Housing Market Overview
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 Map: Nearby Counties
Housing Market Overview
| Metric | Pulaski County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $174,218 | $238,631 | $242,182 |
| Price Trend (Annual %) | 43.8% | 9.0% | 8.2% |
| Median Gross Rent | $788 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 3.2% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pulaski County is about 27% lower than in Georgia. Rent is about 40% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Pulaski County, up about 43.8% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Pulaski County rose about 26.1% between 2015 and 2023, from $625 to $788. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Pulaski County.
Buying the median-priced home in Pulaski County costs roughly 18.4 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Pulaski County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Pulaski County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $174,218 | $238,631 | $242,182 |
| Median Household Income | $46,172 | $74,683 | $78,145 |
| Price-to-Income Ratio | 3.8 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Pulaski County rose about 155.5%, while median household income rose about 41.9% between 2009 and 2023 — 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 | Pulaski County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.4% | 58.4% | 58.2% |
| Rental Rate | 25.1% | 31.0% | 31.3% |
| Vacancy Rate | 22.5% | 10.6% | 10.6% |
| Median Tenure (years) | 20.0 | 14.0 | 15.0 |
| Median Year Moved In | 2006 | 2012 | 2011 |
Pulaski County has a homeownership rate of 52.4%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 22.5%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Pulaski County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.62 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1984 | 1989 | 1978 |
| Median Number of Rooms | 6.0 | 5.9 | 5.5 |
The typical housing unit in Pulaski County was built around 1984. On average, 2.6 people live in a home with about 6.0 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Pulaski County, Georgia.
What is the median home price in Pulaski County, Georgia?
The median home price in Pulaski County, Georgia is $174,218, lower than the Georgia average of $238,631.
What is the average home price in Pulaski County, Georgia?
The typical home price in %s, reported as the median sale price, is %s. 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 Pulaski County, Georgia?
The median gross rent in Pulaski County, Georgia is $788 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Pulaski County in 2020?
In 2020, the median gross rent in Pulaski County, Georgia was $731 per month.
What is the price-to-rent ratio in Pulaski County, Georgia?
The price-to-rent ratio in Pulaski County, Georgia is about 18.4, meaning it would take roughly 18.4 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Pulaski County.
Are home prices or rent rising faster in Pulaski County, Georgia?
Both home prices and rent are rising in Pulaski County, up about 43.8% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pulaski County, Georgia?
52.4% of households in Pulaski County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Pulaski County, Georgia?
The housing vacancy rate in Pulaski County, Georgia is 22.5%, higher than the Georgia average of 10.6%.