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 Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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:
$252,179

Number Of Homes And Apartments:
3,830,264

Georgia Home Prices

> $1,392,000
$1,043,933 - $1,392,000
$695,913 - $1,043,932
$556,920 - $695,912
$417,484 - $556,919
$278,307 - $417,483
$139,119 - $278,306
$69,593 - $139,118
$0 - $69,592
1.3%
1.3%
1.5%
1.5%
5.0%
5.0%
5.5%
5.5%
10.3%
10.3%
20.3%
20.3%
34.0%
34.0%
14.3%
14.3%
7.8%
7.8%
0.0% 100.0%
% OF HOMES

Georgia Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q3 - 2021 Q4
4.97% 21.40%
10
Last 12 Months:
2020 Q4 - 2021 Q4
21.01% 21.01%
9
Last 2 Years:
2019 Q4 - 2021 Q4
29.17% 13.65%
9
Last 5 Years:
2016 Q4 - 2021 Q4
55.39% 9.22%
9
Last 10 Years:
2011 Q4 - 2021 Q4
93.32% 6.81%
8
Since 2000:
2000 Q1 - 2021 Q4
117.25% 3.63%
4
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,633 / per month

Homeownership Rate

Owners
Renters
Vacant
62.4%
62.4%
37.6%
37.6%
11.5%
11.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
28.2%
28.2%
50.5%
50.5%
17.0%
17.0%
4.2%
4.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
66.6%
66.6%
4.1%
4.1%
5.1%
5.1%
15.5%
15.5%
8.6%
8.6%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.5%
1.5%
7.5%
7.5%
21.7%
21.7%
42.4%
42.4%
19.4%
19.4%
7.5%
7.5%
0.0% 100.0%
% OF HOMES