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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 Q2 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (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

$302,112

Number Of Homes And Apartments:

3,885,371

Georgia Home Prices

> $1,519,000
$1,139,209 - $1,519,000
$759,533 - $1,139,208
$607,702 - $759,532
$455,740 - $607,701
$303,856 - $455,739
$151,905 - $303,855
$75,987 - $151,904
$0 - $75,986
1.4%
1.4%
1.7%
1.7%
5.8%
5.8%
6.2%
6.2%
11.6%
11.6%
21.5%
21.5%
31.8%
31.8%
12.6%
12.6%
7.5%
7.5%
0% 100.0%
% of Homes

Georgia Appreciation Rates

Rent & Homeownership

Average Market Rent:

$2,305 / per month

Homeownership Rate

Owners
Renters
Vacant
63.0%
63.0%
37.0%
37.0%
11.2%
11.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
29.8%
29.8%
49.4%
49.4%
16.7%
16.7%
4.1%
4.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.7%
66.7%
4.2%
4.2%
5.0%
5.0%
15.8%
15.8%
8.2%
8.2%
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
1.4%
1.4%
7.6%
7.6%
21.5%
21.5%
42.1%
42.1%
19.7%
19.7%
7.7%
7.7%
0% 100.0%
% of Homes