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 | Atkinson County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $238,631 | $242,182 |
| Price Trend (Annual %) | 43.6% | 9.0% | 8.2% |
| Median Gross Rent | $620 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 4.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Atkinson County is about 21% lower than in Georgia. Rent is about 53% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Atkinson County, up about 43.6% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Atkinson County rose about 34.8% between 2015 and 2023, from $460 to $620. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Atkinson County.
Buying the median-priced home in Atkinson County costs roughly 25.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Atkinson County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Atkinson County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $238,631 | $242,182 |
| Median Household Income | $38,812 | $74,683 | $78,145 |
| Price-to-Income Ratio | 4.8 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Atkinson County rose about 435.7%, while median household income rose about 14.9% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Atkinson County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.7% | 58.4% | 58.2% |
| Rental Rate | 32.2% | 31.0% | 31.3% |
| Vacancy Rate | 9.1% | 10.6% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Atkinson County has a homeownership rate of 58.7%, about the same as the Georgia average of 58.4%. Its housing vacancy rate is 9.1%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Atkinson County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1989 | 1989 | 1978 |
| Median Number of Rooms | 5.6 | 5.9 | 5.5 |
The typical housing unit in Atkinson County was built around 1989. On average, 2.6 people live in a home with about 5.6 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Atkinson County, Georgia.
What is the median home price in Atkinson County, Georgia?
The median home price in Atkinson County, Georgia is $187,500, lower than the Georgia average of $238,631.
What is the average home price in Atkinson 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 Atkinson County, Georgia?
The median gross rent in Atkinson County, Georgia is $620 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Atkinson County in 2020?
In 2020, the median gross rent in Atkinson County, Georgia was $478 per month.
What is the price-to-rent ratio in Atkinson County, Georgia?
The price-to-rent ratio in Atkinson County, Georgia is about 25.2, meaning it would take roughly 25.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Atkinson County.
Are home prices or rent rising faster in Atkinson County, Georgia?
Both home prices and rent are rising in Atkinson County, up about 43.6% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Atkinson County, Georgia?
58.7% of households in Atkinson County, Georgia own their home, about the same as the Georgia average.
What is the vacancy rate in Atkinson County, Georgia?
The housing vacancy rate in Atkinson County, Georgia is 9.1%, lower than the Georgia average of 10.6%.