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 | Evans County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,090 | $238,631 | $242,182 |
| Price Trend (Annual %) | 321.6% | 9.0% | 8.2% |
| Median Gross Rent | $720 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 2.1% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Evans County is about 61% lower than in Georgia. Rent is about 45% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Evans County, up about 321.6% and 2.1% a year respectively. Home prices are changing faster.
Median rent in Evans County rose about 17.4% between 2015 and 2023, from $613 to $720. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Evans County.
Buying the median-priced home in Evans County costs roughly 10.9 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 Evans County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Evans County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,090 | $238,631 | $242,182 |
| Median Household Income | $54,543 | $74,683 | $78,145 |
| Price-to-Income Ratio | 1.7 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Evans County rose about 94.4%, while median household income rose about 47.3% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Evans County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.1% | 58.4% | 58.2% |
| Rental Rate | 29.8% | 31.0% | 31.3% |
| Vacancy Rate | 17.1% | 10.6% | 10.6% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Evans County has a homeownership rate of 53.1%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 17.1%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Evans County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.63 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 Evans 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 Evans County, Georgia.
What is the median home price in Evans County, Georgia?
The median home price in Evans County, Georgia is $94,091, lower than the Georgia average of $238,631.
What is the average home price in Evans 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 Evans County, Georgia?
The median gross rent in Evans County, Georgia is $720 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Evans County in 2020?
In 2020, the median gross rent in Evans County, Georgia was $641 per month.
What is the price-to-rent ratio in Evans County, Georgia?
The price-to-rent ratio in Evans County, Georgia is about 10.9, meaning it would take roughly 10.9 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 Evans County.
Are home prices or rent rising faster in Evans County, Georgia?
Both home prices and rent are rising in Evans County, up about 321.6% and 2.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Evans County, Georgia?
53.1% of households in Evans County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Evans County, Georgia?
The housing vacancy rate in Evans County, Georgia is 17.1%, higher than the Georgia average of 10.6%.