Alamo, Georgia Real Estate & Housing Market

Alamo, GA Listings

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Alamo Housing Information

Index	Alamo	Georgia	National
Median home price	$47,200	$152,400	$184,700
Median rent asked	$518	$897	$949
Avg. people per household	2.4	2.7	2.6
Owner occupied households	50.8%	62.8%	63.6%
Renter occupied households	49.2%	37.2%	36.4%

Above, you'll find an overview of the real estate market in Alamo, GA. Generally, real estate in the Alamo, GA area is more affordable in Georgia, as the median price of a home in Alamo, GA is $47,200, which is 69% lower than the Georgia average. The median rental price in Alamo, GA is $518. This is 42% lower than the average rental price in Georgia. Home owners comprise 50.8% of the population of Alamo, GA, where an average of 2.4 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Alamo, GA. Below, you can search for real estate listings in Alamo, GA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Alamo Home Affordability

When searching for real estate in Alamo, GA, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Alamo, GA, the median house price is $47,200, while the median income for households in the area is $28,929. Therefore, the ratio of house price to income is 1.6x; this ratio is 45% lower than the average in Georgia. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Alamo, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Glenwood, GA	826	$36,200	80%
Tarrytown, GA	51	$45,000	76%
Scotland, GA	392	$45,300	75%
Lumber City, GA	1,271	$53,800	71%
McRae-Helena, GA	8,763	$58,500	68%
Alamo, GA	3,376	$47,200	74%

Cities with similar population

City, State	Population	Home Price	National Avg.
Lake Panasoffkee, FL	3,376	$79,300	57%
Winnsboro, SC	3,376	$150,200	19%
Lyman, SC	3,378	$114,200	38%
Penrose, CO	3,374	$169,200	8%
Heavener, OK	3,379	$49,700	73%
Alamo, GA	3,376	$47,200	74%

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