Druid Hills, Georgia Real Estate & Housing Market

Druid Hills, GA Listings

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Druid Hills Housing Information

Index	Druid Hills	Georgia	National
Median home price	$468,700	$152,400	$184,700
Median rent asked	$1,361	$897	$949
Avg. people per household	2.1	2.7	2.6
Owner occupied households	52.5%	62.8%	63.6%
Renter occupied households	47.5%	37.2%	36.4%

Above, you'll find an overview of the real estate market in Druid Hills, GA. Generally, real estate in the Druid Hills, GA area is less affordable in Georgia, as the median price of a home in Druid Hills, GA is $468,700, which is 208% higher than the Georgia average. The median rental price in Druid Hills, GA is $1,361. This is 52% higher than the average rental price in Georgia. Home owners comprise 52.5% of the population of Druid Hills, GA, where an average of 2.1 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Druid Hills, GA. Below, you can search for real estate listings in Druid Hills, GA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Druid Hills Home Affordability

When searching for real estate in Druid Hills, 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 Druid Hills, GA, the median house price is $468,700, while the median income for households in the area is $88,542. Therefore, the ratio of house price to income is 5.3x; this ratio is 77% higher 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 Druid Hills, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Forest Park, GA	19,156	$55,200	70%
Conley, GA	5,397	$59,500	68%
Lake City, GA	2,712	$67,400	64%
Union City, GA	20,560	$79,900	57%
Lithonia, GA	2,093	$81,400	56%
Druid Hills, GA	13,444	$468,700	154%

Cities with similar population

City, State	Population	Home Price	National Avg.
Hot Springs Village, AR	13,443	$198,200	7%
Brainerd, MN	13,440	$106,400	42%
Hidalgo, TX	13,449	$90,400	51%
Stony Brook, NY	13,437	$443,500	140%
North Mankato, MN	13,451	$170,800	8%
Druid Hills, GA	13,444	$468,700	154%

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