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

$139,300

  • 5.6% 1-year change
  • 3.7% 1-year forecast

The median home value in Georgia is $139,300. Georgia home values have gone up 5.6% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in Georgia is None. The median rent price in Georgia is $1,100.

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 5.1%, which is lower than the national value of 6.3%. 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 24.5%.

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Relative ZHVI
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Georgia Market Overview

Data through Apr 30, 2015
  • $139,300 ZHVI
  • 3.7% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $164,050 Median sale price
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Georgia Market Health

Data through Apr 30, 2015
  • 2.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • 117 Average days on Zillow (Mar 31, 2015)
  • 24.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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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 Apr 30, 2015
  • No recent data Median list price / sq ft
  • $91 Median sale price / sq ft
  • No data Listings with price cut
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Georgia Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,164 Georgia
    $1,364 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
  • $1,100 Rent list price
  • $0.72 Rent list price / sq ft
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