Brookhaven, Georgia Housing Market Prices
Brookhaven Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 48% above the Georgia median$380,378
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Median rent 36% above the Georgia median$1,888
Housing Market Overview
| Metric | Brookhaven | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $380,378 | $256,986 | $248,835 |
| Price Trend (Annual %) | 10.8% | 8.9% | 7.5% |
| Median Gross Rent | $1,888 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Brookhaven is about 48% higher than in Georgia. Rent is about 36% higher than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Brookhaven, up about 10.8% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Brookhaven rose about 68.2% between 2015 and 2024, from $1,123 to $1,888. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Brookhaven.
Buying the median-priced home in Brookhaven costs roughly 16.8 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 Brookhaven. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Brookhaven | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $380,378 | $256,986 | $248,835 |
| Median Household Income | $116,267 | $77,523 | $80,455 |
| Price-to-Income Ratio | 3.3 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Brookhaven rose about 66.8%, while median household income rose about 96.5% between 2009 and 2025 — 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 | Brookhaven | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.1% | 58.9% | 58.5% |
| Rental Rate | 42.6% | 30.8% | 31.2% |
| Vacancy Rate | 11.4% | 10.3% | 10.2% |
| Median Tenure (years) | 10.0 | 14.0 | 15.0 |
| Median Year Moved In | 2016 | 2012 | 2011 |
Brookhaven has a homeownership rate of 46.1%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 11.4%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Brookhaven | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1991 | 1990 | 1978 |
| Median Number of Rooms | 5.1 | 5.9 | 5.5 |
The typical housing unit in Brookhaven was built around 1991. On average, 2.4 people live in a home with about 5.1 rooms, staying for about 10.0 years on average.
Brookhaven, GA Housing Compared With Nearby Cities
Brookhaven, GA is the 2nd largest of the 4 cities compared here, 58,965 residents against a local median of 51,089. The measure that sets Brookhaven, GA apart most is median home price: $380,378, 39% below the local median of $619,850.
The cities themselves spread $250,191 on median home price, so Brookhaven, GA sits at one end of an already wide local range rather than apart from it. Brookhaven, GA has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Brookhaven, GA | 58,965 | $380,378 #4/4 | $1,888 #1/4 | 52.0% #2/4 |
| Chamblee, GA | 28,693 | $477,099 | $1,840 | 40.8% |
| Dunwoody, GA | 51,089 | $619,850 | $1,859 | 57.8% |
| Sandy Springs, GA | 106,483 | $727,289 | $1,865 | 50.4% |
Frequently Asked Questions
Common questions about the housing market in Brookhaven, Georgia.
What is the median home price in Brookhaven, Georgia?
The median home price in Brookhaven, Georgia is $380,378, higher than the Georgia average of $256,986.
What is the average home price in Brookhaven, Georgia?
The typical home price in Brookhaven, Georgia, reported as the median sale price, is $380,378. 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 Brookhaven, Georgia?
The median gross rent in Brookhaven, Georgia is $1,888 per month, higher than the Georgia average of $1,392.
What was the median gross rent in Brookhaven in 2020?
In 2020, the median gross rent in Brookhaven, Georgia was $1,452 per month.
What is the price-to-rent ratio in Brookhaven, Georgia?
The price-to-rent ratio in Brookhaven, Georgia is about 16.8, meaning it would take roughly 16.8 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 Brookhaven.
Are home prices or rent rising faster in Brookhaven, Georgia?
Both home prices and rent are rising in Brookhaven, up about 10.8% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Brookhaven, Georgia?
46.1% of households in Brookhaven, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Brookhaven, Georgia?
The housing vacancy rate in Brookhaven, Georgia is 11.4%, higher than the Georgia average of 10.3%.
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