I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Georgia
💡 Key Georgia housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $326,617[1] | #27 of 50 states | 10.9% lower |
Median Listing Price | $394,773[2] | #28 of 50 states | 10.3% lower |
Median Sale Price | $387,600[3] | #29 of 50 states | 7.4% lower |
30 Year Mortgage Rate | 7.00%[4] | #24 of 50 states | 0.3% higher |
Median Days on Market | 55[5] | #23 of 50 states | 2.1% shorter |
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🗺️ Buying a house in the Georgia real estate market
Georgia has an affordability score of 6.3, meaning it takes 6.3 years of the median household income ($61,224) to afford Georgia's median home sale price ($387,600). Because of this, we rank Georgia as the 24th least affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $387,600[6] | #29 of 50 states | 7.4% lower |
30 Year Mortgage Rate | 7.00%[7] | #24 of 50 states | 0.3% higher |
Median Household Income | $61,224[8] | #29 of 50 states | 5.1% lower |
Affordability Ratio | 6.3 | #27 of 50 states | 1% lower |
Buyers Agent Commission | 2.71%[9] | #45 of 50 states | 6.8% higher |
Resources for Georgia home buyers
Preparing to buy in Georgia
🗺️ Selling a house in the Georgia real estate market
According to our detailed survey of Georgia real estate agents, listing agents (those representing the seller) charge an average commission in Georgia of 2.91%, which is the 12th highest in the United States. Buyers' agents charge an average commission of 2.71%, which is the 6th highest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $394,773[10] | #28 of 50 states | 10.3% lower |
Median Sale Price | $387,600[11] | #29 of 50 states | 7.4% lower |
Median Days on Market | 55[12] | #23 of 50 states | 2.1% shorter |
Buyer's Agent Commission | 2.71%[13] | #45 of 50 states | 6.8% higher |
Listing Agent Commission | 2.91%[14] | #39 of 50 states | 6.8% higher |
Resources for Georgia home sellers
Preparing to sell in Georgia
- 8 Steps to Selling a House in Georgia
- Average Time to Sell a House in Georgia
- When Is the Best Time to Sell a Home in Atlanta?
- Top Real Estate Agents in Georgia
Georgia home selling costs and requirements
Moving to Georgia
According to our recent moving trends survey[15], Georgia is the 12th most desirable state to move to, with 12% of Americans indicating that they would choose to move there if money were no object. Likewise, 15% of survey respondents indicated that they would move to Atlanta among a choice of America's largest cities. Among medium-sized cities, 14% indicated that they would move to Augusta.
Here's how Georgia cities rank in a number of our research studies.
Study | Best Georgia city | Rank |
Best Pizza Cities[16] | Atlanta | 37th best |
Best Coffee Cities[17] | Atlanta | 48th best |
Best LGBTQ Cities[18] | Atlanta | 32nd best |
Best Bike Cities[19] | Atlanta | 38th best |
Best Commuter Cities[20] | Atlanta | 48th best |