Sandy Springs, Georgia Housing Market Prices
Sandy Springs 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 183% above the Georgia median$727,289
-
Median rent 34% above the Georgia median$1,865
Housing Market Overview
| Metric | Sandy Springs | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $727,289 | $256,986 | $248,835 |
| Price Trend (Annual %) | 6.0% | 8.9% | 7.5% |
| Median Gross Rent | $1,865 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 7.0% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sandy Springs is about 183% higher than in Georgia. Rent is about 34% 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 Sandy Springs, up about 6.0% and 7.0% a year respectively. Rent is changing faster.
Median rent in Sandy Springs rose about 79.7% between 2015 and 2024, from $1,037 to $1,865. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 6.9 yearly household incomes in Sandy Springs.
Buying the median-priced home in Sandy Springs costs roughly 32.5 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 Sandy Springs. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Sandy Springs | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $727,289 | $256,986 | $248,835 |
| Median Household Income | $104,801 | $77,523 | $80,455 |
| Price-to-Income Ratio | 6.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sandy Springs rose about 221.0%, while median household income rose about 29.0% 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 | Sandy Springs | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.1% | 58.9% | 58.5% |
| Rental Rate | 46.4% | 30.8% | 31.2% |
| Vacancy Rate | 6.5% | 10.3% | 10.2% |
| Median Tenure (years) | 10.0 | 14.0 | 15.0 |
| Median Year Moved In | 2016 | 2012 | 2011 |
Sandy Springs has a homeownership rate of 47.1%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 6.5%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Sandy Springs | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.06 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1991 | 1990 | 1978 |
| Median Number of Rooms | 4.9 | 5.9 | 5.5 |
The typical housing unit in Sandy Springs was built around 1991. On average, 2.1 people live in a home with about 4.9 rooms, staying for about 10.0 years on average.
Sandy Springs, GA Housing Compared With Nearby Cities
Sandy Springs, GA is the largest of the 5 cities compared here, 106,483 residents against a local median of 55,027. Where Sandy Springs, GA breaks from the cities next to it is median home price, sitting 61% above the local median of $452,145 at $727,289.
The cities themselves spread $239,472 on median home price, so Sandy Springs, GA sits at one end of an already wide local range rather than apart from it. Sandy Springs, GA has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Sandy Springs, GA | 106,483 | $727,289 #1/5 | $1,865 #2/5 | 50.4% #4/5 |
| Dunwoody, GA | 51,089 | $619,850 | $1,859 | 57.8% |
| Brookhaven, GA | 58,965 | $380,378 | $1,888 | 52.0% |
| Chamblee, GA | 28,693 | $477,099 | $1,840 | 40.8% |
| Roswell, GA | 93,449 | $427,192 | $1,826 | 71.1% |
Frequently Asked Questions
Common questions about the housing market in Sandy Springs, Georgia.
What is the median home price in Sandy Springs, Georgia?
The median home price in Sandy Springs, Georgia is $727,289, higher than the Georgia average of $256,986.
What is the average home price in Sandy Springs, Georgia?
The typical home price in Sandy Springs, Georgia, reported as the median sale price, is $727,289. 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 Sandy Springs, Georgia?
The median gross rent in Sandy Springs, Georgia is $1,865 per month, higher than the Georgia average of $1,392.
What was the median gross rent in Sandy Springs in 2020?
In 2020, the median gross rent in Sandy Springs, Georgia was $1,380 per month.
What is the price-to-rent ratio in Sandy Springs, Georgia?
The price-to-rent ratio in Sandy Springs, Georgia is about 32.5, meaning it would take roughly 32.5 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 Sandy Springs.
Are home prices or rent rising faster in Sandy Springs, Georgia?
Both home prices and rent are rising in Sandy Springs, up about 6.0% and 7.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Sandy Springs, Georgia?
47.1% of households in Sandy Springs, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Sandy Springs, Georgia?
The housing vacancy rate in Sandy Springs, Georgia is 6.5%, 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 →