Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Appling County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $137,500 | $238,631 | $242,182 |
| Price Trend (Annual %) | 0.2% | 9.0% | 8.2% |
| Median Gross Rent | $711 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 4.8% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Appling County is about 42% lower than in Georgia. Rent is about 46% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2016-2020
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Appling County, up about 0.2% and 4.8% a year respectively. Rent is changing faster.
Median rent in Appling County rose about 42.8% between 2015 and 2023, from $498 to $711. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Appling County.
Buying the median-priced home in Appling County costs roughly 16.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Appling County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Appling County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $137,500 | $238,631 | $242,182 |
| Median Household Income | $43,454 | $74,683 | $78,145 |
| Price-to-Income Ratio | 3.2 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2016 and 2020, the median home price in Appling County rose about 0.7%, while median household income rose about 29.7% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Appling County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.3% | 58.4% | 58.2% |
| Rental Rate | 23.3% | 31.0% | 31.3% |
| Vacancy Rate | 17.5% | 10.6% | 10.6% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Appling County has a homeownership rate of 59.3%, higher than the Georgia average of 58.4%. Its housing vacancy rate is 17.5%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Appling County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1984 | 1989 | 1978 |
| Median Number of Rooms | 5.9 | 5.9 | 5.5 |
The typical housing unit in Appling County was built around 1984. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Appling County, Georgia.
What is the median home price in Appling County, Georgia?
The median home price in Appling County, Georgia is $137,500, lower than the Georgia average of $238,631.
What is the average home price in Appling County, Georgia?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Appling County, Georgia?
The median gross rent in Appling County, Georgia is $711 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Appling County in 2020?
In 2020, the median gross rent in Appling County, Georgia was $571 per month.
What is the price-to-rent ratio in Appling County, Georgia?
The price-to-rent ratio in Appling County, Georgia is about 16.1, meaning it would take roughly 16.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Appling County.
Are home prices or rent rising faster in Appling County, Georgia?
Both home prices and rent are rising in Appling County, up about 0.2% and 4.8% a year respectively. Rent is changing faster.
What is the homeownership rate in Appling County, Georgia?
59.3% of households in Appling County, Georgia own their home, higher than the Georgia average of 58.4%.
What is the vacancy rate in Appling County, Georgia?
The housing vacancy rate in Appling County, Georgia is 17.5%, higher than the Georgia average of 10.6%.