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 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:
$175,863

Number Of Homes And Apartments:
3,611,706

Georgia Home Prices

Value Range
> $1,294,335 0.9
$970,783 - $1,294,335 0.9
$646,895 - $970,782 3.1
$517,644 - $646,894 3.4
$388,229 - $517,643 7.2
$258,796 - $388,228 15.1
$129,316 - $258,795 35.7
$64,730 - $129,315 22.1
$0 - $64,729 11.7

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
2.94% 12.29%
8
Last 12 Months:
2017 Q2 - 2018 Q2
8.32% 8.32%
9
Last 2 Years:
2016 Q2 - 2018 Q2
16.00% 7.70%
8
Last 5 Years:
2013 Q2 - 2018 Q2
40.49% 7.04%
8
Last 10 Years:
2008 Q2 - 2018 Q2
13.62% 1.29%
5
Since 2000:
2000 Q1 - 2018 Q2
59.00% 2.57%
3
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,252 / 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