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 Q1 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

Average Home Values

Median Home Value:
$191,824

Number Of Homes And Apartments:
3,709,488

Georgia Home Prices

Value Range
> $1,243,743 1.0
$932,838 - $1,243,743 1.2
$621,818 - $932,837 3.9
$497,503 - $621,817 4.1
$373,067 - $497,502 8.2
$248,758 - $373,066 16.9
$124,358 - $248,757 35.6
$62,184 - $124,357 19.1
$0 - $62,183 9.9

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q4 - 2020 Q1
1.20% 4.90%
8
Last 12 Months:
2019 Q1 - 2020 Q1
6.26% 6.26%
9
Last 2 Years:
2018 Q1 - 2020 Q1
13.64% 6.60%
10
Last 5 Years:
2015 Q1 - 2020 Q1
39.08% 6.82%
9
Last 10 Years:
2010 Q1 - 2020 Q1
39.95% 3.42%
7
Since 2000:
2000 Q1 - 2020 Q1
74.05% 2.81%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,312 / per month

Homeownership Rate

Homeownership
Owners 61.49
Renters 38.51
Vacant 12.53

Housing Details

Age of Homes

AGE OF Georgia HOMES
2000 or Newer 26.4
1970 - 1999 51.7
1940 - 1969 17.6
1939 or Older 4.2

Types of Homes

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

Home Size

SIZE OF Georgia HOMES
No Bedroom 1.49
1 Bedroom 7.32
2 Bedrooms 22.38
3 Bedrooms 42.91
4 Bedrooms 18.86
5 or more bedrooms 7.04