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 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$171,081

Number Of Homes And Apartments:
3,611,706

Georgia Home Prices

Value Range
> $1,256,007 0.9
$942,001 - $1,256,007 0.9
$628,009 - $942,000 3.1
$502,407 - $628,008 3.4
$376,806 - $502,406 7.2
$251,204 - $376,805 15.1
$125,618 - $251,203 35.7
$62,826 - $125,617 22.1
$0 - $62,825 11.7

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
2.00% 8.24%
9
Last 12 Months:
2017 Q1 - 2018 Q1
8.45% 8.45%
9
Last 2 Years:
2016 Q1 - 2018 Q1
15.59% 7.51%
8
Last 5 Years:
2013 Q1 - 2018 Q1
39.31% 6.85%
8
Last 10 Years:
2008 Q1 - 2018 Q1
8.34% 0.80%
5
Since 2000:
2000 Q1 - 2018 Q1
54.05% 2.43%
2
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,219 / per month

Homeownership Rate

Homeownership
Owners 61.13
Renters 38.87
Vacant 13.11

Housing Details

Age of Homes

AGE OF Georgia HOMES
2000 or Newer 25.1
1970 - 1999 52.4
1940 - 1969 18.0
1939 or Older 4.4

Types of Homes

TYPE OF Georgia HOMES
Single-Family 66.3
Townhomes 3.7
Small Apt. Buildings 5.2
Apt. Complexes 15.5
Mobile Homes 9.3
Other 0.1

Home Size

SIZE OF Georgia HOMES
No Bedroom 1.39
1 Bedroom 7.34
2 Bedrooms 22.88
3 Bedrooms 43.41
4 Bedrooms 18.39
5 or more bedrooms 6.59