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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (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:
$211,023

Number Of Homes And Apartments:
3,758,798

Georgia Home Prices

> $1,283,364
1.1%
1.1%
$962,614 - $1,283,364
1.3%
1.3%
$641,705 - $962,613
4.4%
4.4%
$513,523 - $641,704
4.5%
4.5%
$385,143 - $513,522
9.0%
9.0%
$256,740 - $385,142
18.1%
18.1%
$128,297 - $256,739
35.0%
35.0%
$64,191 - $128,296
17.5%
17.5%
$0 - $64,190
9.1%
9.1%
0.0% 100.0%
% OF HOMES

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q1 - 2021 Q2
5.43% 23.55%
6
Last 12 Months:
2020 Q2 - 2021 Q2
12.56% 12.56%
7
Last 2 Years:
2019 Q2 - 2021 Q2
18.22% 8.73%
8
Last 5 Years:
2016 Q2 - 2021 Q2
42.76% 7.38%
8
Last 10 Years:
2011 Q2 - 2021 Q2
73.73% 5.68%
8
Since 2000:
2000 Q1 - 2021 Q2
94.50% 3.18%
3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,445 / per month

Homeownership Rate

Owners
61.7%
61.7%
Renters
38.3%
38.3%
Vacant
12.2%
12.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
27.1%
27.1%
1970 - 1999
51.3%
51.3%
1940 - 1969
17.4%
17.4%
1939 or Older
4.2%
4.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
66.3%
66.3%
Townhomes
3.9%
3.9%
Small Apt. Buildings
5.1%
5.1%
Apt. Complexes
15.7%
15.7%
Mobile Homes
9.0%
9.0%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
7.4%
7.4%
2 Bedrooms
22.1%
22.1%
3 Bedrooms
42.7%
42.7%
4 Bedrooms
19.1%
19.1%
5 or more bedrooms
7.2%
7.2%
0.0% 100.0%
% OF HOMES