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 Q2 2019. 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:
$179,784

Number Of Homes And Apartments:
3,663,104

Georgia Home Prices

Value Range
> $1,259,369 1.0
$944,210 - $1,259,369 1.1
$629,475 - $944,209 3.5
$503,625 - $629,474 3.7
$377,883 - $503,624 7.6
$251,929 - $377,882 15.7
$125,931 - $251,928 35.7
$63,001 - $125,930 20.7
$0 - $63,000 11.0

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q1 - 2019 Q2
2.80% 11.66%
10
Last 12 Months:
2018 Q2 - 2019 Q2
7.20% 7.20%
10
Last 2 Years:
2017 Q2 - 2019 Q2
16.05% 7.73%
9
Last 5 Years:
2014 Q2 - 2019 Q2
40.55% 7.04%
9
Last 10 Years:
2009 Q2 - 2019 Q2
26.14% 2.35%
6
Since 2000:
2000 Q1 - 2019 Q2
69.38% 2.78%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,314 / 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