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 Q3 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:
$184,543

Number Of Homes And Apartments:
3,694,748

Georgia Home Prices

Value Range
> $1,294,548 1.0
$971,028 - $1,294,548 1.1
$647,273 - $971,027 3.5
$517,760 - $647,272 3.7
$388,291 - $517,759 7.6
$258,925 - $388,290 15.7
$129,496 - $258,924 35.7
$64,799 - $129,495 20.7
$0 - $64,798 11.0

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q2 - 2019 Q3
0.56% 2.25%
2
Last 12 Months:
2018 Q3 - 2019 Q3
5.63% 5.63%
9
Last 2 Years:
2017 Q3 - 2019 Q3
14.87% 7.18%
9
Last 5 Years:
2014 Q3 - 2019 Q3
38.62% 6.75%
9
Last 10 Years:
2009 Q3 - 2019 Q3
32.24% 2.83%
7
Since 2000:
2000 Q1 - 2019 Q3
70.23% 2.77%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,325 / 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