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 | Dougherty County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $51,196 | $238,631 | $242,182 |
| Price Trend (Annual %) | -10.5% | 9.0% | 8.2% |
| Median Gross Rent | $905 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 4.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dougherty County is about 79% lower than in Georgia. Rent is about 31% 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 Dougherty County: home prices fell about 10.5% a year while rent rose about 4.0% a year. That is an unusual pattern worth watching.
Median rent in Dougherty County rose about 31.5% between 2015 and 2023, from $688 to $905. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 1.1 yearly household incomes in Dougherty County.
Buying the median-priced home in Dougherty County costs roughly 4.7 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 Dougherty County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Dougherty County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $51,196 | $238,631 | $242,182 |
| Median Household Income | $46,592 | $74,683 | $78,145 |
| Price-to-Income Ratio | 1.1 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Dougherty County fell about 51.7%, while median household income rose about 35.0% 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 | Dougherty County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 39.3% | 58.4% | 58.2% |
| Rental Rate | 45.1% | 31.0% | 31.3% |
| Vacancy Rate | 15.6% | 10.6% | 10.6% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Dougherty County has a homeownership rate of 39.3%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 15.6%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Dougherty County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1977 | 1989 | 1978 |
| Median Number of Rooms | 5.5 | 5.9 | 5.5 |
The typical housing unit in Dougherty County was built around 1977. On average, 2.3 people live in a home with about 5.5 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Dougherty County, Georgia.
What is the median home price in Dougherty County, Georgia?
The median home price in Dougherty County, Georgia is $51,196, lower than the Georgia average of $238,631.
What is the average home price in Dougherty 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 Dougherty County, Georgia?
The median gross rent in Dougherty County, Georgia is $905 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Dougherty County in 2020?
In 2020, the median gross rent in Dougherty County, Georgia was $773 per month.
What is the price-to-rent ratio in Dougherty County, Georgia?
The price-to-rent ratio in Dougherty County, Georgia is about 4.7, meaning it would take roughly 4.7 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 Dougherty County.
Are home prices or rent rising faster in Dougherty County, Georgia?
Home prices and rent are moving in opposite directions in Dougherty County: home prices fell about 10.5% a year while rent rose about 4.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Dougherty County, Georgia?
39.3% of households in Dougherty County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Dougherty County, Georgia?
The housing vacancy rate in Dougherty County, Georgia is 15.6%, higher than the Georgia average of 10.6%.