Fort Valley, Georgia Real Estate & Housing Market

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Fort Valley Housing Information

Index	Fort Valley	Georgia	National
Median home price	$74,000	$152,400	$184,700
Median rent asked	$608	$897	$949
Avg. people per household	2.3	2.7	2.6
Owner occupied households	40.6%	62.8%	63.6%
Renter occupied households	59.4%	37.2%	36.4%

A general summary of the real estate market in Fort Valley, GA is listed above. Properties in Fort Valley, GA average a cost of $74,000, which is 51% lower than the median home price for real estate located in Georgia. This means that the region of Fort Valley, GA is, on average, more affordable when compared to the remainder of Georgia. Since tenants living in Fort Valley, GA will pay an average of $608, the median rental cost is 32% lower than in Georgia. 40.6% of people in Fort Valley, GA own their own homes, and an average of 2.3 people inhabit each property. Fort Valley, GA has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Fort Valley Home Affordability

When starting your search for real estate in Fort Valley, GA, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Fort Valley, GA costs $74,000 while each household has an average income of $20,664. Consequently, the ratio of home price to household income is 3.6x; this ratio is 20% higher than the average in Georgia. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Fort Valley, GA. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Fort Valley, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Knoxville, GA	64	$0	100%
Reynolds, GA	1,388	$63,900	65%
Marshallville, GA	1,493	$82,700	55%
Roberta, GA	876	$90,400	51%
Warner Robins, GA	73,265	$111,600	40%
Fort Valley, GA	8,975	$74,000	60%

Cities with similar population

City, State	Population	Home Price	National Avg.
Scaggsville, MD	8,975	$485,200	163%
Thomaston, GA	8,976	$79,300	57%
Toppenish, WA	8,977	$114,100	38%
Wasilla, AK	8,972	$231,700	25%
Lancaster, SC	8,971	$105,600	43%
Fort Valley, GA	8,975	$74,000	60%

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