Home Values

Georgia Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$139,600

  • 5.4% 1-year change
  • 3.1% 1-year forecast

The median home value in Georgia is $139,600. Georgia home values have gone up 5.4% over the past year and Zillow predicts they will rise 3.1% within the next year. The median rent price in Georgia is $1,130.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Georgia is 4.9%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Georgia homeowners underwater on their mortgage is 22.1%.

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Relative ZHVI
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Georgia Market Overview

Data through May 31, 2015
  • $139,600 ZHVI
  • 3.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $169,050 Median sale price
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Georgia Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No recent data Average days on Zillow
  • 22.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Cities in Georgia

Name Median ZHVI
Cumming $241,000
Marietta $202,900
Atlanta $147,600
Name Median ZHVI
Lawrenceville $143,500
Gainesville $133,200
Athens $118,900
Name Median ZHVI
Savannah $103,000
Columbus $89,700
Augusta $74,600

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $92 Median sale price / sq ft
  • No data Listings with price cut
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Georgia Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,163 Georgia
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,130 Rent list price
  • $0.73 Rent list price / sq ft
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