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 | Treutlen County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $162,500 | $238,631 | $242,182 |
| Price Trend (Annual %) | 515.9% | 9.0% | 8.2% |
| Median Gross Rent | $667 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 3.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Treutlen County is about 32% lower than in Georgia. Rent is about 49% 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 Treutlen County, up about 515.9% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Treutlen County rose about 44.8% between 2015 and 2023, from $461 to $667. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Treutlen County.
Buying the median-priced home in Treutlen County costs roughly 20.3 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 Treutlen County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | Treutlen County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $162,500 | $238,631 | $242,182 |
| Median Household Income | $43,539 | $74,683 | $78,145 |
| Price-to-Income Ratio | 3.7 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Treutlen County rose about 1553.2%, while median household income rose about 65.2% 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 | Treutlen County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.3% | 58.4% | 58.2% |
| Rental Rate | 34.7% | 31.0% | 31.3% |
| Vacancy Rate | 13.0% | 10.6% | 10.6% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Treutlen County has a homeownership rate of 52.3%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 13.0%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Treutlen County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1982 | 1989 | 1978 |
| Median Number of Rooms | 5.4 | 5.9 | 5.5 |
The typical housing unit in Treutlen County was built around 1982. On average, 2.6 people live in a home with about 5.4 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Treutlen County, Georgia.
What is the median home price in Treutlen County, Georgia?
The median home price in Treutlen County, Georgia is $162,500, lower than the Georgia average of $238,631.
What is the average home price in Treutlen 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 Treutlen County, Georgia?
The median gross rent in Treutlen County, Georgia is $667 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Treutlen County in 2020?
In 2020, the median gross rent in Treutlen County, Georgia was $587 per month.
What is the price-to-rent ratio in Treutlen County, Georgia?
The price-to-rent ratio in Treutlen County, Georgia is about 20.3, meaning it would take roughly 20.3 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 Treutlen County.
Are home prices or rent rising faster in Treutlen County, Georgia?
Both home prices and rent are rising in Treutlen County, up about 515.9% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Treutlen County, Georgia?
52.3% of households in Treutlen County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Treutlen County, Georgia?
The housing vacancy rate in Treutlen County, Georgia is 13.0%, higher than the Georgia average of 10.6%.