Greene County, Georgia Housing Market Prices
Greene 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 245% above the Georgia median Most expensive county in Georgia$885,416
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Median rent 34% below the Georgia median$924
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Greene County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $885,416 | $256,986 | $248,835 |
| Price Trend (Annual %) | 34.5% | 8.9% | 7.5% |
| Median Gross Rent | $924 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Greene County is about 245% higher than in Georgia. Rent is about 34% 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 Greene County, up about 34.5% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Greene County rose about 45.5% between 2015 and 2024, from $635 to $924. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 10.2 yearly household incomes in Greene County.
Buying the median-priced home in Greene County costs roughly 79.9 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 Greene County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Greene County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $885,416 | $256,986 | $248,835 |
| Median Household Income | $86,624 | $77,523 | $80,455 |
| Price-to-Income Ratio | 10.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Greene County rose about 292.5%, while median household income rose about 100.8% 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 | Greene County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.0% | 58.9% | 58.5% |
| Rental Rate | 16.7% | 30.8% | 31.2% |
| Vacancy Rate | 24.3% | 10.3% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Greene County has a homeownership rate of 59.0%, about the same as the Georgia average of 58.9%. Its housing vacancy rate is 24.3%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Greene County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1993 | 1990 | 1978 |
| Median Number of Rooms | 6.3 | 5.9 | 5.5 |
The typical housing unit in Greene County was built around 1993. On average, 2.4 people live in a home with about 6.3 rooms, staying for about 16.0 years on average.
Greene County, GA Housing Compared With Nearby Counties
How Greene County, GA compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Greene County, GA | 20,109 | $885,416 #1/2 | $924 #2/2 | 77.9% #2/2 |
| Putnam County, GA | 22,855 | $320,588 | $1,002 | 80.9% |
Frequently Asked Questions
Common questions about the housing market in Greene County, Georgia.
What is the median home price in Greene County, Georgia?
The median home price in Greene County, Georgia is $885,416, higher than the Georgia average of $256,986.
What is the average home price in Greene County, Georgia?
The typical home price in Greene County, Georgia, reported as the median sale price, is $885,416. 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 Greene County, Georgia?
The median gross rent in Greene County, Georgia is $924 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Greene County in 2020?
In 2020, the median gross rent in Greene County, Georgia was $742 per month.
What is the price-to-rent ratio in Greene County, Georgia?
The price-to-rent ratio in Greene County, Georgia is about 79.9, meaning it would take roughly 79.9 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 Greene County.
Are home prices or rent rising faster in Greene County, Georgia?
Both home prices and rent are rising in Greene County, up about 34.5% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Greene County, Georgia?
59.0% of households in Greene County, Georgia own their home, about the same as the Georgia average.
What is the vacancy rate in Greene County, Georgia?
The housing vacancy rate in Greene County, Georgia is 24.3%, higher than the Georgia average of 10.3%.
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