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 | Brooks County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $88,477 | $238,631 | $242,182 |
| Price Trend (Annual %) | -4.3% | 9.0% | 8.2% |
| Median Gross Rent | $752 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 3.2% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Brooks County is about 63% lower than in Georgia. Rent is about 42% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Brooks County: home prices fell about 4.3% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
Median rent in Brooks County rose about 23.5% between 2015 and 2023, from $609 to $752. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Brooks County.
Buying the median-priced home in Brooks County costs roughly 9.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brooks County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Brooks County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $88,477 | $238,631 | $242,182 |
| Median Household Income | $46,648 | $74,683 | $78,145 |
| Price-to-Income Ratio | 1.9 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Brooks County rose about 0.2%, while median household income rose about 14.7% 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 | Brooks County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.5% | 58.4% | 58.2% |
| Rental Rate | 24.2% | 31.0% | 31.3% |
| Vacancy Rate | 18.4% | 10.6% | 10.6% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Brooks County has a homeownership rate of 57.5%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 18.4%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Brooks County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1987 | 1989 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Brooks County was built around 1987. On average, 2.7 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Brooks County, Georgia.
What is the median home price in Brooks County, Georgia?
The median home price in Brooks County, Georgia is $88,477, lower than the Georgia average of $238,631.
What is the average home price in Brooks 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 Brooks County, Georgia?
The median gross rent in Brooks County, Georgia is $752 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Brooks County in 2020?
In 2020, the median gross rent in Brooks County, Georgia was $614 per month.
What is the price-to-rent ratio in Brooks County, Georgia?
The price-to-rent ratio in Brooks County, Georgia is about 9.8, meaning it would take roughly 9.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brooks County.
Are home prices or rent rising faster in Brooks County, Georgia?
Home prices and rent are moving in opposite directions in Brooks County: home prices fell about 4.3% a year while rent rose about 3.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Brooks County, Georgia?
57.5% of households in Brooks County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Brooks County, Georgia?
The housing vacancy rate in Brooks County, Georgia is 18.4%, higher than the Georgia average of 10.6%.