Smyrna, Georgia Housing Market Prices
Smyrna 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 37% above the Georgia median$350,942
-
Median rent 25% above the Georgia median$1,739
Housing Market Overview
| Metric | Smyrna | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,942 | $256,986 | $248,835 |
| Price Trend (Annual %) | 9.6% | 8.9% | 7.5% |
| Median Gross Rent | $1,739 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 7.0% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Smyrna is about 37% higher than in Georgia. Rent is about 25% 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 Smyrna, up about 9.6% and 7.0% a year respectively. Home prices are changing faster.
Median rent in Smyrna rose about 80.8% between 2015 and 2024, from $962 to $1,739. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Smyrna.
Buying the median-priced home in Smyrna costs roughly 16.8 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 Smyrna. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Smyrna | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,942 | $256,986 | $248,835 |
| Median Household Income | $95,431 | $77,523 | $80,455 |
| Price-to-Income Ratio | 3.7 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Smyrna rose about 110.7%, while median household income rose about 65.1% 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 | Smyrna | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.9% | 58.9% | 58.5% |
| Rental Rate | 39.5% | 30.8% | 31.2% |
| Vacancy Rate | 8.6% | 10.3% | 10.2% |
| Median Tenure (years) | 10.0 | 14.0 | 15.0 |
| Median Year Moved In | 2016 | 2012 | 2011 |
Smyrna has a homeownership rate of 51.9%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 8.6%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Smyrna | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1989 | 1990 | 1978 |
| Median Number of Rooms | 5.1 | 5.9 | 5.5 |
The typical housing unit in Smyrna was built around 1989. On average, 2.3 people live in a home with about 5.1 rooms, staying for about 10.0 years on average.
Smyrna, GA Housing Compared With Nearby Cities
How Smyrna, GA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Smyrna, GA | 53,892 | $350,942 #2/3 | $1,739 #1/3 | 56.8% #2/3 |
| Mableton, GA | 78,547 | $272,643 | $1,475 | 65.0% |
| Marietta, GA | 62,997 | $567,696 | $1,611 | 46.2% |
Frequently Asked Questions
Common questions about the housing market in Smyrna, Georgia.
What is the median home price in Smyrna, Georgia?
The median home price in Smyrna, Georgia is $350,942, higher than the Georgia average of $256,986.
What is the average home price in Smyrna, Georgia?
The typical home price in Smyrna, Georgia, reported as the median sale price, is $350,942. 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 Smyrna, Georgia?
The median gross rent in Smyrna, Georgia is $1,739 per month, higher than the Georgia average of $1,392.
What was the median gross rent in Smyrna in 2020?
In 2020, the median gross rent in Smyrna, Georgia was $1,313 per month.
What is the price-to-rent ratio in Smyrna, Georgia?
The price-to-rent ratio in Smyrna, Georgia is about 16.8, meaning it would take roughly 16.8 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 Smyrna.
Are home prices or rent rising faster in Smyrna, Georgia?
Both home prices and rent are rising in Smyrna, up about 9.6% and 7.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Smyrna, Georgia?
51.9% of households in Smyrna, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Smyrna, Georgia?
The housing vacancy rate in Smyrna, Georgia is 8.6%, 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 →