
Since 2000:
2000 Q1 - 2018 Q4
62.86% 2.64%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,263 / per month

Homeownership Rate

Homeownership
Owners 61.38
Renters 38.62
Vacant 12.85

Housing Details

Age of Homes

AGE OF Georgia HOMES
2000 or Newer 25.8
1970 - 1999 52.1
1940 - 1969 17.8
1939 or Older 4.3

Types of Homes

TYPE OF Georgia HOMES
Single-Family 66.5
Townhomes 3.8
Small Apt. Buildings 5.2
Apt. Complexes 15.4
Mobile Homes 9.1
Other 0.1

Home Size

SIZE OF Georgia HOMES
No Bedroom 1.42
1 Bedroom 7.28
2 Bedrooms 22.65
3 Bedrooms 43.14
4 Bedrooms 18.67
5 or more bedrooms 6.83