Floyd County, Georgia Housing Market Prices
Floyd County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 52% below the Georgia median$122,373
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Median rent 27% below the Georgia median More expensive than 70% of counties in Georgia$1,014
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Floyd County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,373 | $256,986 | $248,835 |
| Price Trend (Annual %) | 10.4% | 8.9% | 7.5% |
| Median Gross Rent | $1,014 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Floyd County is about 52% lower than in Georgia. Rent is about 27% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Floyd County, up about 10.4% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Floyd County rose about 50.4% between 2015 and 2024, from $674 to $1,014. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Floyd County.
Buying the median-priced home in Floyd County costs roughly 10.1 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 Floyd County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Floyd County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $122,373 | $256,986 | $248,835 |
| Median Household Income | $65,737 | $77,523 | $80,455 |
| Price-to-Income Ratio | 1.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Floyd County rose about 52.6%, while median household income rose about 47.8% between 2009 and 2025 — 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 | Floyd County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.3% | 58.9% | 58.5% |
| Rental Rate | 32.8% | 30.8% | 31.2% |
| Vacancy Rate | 9.9% | 10.3% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Floyd County has a homeownership rate of 57.3%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 9.9%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Floyd County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1977 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Floyd County was built around 1977. On average, 2.6 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Floyd County, GA Housing Compared With Nearby Counties
Floyd County, GA is the 2nd largest of the 5 counties compared here, 99,681 residents against a local median of 42,272. The measure that sets Floyd County, GA apart most is median rent: $1,014, 17% above the local median of $863.
The counties themselves spread $506 on median rent, so Floyd County, GA sits at one end of an already wide local range rather than apart from it. Floyd County, GA has the 2nd highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Floyd County, GA | 99,681 | $122,373 #3/5 | $1,014 #2/5 | 63.6% #5/5 |
| Chattooga County, GA | 25,036 | $68,899 | $789 | 66.8% |
| Bartow County, GA | 113,109 | $104,951 | $1,268 | 72.8% |
| Cherokee County, AL | 25,443 | $173,275 | $762 | 81.1% |
| Gordon County, GA | 59,100 | $301,316 | $937 | 73.9% |
Frequently Asked Questions
Common questions about the housing market in Floyd County, Georgia.
What is the median home price in Floyd County, Georgia?
The median home price in Floyd County, Georgia is $122,373, lower than the Georgia average of $256,986.
What is the average home price in Floyd County, Georgia?
The typical home price in Floyd County, Georgia, reported as the median sale price, is $122,373. 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 Floyd County, Georgia?
The median gross rent in Floyd County, Georgia is $1,014 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Floyd County in 2020?
In 2020, the median gross rent in Floyd County, Georgia was $786 per month.
What is the price-to-rent ratio in Floyd County, Georgia?
The price-to-rent ratio in Floyd County, Georgia is about 10.1, meaning it would take roughly 10.1 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 Floyd County.
Are home prices or rent rising faster in Floyd County, Georgia?
Both home prices and rent are rising in Floyd County, up about 10.4% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Floyd County, Georgia?
57.3% of households in Floyd County, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Floyd County, Georgia?
The housing vacancy rate in Floyd County, Georgia is 9.9%, lower than the Georgia average of 10.3%.
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