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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Royston, GA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Royston, GA Housing Market Trends

With a population of 2,645, 976 total housing units (homes and apartments), and a median house value of $309,805, Royston real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Royston, accounting for 63.10% of the city's housing units. Other types of housing that are prevalent in Royston include duplexes, homes converted to apartments or other small apartment buildings ( 15.60%), large apartment complexes or high rise apartments ( 13.73%), and a few mobile homes or trailers ( 4.90%).

People in Royston primarily live in small (one, two or no bedroom) single-family detached homes. Royston has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Royston built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Royston built between 1940-1969 ( 29.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.76%). There's also some housing in Royston built before 1939 ( 10.96%).

Vacant housing appears to be an issue in Royston. Fully 13.01% of the housing stock is classified as vacant. Left unchecked, vacant Royston homes and apartments can be a drag on the real estate market, holding Royston real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Royston Home Appreciation Rates

In the last 10 years, Royston has experienced some of the highest home appreciation rates of any community in the nation. Royston real estate appreciated 147.53% over the last ten years, which is an average annual home appreciation rate of 9.49%, putting Royston in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Royston definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Royston that despite a nationwide downturn in the housing market, Royston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Royston appreciation rates continue to be some of the highest in America, at 6.97%, which is higher than appreciation rates in 74.57% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Royston. Royston appreciation rates in the latest quarter were at 1.22%, which equates to an annual appreciation rate of 4.98%.

Relative to Georgia, our data show that Royston's latest annual appreciation rate is higher than 70% of the other cities and towns in Georgia.

Average Home Values

Median Home Value

$309,805

Royston, GA Home Prices
> $1,577,000
$1,183,001 - $1,577,000
$789,001 - $1,183,000
$631,001 - $789,000
$473,001 - $631,000
$316,001 - $473,000
$158,001 - $316,000
$79,001 - $158,000
$0 - $79,000
0.3%
0.3%
0.0%
0.0%
8.0%
8.0%
3.3%
3.3%
12.7%
12.7%
17.8%
17.8%
34.0%
34.0%
15.1%
15.1%
8.9%
8.9%
0% 100.0%
% of Homes
High

for Georgia

High

for nation

Number of Homes And Apartments:

976

Royston Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,298 / per month

Homeownership Rate

Owners
Renters
49.2%
49.2%
50.8%
50.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
13.0%
13.0%
87.0%
87.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.8%
16.8%
42.8%
42.8%
29.5%
29.5%
11.0%
11.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
63.1%
63.1%
2.7%
2.7%
15.6%
15.6%
13.7%
13.7%
4.9%
4.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
15.2%
15.2%
35.3%
35.3%
33.5%
33.5%
7.1%
7.1%
8.2%
8.2%
0% 100.0%
% of Homes