Walker County, Georgia Housing Market Prices
Walker 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 27% below the Georgia median$187,500
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Median rent 32% below the Georgia median$940
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Walker County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $256,986 | $248,835 |
| Price Trend (Annual %) | 6.5% | 8.9% | 7.5% |
| Median Gross Rent | $940 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Walker County is about 27% lower than in Georgia. Rent is about 32% lower 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 Walker County, up about 6.5% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Walker County rose about 45.2% between 2015 and 2024, from $647 to $940. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Walker County.
Buying the median-priced home in Walker County costs roughly 16.6 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 Walker County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Walker County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $187,500 | $256,986 | $248,835 |
| Median Household Income | $59,522 | $77,523 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Walker County rose about 46.9%, while median household income rose about 41.8% 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 | Walker County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.5% | 58.9% | 58.5% |
| Rental Rate | 20.3% | 30.8% | 31.2% |
| Vacancy Rate | 11.2% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Walker County has a homeownership rate of 68.5%, higher than the Georgia average of 58.9%. Its housing vacancy rate is 11.2%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Walker County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1978 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Walker County was built around 1978. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 17.0 years on average.
Walker County, GA Housing Compared With Nearby Counties
Walker County, GA is the 3rd largest of the 5 counties compared here, 68,750 residents against a local median of 86,073. The measure that sets Walker County, GA apart most is homeownership: 77.2%, 15% above the local median of 66.9%. That is the better end of the local range on this measure.
The counties themselves spread 10.3% on homeownership, so Walker County, GA sits at one end of an already wide local range rather than apart from it. Walker County, GA has the highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Walker County, GA | 68,750 | $187,500 #3/5 | $940 #4/5 | 77.2% #1/5 |
| Catoosa County, GA | 68,548 | $185,416 | $992 | 74.2% |
| Chattooga County, GA | 25,036 | $68,899 | $789 | 66.8% |
| Whitfield County, GA | 103,598 | $217,500 | $970 | 67.0% |
| Hamilton County, TN | 375,392 | $311,675 | $1,253 | 63.9% |
Frequently Asked Questions
Common questions about the housing market in Walker County, Georgia.
What is the median home price in Walker County, Georgia?
The median home price in Walker County, Georgia is $187,500, lower than the Georgia average of $256,986.
What is the average home price in Walker County, Georgia?
The typical home price in Walker County, Georgia, reported as the median sale price, is $187,500. 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 Walker County, Georgia?
The median gross rent in Walker County, Georgia is $940 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Walker County in 2020?
In 2020, the median gross rent in Walker County, Georgia was $754 per month.
What is the price-to-rent ratio in Walker County, Georgia?
The price-to-rent ratio in Walker County, Georgia is about 16.6, meaning it would take roughly 16.6 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 Walker County.
Are home prices or rent rising faster in Walker County, Georgia?
Both home prices and rent are rising in Walker County, up about 6.5% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Walker County, Georgia?
68.5% of households in Walker County, Georgia own their home, higher than the Georgia average of 58.9%.
What is the vacancy rate in Walker County, Georgia?
The housing vacancy rate in Walker County, Georgia is 11.2%, higher than the Georgia average of 10.3%.
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