Housing in Georgia

Home prices, rents, supply and how affordable it is to live here.

FHFA House Price Index
650.9
2025 · FHFA all-transactions index
Median value of owner-occupied homes
$343,300
2024 · Census American Community Survey 1-year estimates
Rent of primary residence index (Atlanta–Sandy Springs–Roswell)
407.9
2025 · BLS CPI-U
Total housing units
4,668,796
2024 · Census American Community Survey 1-year estimates
New private housing units authorized
59,575
2025 · Census Building Permits Survey
Homeownership rate (CPS/HVS)
63.9%
2025 · Census Housing Vacancy Survey
Housing price level vs U.S. (RPP rents)
88.7
2024 · BEA Regional Price Parities
Rental vacancy rate
6.6%
2025 · Census Housing Vacancy Survey

Historical data

Pick an indicator to see its long-run evolution.

Median home value

1970–2023
$328,000▲ 2131%

Census / Zillow ZHVI, nominal dollars.

Home Prices

Sale prices and trends.

FHFA House Price Index
650.9
2025 · FHFA all-transactions index
Median sale price
$345,000
Year-over-year
+3.8%
Price per sq ft
$185

FHFA House Price Index

1975–2025
650.9▲ 788%

FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (GASTHPI).

IndicatorGeorgiaU.S.
Median sale price (USD)2024345000412000

Median Home Value

Typical value of owner-occupied homes.

Median value of owner-occupied homes
$343,300
2024 · Census American Community Survey 1-year estimates
Median home value
$328,000
Rank
23rd in the U.S.
5-year change
+52%

Median value of owner-occupied homes

2008–2024
$343,300▲ 103%

Census American Community Survey 1-year estimates, B25077 (2020 not released).

IndicatorGeorgiaU.S.
Median home value (USD)2024, Zillow ZHVI328000359000

Rent Prices

Cost of renting.

Rent of primary residence index (Atlanta–Sandy Springs–Roswell)
407.9
2025 · BLS CPI-U
Median gross rent
$1,405
Renter households
34.5%
Rent-burdened renters
49%

Rent of primary residence index (Atlanta–Sandy Springs–Roswell)

2006–2025
407.9▲ 101%

BLS CPI-U, Atlanta–Sandy Springs–Roswell, annual average (CUURS35CSEHA).

IndicatorGeorgiaU.S.
Median gross rent (USD/mo)2023, ACS14051406
  • •Almost half of Georgia renters spend more than 30% of their income on housing.

Housing Inventory

Total housing stock.

Total housing units
4,668,796
2024 · Census American Community Survey 1-year estimates
Vacant housing units
9.6%
2024 · Census American Community Survey 1-year estimates
Single-family share
68%
Built since 2000
27%

Total housing units

2008–2024
4,668,796▲ 16%

Census American Community Survey 1-year estimates, B25001 (2020 not released).

Vacant housing units

2008–2024
9.6%

Census American Community Survey 1-year estimates, B25002 (2020 not released).

IndicatorGeorgiaU.S.
Total housing units (M)2023, ACS4.6145.3

Building Permits

New residential construction.

New private housing units authorized
59,575
2025 · Census Building Permits Survey
Annual permits
62,300
Permits per 1,000 residents
5.6
Multifamily share
31%

New private housing units authorized

1988–2025
59,575▼ 7%

Census Building Permits Survey, sum of 12 months (FRED GABPPRIV).

IndicatorGeorgiaU.S.
Permits per 1,000 residents2023, Census5.64.4
  • •Georgia issues more housing permits per resident than any other state in the Southeast except Florida and the Carolinas.

Homeownership Rate

Share of owner-occupied homes.

Homeownership rate (CPS/HVS)
63.9%
2025 · Census Housing Vacancy Survey
Homeownership rate
65.5%
Rank
27th in the U.S.

Homeownership rate (CPS/HVS)

1984–2025
63.9%

Census Housing Vacancy Survey, annual (FRED GAHOWN).

IndicatorGeorgiaU.S.
Homeownership rate (%)2023, Census65.565.7

Housing Affordability

Home cost relative to income.

Housing price level vs U.S. (RPP rents)
88.7
2024 · BEA Regional Price Parities
Value-to-income ratio
4.4
Median mortgage payment
$1,880 /mo
Cost-burdened owners
22%

Housing price level vs U.S. (RPP rents)

2008–2024
88.7▲ 7%

BEA Regional Price Parities, housing services (SARPP line 3).

IndicatorGeorgiaU.S.
Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities88.7100
Home value-to-income ratio20234.44.7

Vacancy Rate

Share of unoccupied units.

Rental vacancy rate
6.6%
2025 · Census Housing Vacancy Survey
Homeowner vacancy rate
1.2%
2025 · Census Housing Vacancy Survey
Overall vacancy
10.1%
Rental vacancy
7.4%
Homeowner vacancy
1.0%

Rental vacancy rate

1986–2025
6.6%

Census Housing Vacancy Survey, annual (FRED GARVAC).

Homeowner vacancy rate

1986–2025
1.2%

Census Housing Vacancy Survey, annual (FRED GAHVAC).

IndicatorGeorgiaU.S.
Overall vacancy rate (%)2023, ACS10.110.4

More figures

Median home value
$328,000
Median monthly rent
$1,405
2023
Homeownership rate
65.5%
Total housing units
4.6 M
Vacancy rate
10.1%
Building permits
≈ 62,000
2023
Effective property tax
0.90%
Homes built since 2000
27%