Housing in Georgia

The median home cost in Georgia is $186,500. Home appreciation the last 10 years has been 21.4%. Home Appreciation in Georgia is up 9.1%. Browse Georgia Real Estate

Average Age of Homes

- The median age of Georgia real estate is 25 years old

The Rental Market in Georgia

- Renters make up 30.8% of the Georgia population
- 2.6% of houses and apartments in Georgia, are available to rent

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DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING	Georgia, Georgia	United States
Median Home Age	29	40
Median Home Cost	$186,500	$231,200
Home Appr. Last 12 months	9.1%	6.7%
Home Appr. Last 5 yrs.	46.0%	35.6%
Home Appr. Last 10 yrs.	21.4%	27.4%
Property Tax Rate	$9.14	$11.78
Property Taxes Paid	$1,705	$2,724
Homes Owned	54.9%	56.0%
Housing Vacant	12.9%	12.2%
Homes Rented	32.3%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,295	$1,470
Studio Apartment	$790	$821
1 Bedroom Home or Apartment	$821	$930
2 Bedroom Home or Apartment	$958	$1,148
3 Bedroom Home or Apartment	$1,256	$1,537
4 Bedroom Home or Apartment	$1,520	$1,791
VACANT HOUSING
Vacant For Rent	2.6%	2.1%
Vacant Rented	0.5%	0.5%
Vacant For Sale	1.2%	1.0%
Vacant Sold	0.4%	0.5%
Vacant Vacation	2.5%	4.0%
Vacant Other	5.6%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	3.9%	3.5%
$20,000 to $39,999	3.9%	3.1%
$40,000 to $59,999	5.1%	3.9%
$60,000 to $79,999	7.1%	5.4%
$80,000 to $99,999	8.1%	6.3%
$100,000 to $149,999	18.4%	14.7%
$150,000 to $199,999	16.7%	14.6%
$200,000 to $299,999	17.2%	18.7%
$300,000 to $399,999	8.6%	11.0%
$400,000 to $499,999	4.3%	6.2%
$500,000 to $749,999	4.1%	7.0%
$750,000 to $999,999	1.2%	2.7%
$1,000,000 to $1,499,999	0.6%	1.5%
$1,500,000 to $1,999,999	0.2%	0.5%
$2,000,000 and over	0.3%	0.7%