Georgia Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Metro Atlanta's housing market has matured from the explosive growth period into a steadier pace of appreciation, though demand remains strong in the northern suburbs (Alpharetta, Johns Creek, Milton) and emerging southeastern suburbs (McDonough, Stockbridge). Atlanta continues to be one of the top relocation destinations for corporate employees, with major employers like Delta, Home Depot, and UPS, plus a growing tech and film industry presence. Savannah's market has tightened considerably, driven by tourism growth, a thriving port, and Hyundai's new EV manufacturing plant nearby.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Georgia?

The Georgia housing market is showing balanced conditions.

home values have been essentially flat (-1.8%) over the past year. there are currently 1,154 homes on the market.

Median Home Value

$328,277

Zillow Home Value Index

Year-over-Year

-1.8%

Home value change

5-Year Change

+36.1%

Since 2021

Median Rent

$1,471/mo

Zillow Observed Rent Index

Active Listings

1,154

Homes for sale

Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Georgia vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Georgia: $1,471/mo (+2.7% YoY)

Rent vs. Buy Analysis

With a median home value of $328,277 and average rent of $1,471/mo, the price-to-rent ratio in Georgia is 18.6. A ratio of 15-21 means it could go either way — run the numbers.

Run Full Rent vs. Buy Calculator