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 | Candler County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $266,666 | $238,631 | $242,182 |
| Price Trend (Annual %) | -0.8% | 9.0% | 8.2% |
| Median Gross Rent | $706 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 2.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Candler County is about 12% higher than in Georgia. Rent is about 46% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2019-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Candler County: home prices fell about 0.8% a year while rent rose about 2.9% a year. That is an unusual pattern worth watching.
Median rent in Candler County rose about 30.6% between 2015 and 2023, from $540 to $706. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 5.3 yearly household incomes in Candler County.
Buying the median-priced home in Candler County costs roughly 31.5 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 Candler County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Candler County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $266,666 | $238,631 | $242,182 |
| Median Household Income | $50,527 | $74,683 | $78,145 |
| Price-to-Income Ratio | 5.3 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2019 and 2023, the median home price in Candler County fell about 3.0%, while median household income rose about 38.1% 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 | Candler County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.2% | 58.4% | 58.2% |
| Rental Rate | 33.7% | 31.0% | 31.3% |
| Vacancy Rate | 10.1% | 10.6% | 10.6% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Candler County has a homeownership rate of 56.2%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 10.1%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Candler County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1985 | 1989 | 1978 |
| Median Number of Rooms | 5.5 | 5.9 | 5.5 |
The typical housing unit in Candler County was built around 1985. On average, 2.6 people live in a home with about 5.5 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Candler County, Georgia.
What is the median home price in Candler County, Georgia?
The median home price in Candler County, Georgia is $266,666, higher than the Georgia average of $238,631.
What is the average home price in Candler 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 Candler County, Georgia?
The median gross rent in Candler County, Georgia is $706 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Candler County in 2020?
In 2020, the median gross rent in Candler County, Georgia was $606 per month.
What is the price-to-rent ratio in Candler County, Georgia?
The price-to-rent ratio in Candler County, Georgia is about 31.5, meaning it would take roughly 31.5 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 Candler County.
Are home prices or rent rising faster in Candler County, Georgia?
Home prices and rent are moving in opposite directions in Candler County: home prices fell about 0.8% a year while rent rose about 2.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Candler County, Georgia?
56.2% of households in Candler County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Candler County, Georgia?
The housing vacancy rate in Candler County, Georgia is 10.1%, lower than the Georgia average of 10.6%.