Wayne County, Georgia Housing Market Prices
Wayne 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.
-
Median home price 75% below the Georgia median Cheaper than 85% of counties in Georgia$63,250
-
Median rent 39% below the Georgia median$846
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wayne County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $63,250 | $256,986 | $248,835 |
| Price Trend (Annual %) | 12.4% | 8.9% | 7.5% |
| Median Gross Rent | $846 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wayne County is about 75% lower than in Georgia. Rent is about 39% 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 Wayne County, up about 12.4% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Wayne County rose about 35.4% between 2015 and 2024, from $624 to $846. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Wayne County.
Buying the median-priced home in Wayne County costs roughly 6.2 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 Wayne County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Wayne County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $63,250 | $256,986 | $248,835 |
| Median Household Income | $54,190 | $77,523 | $80,455 |
| Price-to-Income Ratio | 1.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wayne County fell about 24.7%, while median household income rose about 28.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Wayne County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.6% | 58.9% | 58.5% |
| Rental Rate | 28.4% | 30.8% | 31.2% |
| Vacancy Rate | 12.9% | 10.3% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Wayne County has a homeownership rate of 58.6%, about the same as the Georgia average of 58.9%. Its housing vacancy rate is 12.9%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Wayne County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.62 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1989 | 1990 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Wayne County was built around 1989. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Wayne County, Georgia.
What is the median home price in Wayne County, Georgia?
The median home price in Wayne County, Georgia is $63,250, lower than the Georgia average of $256,986.
What is the average home price in Wayne County, Georgia?
The typical home price in Wayne County, Georgia, reported as the median sale price, is $63,250. 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 Wayne County, Georgia?
The median gross rent in Wayne County, Georgia is $846 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Wayne County in 2020?
In 2020, the median gross rent in Wayne County, Georgia was $682 per month.
What is the price-to-rent ratio in Wayne County, Georgia?
The price-to-rent ratio in Wayne County, Georgia is about 6.2, meaning it would take roughly 6.2 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 Wayne County.
Are home prices or rent rising faster in Wayne County, Georgia?
Both home prices and rent are rising in Wayne County, up about 12.4% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wayne County, Georgia?
58.6% of households in Wayne County, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Wayne County, Georgia?
The housing vacancy rate in Wayne County, Georgia is 12.9%, higher 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 →