Lumpkin County, Georgia Housing Market Prices
Lumpkin 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 8% above the Georgia median More expensive than 73% of counties in Georgia$277,777
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Median rent 18% below the Georgia median More expensive than 80% of counties in Georgia$1,142
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lumpkin County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $277,777 | $256,986 | $248,835 |
| Price Trend (Annual %) | 37.6% | 8.9% | 7.5% |
| Median Gross Rent | $1,142 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lumpkin County is about 8% higher than in Georgia. Rent is about 18% 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 Lumpkin County, up about 37.6% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Lumpkin County rose about 35.9% between 2015 and 2024, from $840 to $1,142. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Lumpkin County.
Buying the median-priced home in Lumpkin County costs roughly 20.3 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 Lumpkin County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Lumpkin County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $277,777 | $256,986 | $248,835 |
| Median Household Income | $76,753 | $77,523 | $80,455 |
| Price-to-Income Ratio | 3.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lumpkin County rose about 534.9%, while median household income rose about 64.1% 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 | Lumpkin County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.8% | 58.9% | 58.5% |
| Rental Rate | 20.4% | 30.8% | 31.2% |
| Vacancy Rate | 13.8% | 10.3% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Lumpkin County has a homeownership rate of 65.8%, higher than the Georgia average of 58.9%. Its housing vacancy rate is 13.8%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Lumpkin County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1997 | 1990 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Lumpkin County was built around 1997. On average, 2.7 people live in a home with about 5.8 rooms, staying for about 15.0 years on average.
Lumpkin County, GA Housing Compared With Nearby Counties
Lumpkin County, GA is typical in size for this group, 34,505 residents against a local median of 30,242, so the measures below are close to a like for like comparison. Lumpkin County, GA's median home price, at $277,777, runs 25% below the $368,025 typical of the counties around it.
The counties themselves spread $226,991 on median home price, so Lumpkin County, GA sits at one end of an already wide local range rather than apart from it. Lumpkin County, GA has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lumpkin County, GA | 34,505 | $277,777 #5/6 | $1,142 #4/6 | 76.3% #5/6 |
| Dawson County, GA | 30,242 | $372,222 | $1,625 | 78.7% |
| Union County, GA | 26,304 | $336,792 | $807 | 84.4% |
| White County, GA | 28,810 | $235,937 | $1,031 | 78.8% |
| Hall County, GA | 213,256 | $368,025 | $1,341 | 68.6% |
| Forsyth County, GA | 267,252 | $462,928 | $2,090 | 84.4% |
Frequently Asked Questions
Common questions about the housing market in Lumpkin County, Georgia.
What is the median home price in Lumpkin County, Georgia?
The median home price in Lumpkin County, Georgia is $277,777, higher than the Georgia average of $256,986.
What is the average home price in Lumpkin County, Georgia?
The typical home price in Lumpkin County, Georgia, reported as the median sale price, is $277,777. 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 Lumpkin County, Georgia?
The median gross rent in Lumpkin County, Georgia is $1,142 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Lumpkin County in 2020?
In 2020, the median gross rent in Lumpkin County, Georgia was $877 per month.
What is the price-to-rent ratio in Lumpkin County, Georgia?
The price-to-rent ratio in Lumpkin County, Georgia is about 20.3, meaning it would take roughly 20.3 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 Lumpkin County.
Are home prices or rent rising faster in Lumpkin County, Georgia?
Both home prices and rent are rising in Lumpkin County, up about 37.6% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lumpkin County, Georgia?
65.8% of households in Lumpkin County, Georgia own their home, higher than the Georgia average of 58.9%.
What is the vacancy rate in Lumpkin County, Georgia?
The housing vacancy rate in Lumpkin County, Georgia is 13.8%, higher than the Georgia average of 10.3%.
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