Adel, Georgia Real Estate & Housing Market

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Adel Housing Information

Index	Adel	Georgia	National
Median home price	$86,800	$152,400	$184,700
Median rent asked	$696	$897	$949
Avg. people per household	2.9	2.7	2.6
Owner occupied households	63.1%	62.8%	63.6%
Renter occupied households	36.9%	37.2%	36.4%

Above is a snapshot look at the real estate market in Adel, GA. In Adel, GA, the median house price is $86,800, making the price 43% lower than that the average for Georgia. Therefore, the affordability of Adel, GA area real estate is more affordable than the real estate in other areas of Georgia. In addition, Adel, GA has a median rent price of $696; this price is 22% lower than that the average rental price for Georgia. 63.1% of residents in Adel, GA are homeowners, and the average amount of people who reside in each home is 2.9. Adel, GA has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Adel, GA real estate for sale.

Adel Home Affordability

When looking for real estate in Adel, GA, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Adel, GA, the median price of a home is $86,800 and $33,292 is the median household income. This means that the home price to income ratio is 2.6x, a ratio that is 13% lower than the average in Georgia. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Adel, GA will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Adel, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Moody AFB, GA	512	$0	100%
Morven, GA	539	$46,100	75%
Ellenton, GA	132	$47,800	74%
Sparks, GA	2,438	$48,000	74%
Omega, GA	1,111	$51,400	72%
Adel, GA	5,304	$86,800	53%

Cities with similar population

City, State	Population	Home Price	National Avg.
Lakehills, TX	5,304	$134,300	27%
Linton, IN	5,305	$63,800	65%
Schlusser, PA	5,303	$163,900	11%
Pass Christian, MS	5,302	$157,400	15%
Islip Terrace, NY	5,302	$349,300	89%
Adel, GA	5,304	$86,800	53%

Source: The Adel, GA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).