Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$565,278
$859

Housing Market Overview

Metric Decatur County Georgia Avg US Average
Median Home Price $565,278 $238,631 $242,182
Price Trend (Annual %) 63.1% 9.0% 8.2%
Median Gross Rent $859 $1,306 $1,342
Rent Trend (Annual %) 5.2% 5.6% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Decatur County
Georgia
United States
Year Decatur County Georgia United States
Median Rent Over Time
Decatur County
Georgia
United States
Year Decatur County Georgia United States

Affordability

On average, housing unit costs 11.2 yearly household incomes in Decatur County.

Metric Decatur County Georgia Avg US Average
Median Home Price $565,278 $238,631 $242,182
Median Household Income $50,405 $74,683 $78,145
Price-to-Income Ratio 11.2 3.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Decatur County Georgia Avg US Average
Homeownership Rate 49.4% 58.4% 58.2%
Rental Rate 30.5% 31.0% 31.3%
Vacancy Rate 20.1% 10.6% 10.6%
Median Tenure (years) 18.0 14.0 15.0
Median Year Moved In 2008 2012 2011

Housing Stock

Metric Decatur County Georgia Avg US Average
Average Household Size 2.67 people 2.64 people 2.54 people
Median Structure Built Year 1982 1989 1978
Median Number of Rooms 5.7 5.9 5.5