Peachtree Corners, Georgia Housing Market Prices
Peachtree Corners 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 12% above the Georgia median$289,052
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Median rent 22% above the Georgia median$1,694
Housing Market Overview
| Metric | Peachtree Corners | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $289,052 | $256,986 | $248,835 |
| Price Trend (Annual %) | 7.1% | 8.9% | 7.5% |
| Median Gross Rent | $1,694 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 6.9% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Peachtree Corners is about 12% higher than in Georgia. Rent is about 22% 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 Peachtree Corners, up about 7.1% and 6.9% a year respectively. Home prices are changing faster.
Median rent in Peachtree Corners rose about 79.6% between 2015 and 2024, from $943 to $1,694. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Peachtree Corners.
Buying the median-priced home in Peachtree Corners 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 Peachtree Corners. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Peachtree Corners | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $289,052 | $256,986 | $248,835 |
| Median Household Income | $84,574 | $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 Peachtree Corners rose about 43.5%, while median household income rose about 24.3% 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 | Peachtree Corners | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.2% | 58.9% | 58.5% |
| Rental Rate | 43.3% | 30.8% | 31.2% |
| Vacancy Rate | 5.5% | 10.3% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Peachtree Corners has a homeownership rate of 51.2%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 5.5%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Peachtree Corners | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1990 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.9 | 5.5 |
The typical housing unit in Peachtree Corners was built around 1990. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 12.0 years on average.
Peachtree Corners, GA Housing Compared With Nearby Cities
How Peachtree Corners, GA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Peachtree Corners, GA | 41,194 | $289,052 #3/3 | $1,694 #3/3 | 54.2% #3/3 |
| Johns Creek, GA | 81,338 | $498,060 | $2,255 | 80.7% |
| Dunwoody, GA | 51,089 | $619,850 | $1,859 | 57.8% |
Frequently Asked Questions
Common questions about the housing market in Peachtree Corners, Georgia.
What is the median home price in Peachtree Corners, Georgia?
The median home price in Peachtree Corners, Georgia is $289,052, higher than the Georgia average of $256,986.
What is the average home price in Peachtree Corners, Georgia?
The typical home price in Peachtree Corners, Georgia, reported as the median sale price, is $289,052. 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 Peachtree Corners, Georgia?
The median gross rent in Peachtree Corners, Georgia is $1,694 per month, higher than the Georgia average of $1,392.
What was the median gross rent in Peachtree Corners in 2020?
In 2020, the median gross rent in Peachtree Corners, Georgia was $1,203 per month.
What is the price-to-rent ratio in Peachtree Corners, Georgia?
The price-to-rent ratio in Peachtree Corners, 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 Peachtree Corners.
Are home prices or rent rising faster in Peachtree Corners, Georgia?
Both home prices and rent are rising in Peachtree Corners, up about 7.1% and 6.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Peachtree Corners, Georgia?
51.2% of households in Peachtree Corners, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Peachtree Corners, Georgia?
The housing vacancy rate in Peachtree Corners, Georgia is 5.5%, lower than the Georgia average of 10.3%.
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