Henry County, Georgia Housing Market Prices
Henry 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.
-
Median home price 11% above the Georgia median More expensive than 74% of counties in Georgia$285,266
-
Median rent 20% above the Georgia median More expensive than 95% of counties in Georgia$1,674
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Henry County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $285,266 | $256,986 | $248,835 |
| Price Trend (Annual %) | 11.1% | 8.9% | 7.5% |
| Median Gross Rent | $1,674 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Henry County is about 11% higher than in Georgia. Rent is about 20% higher 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 Henry County, up about 11.1% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Henry County rose about 58.6% between 2015 and 2024, from $1,056 to $1,674. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Henry County.
Buying the median-priced home in Henry County costs roughly 14.2 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 Henry County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Henry County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $285,266 | $256,986 | $248,835 |
| Median Household Income | $84,927 | $77,523 | $80,455 |
| Price-to-Income Ratio | 3.4 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Henry County rose about 128.7%, while median household income rose about 25.4% 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 | Henry County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.0% | 58.9% | 58.5% |
| Rental Rate | 23.8% | 30.8% | 31.2% |
| Vacancy Rate | 5.2% | 10.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Henry County has a homeownership rate of 71.0%, higher than the Georgia average of 58.9%. Its housing vacancy rate is 5.2%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Henry County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.87 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1998 | 1990 | 1978 |
| Median Number of Rooms | 6.6 | 5.9 | 5.5 |
The typical housing unit in Henry County was built around 1998. On average, 2.9 people live in a home with about 6.6 rooms, staying for about 14.0 years on average.
Henry County, GA Housing Compared With Nearby Counties
Henry County, GA is the 2nd largest of the 6 counties compared here, 249,959 residents against a local median of 95,281. Where Henry County, GA breaks from the counties next to it is median home price, sitting 45% above the local median of $196,599 at $285,266.
Median rent tells the same story from another angle: $1,674 against a local median of $1,432, 17% above it. The counties themselves spread $54,484 on median home price, so Henry County, GA sits at one end of an already wide local range rather than apart from it. Henry County, GA has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Henry County, GA | 249,959 | $285,266 #1/6 | $1,674 #1/6 | 74.9% #1/6 |
| Clayton County, GA | 298,922 | $196,599 | $1,432 | 54.5% |
| Spalding County, GA | 68,892 | $210,294 | $1,112 | 62.7% |
| Rockdale County, GA | 95,281 | $189,705 | $1,525 | 69.6% |
| Butts County, GA | 26,496 | $180,743 | $941 | 74.3% |
| Newton County, GA | 118,152 | $235,227 | $1,438 | 73.8% |
Frequently Asked Questions
Common questions about the housing market in Henry County, Georgia.
What is the median home price in Henry County, Georgia?
The median home price in Henry County, Georgia is $285,266, higher than the Georgia average of $256,986.
What is the average home price in Henry County, Georgia?
The typical home price in Henry County, Georgia, reported as the median sale price, is $285,266. 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 Henry County, Georgia?
The median gross rent in Henry County, Georgia is $1,674 per month, higher than the Georgia average of $1,392.
What was the median gross rent in Henry County in 2020?
In 2020, the median gross rent in Henry County, Georgia was $1,203 per month.
What is the price-to-rent ratio in Henry County, Georgia?
The price-to-rent ratio in Henry County, Georgia is about 14.2, meaning it would take roughly 14.2 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 Henry County.
Are home prices or rent rising faster in Henry County, Georgia?
Both home prices and rent are rising in Henry County, up about 11.1% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Henry County, Georgia?
71.0% of households in Henry County, Georgia own their home, higher than the Georgia average of 58.9%.
What is the vacancy rate in Henry County, Georgia?
The housing vacancy rate in Henry County, Georgia is 5.2%, lower than the Georgia average of 10.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →