Polk County, Georgia Housing Market Prices
Polk 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 51% below the Georgia median$126,064
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Median rent 34% below the Georgia median$918
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Polk County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $126,064 | $256,986 | $248,835 |
| Price Trend (Annual %) | 10.8% | 8.9% | 7.5% |
| Median Gross Rent | $918 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Polk County is about 51% lower than in Georgia. Rent is about 34% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2022
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Polk County, up about 10.8% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Polk County rose about 37.0% between 2015 and 2024, from $670 to $918. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Polk County.
Buying the median-priced home in Polk County costs roughly 11.4 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 Polk County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Polk County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $126,064 | $256,986 | $248,835 |
| Median Household Income | $58,171 | $77,523 | $80,455 |
| Price-to-Income Ratio | 2.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2022, the median home price in Polk County fell about 6.4%, while median household income rose about 35.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Polk County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.5% | 58.9% | 58.5% |
| Rental Rate | 31.1% | 30.8% | 31.2% |
| Vacancy Rate | 8.4% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Polk County has a homeownership rate of 60.5%, higher than the Georgia average of 58.9%. Its housing vacancy rate is 8.4%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Polk County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1982 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.9 | 5.5 |
The typical housing unit in Polk County was built around 1982. On average, 2.7 people live in a home with about 5.6 rooms, staying for about 17.0 years on average.
Polk County, GA Housing Compared With Nearby Counties
Polk County, GA is the smallest of the 5 counties compared here, 43,785 residents against a local median of 118,842. Where Polk County, GA breaks from the counties next to it is median home price, sitting 34% below the local median of $191,362 at $126,064.
Median rent tells the same story from another angle: $918 against a local median of $1,210, 24% below it. The counties themselves spread $216,287 on median home price, so Polk County, GA sits at one end of an already wide local range rather than apart from it. Polk County, GA has the 3rd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Polk County, GA | 43,785 | $126,064 #3/5 | $918 #5/5 | 66.0% #4/5 |
| Floyd County, GA | 99,681 | $122,373 | $1,014 | 63.6% |
| Paulding County, GA | 178,866 | $321,238 | $1,772 | 80.8% |
| Bartow County, GA | 113,109 | $104,951 | $1,268 | 72.8% |
| Carroll County, GA | 124,574 | $260,350 | $1,153 | 71.3% |
Frequently Asked Questions
Common questions about the housing market in Polk County, Georgia.
What is the median home price in Polk County, Georgia?
The median home price in Polk County, Georgia is $126,064, lower than the Georgia average of $256,986.
What is the average home price in Polk County, Georgia?
The typical home price in Polk County, Georgia, reported as the median sale price, is $126,064. 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 Polk County, Georgia?
The median gross rent in Polk County, Georgia is $918 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Polk County in 2020?
In 2020, the median gross rent in Polk County, Georgia was $719 per month.
What is the price-to-rent ratio in Polk County, Georgia?
The price-to-rent ratio in Polk County, Georgia is about 11.4, meaning it would take roughly 11.4 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 Polk County.
Are home prices or rent rising faster in Polk County, Georgia?
Both home prices and rent are rising in Polk County, up about 10.8% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Polk County, Georgia?
60.5% of households in Polk County, Georgia own their home, higher than the Georgia average of 58.9%.
What is the vacancy rate in Polk County, Georgia?
The housing vacancy rate in Polk County, Georgia is 8.4%, lower than the Georgia average of 10.3%.
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