Taliaferro County, Georgia Housing Market Prices
Taliaferro 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 85% below the Georgia median Cheaper than 92% of counties in Georgia$37,500
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Median rent 54% below the Georgia median Cheaper than 93% of counties in Georgia$637
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,500 | $256,986 | $248,835 |
| Price Trend (Annual %) | — | 8.9% | 7.5% |
| Median Gross Rent | $637 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Taliaferro County is about 85% lower than in Georgia. Rent is about 54% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2024
Median Rent Prices, 2015-2024
Median rent in Taliaferro County rose about 22.3% between 2015 and 2024, from $521 to $637. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 0.7 yearly household incomes in Taliaferro County.
Buying the median-priced home in Taliaferro County costs roughly 4.9 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 Taliaferro County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $37,500 | $256,986 | $248,835 |
| Median Household Income | $51,081 | $77,523 | $80,455 |
| Price-to-Income Ratio | 0.7 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Occupancy & Tenure
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.1% | 58.9% | 58.5% |
| Rental Rate | 11.3% | 30.8% | 31.2% |
| Vacancy Rate | 36.6% | 10.3% | 10.2% |
| Median Tenure (years) | 21.0 | 14.0 | 15.0 |
| Median Year Moved In | 2005 | 2012 | 2011 |
Taliaferro County has a homeownership rate of 52.1%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 36.6%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.63 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1978 | 1990 | 1978 |
| Median Number of Rooms | 5.4 | 5.9 | 5.5 |
The typical housing unit in Taliaferro County was built around 1978. On average, 2.6 people live in a home with about 5.4 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Taliaferro County, Georgia.
What is the median home price in Taliaferro County, Georgia?
The median home price in Taliaferro County, Georgia is $37,500, lower than the Georgia average of $256,986.
What is the average home price in Taliaferro County, Georgia?
The typical home price in Taliaferro County, Georgia, reported as the median sale price, is $37,500. 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 Taliaferro County, Georgia?
The median gross rent in Taliaferro County, Georgia is $637 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Taliaferro County in 2020?
In 2020, the median gross rent in Taliaferro County, Georgia was $692 per month.
What is the price-to-rent ratio in Taliaferro County, Georgia?
The price-to-rent ratio in Taliaferro County, Georgia is about 4.9, meaning it would take roughly 4.9 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 Taliaferro County.
What is the homeownership rate in Taliaferro County, Georgia?
52.1% of households in Taliaferro County, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Taliaferro County, Georgia?
The housing vacancy rate in Taliaferro County, Georgia is 36.6%, higher than the Georgia average of 10.3%.
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