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 | White County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $231,249 | $238,631 | $242,182 |
| Price Trend (Annual %) | 14.0% | 9.0% | 8.2% |
| Median Gross Rent | $1,015 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 4.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in White County is about 3% lower than in Georgia. Rent is about 22% 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 White County, up about 14.0% and 4.3% a year respectively. Home prices are changing faster.
Median rent in White County rose about 43.7% between 2015 and 2023, from $706 to $1,015. Over the same span, rent in Georgia rose about 48.7%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in White County.
Buying the median-priced home in White County costs roughly 19.0 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 White County. The price-to-rent ratio in Georgia is about 15.2.
| Metric | White County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $231,249 | $238,631 | $242,182 |
| Median Household Income | $70,774 | $74,683 | $78,145 |
| Price-to-Income Ratio | 3.3 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in White County rose about 135.9%, while median household income rose about 72.5% 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 | White County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.7% | 58.4% | 58.2% |
| Rental Rate | 16.7% | 31.0% | 31.3% |
| Vacancy Rate | 24.6% | 10.6% | 10.6% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
White County has a homeownership rate of 58.7%, about the same as the Georgia average of 58.4%. Its housing vacancy rate is 24.6%, compared with 10.6% in Georgia.
Housing Stock
| Metric | White County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.68 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1993 | 1989 | 1978 |
| Median Number of Rooms | 5.3 | 5.9 | 5.5 |
The typical housing unit in White County was built around 1993. On average, 2.7 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in White County, Georgia.
What is the median home price in White County, Georgia?
The median home price in White County, Georgia is $231,249, lower than the Georgia average of $238,631.
What is the average home price in White 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 White County, Georgia?
The median gross rent in White County, Georgia is $1,015 per month, lower than the Georgia average of $1,306.
What was the median gross rent in White County in 2020?
In 2020, the median gross rent in White County, Georgia was $843 per month.
What is the price-to-rent ratio in White County, Georgia?
The price-to-rent ratio in White County, Georgia is about 19.0, meaning it would take roughly 19.0 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 White County.
Are home prices or rent rising faster in White County, Georgia?
Both home prices and rent are rising in White County, up about 14.0% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in White County, Georgia?
58.7% of households in White County, Georgia own their home, about the same as the Georgia average.
What is the vacancy rate in White County, Georgia?
The housing vacancy rate in White County, Georgia is 24.6%, higher than the Georgia average of 10.6%.