Homerville, Georgia Real Estate & Housing Market

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Homerville Housing Information

Index	Homerville	Georgia	National
Median home price	$55,600	$152,400	$184,700
Median rent asked	$505	$897	$949
Avg. people per household	2.3	2.7	2.6
Owner occupied households	50.5%	62.8%	63.6%
Renter occupied households	49.5%	37.2%	36.4%

A general overview of the Homerville, GA real estate market is displayed above. The median home price for homes in Homerville, GA is $55,600, which is 64% lower than the Georgia average. This means that real estate in the Homerville, GA area is generally more affordable than the rest of Georgia. The median rent price in Homerville, GA is $505 which is 44% lower than the Georgia average. In Homerville, GA, 50.5% of people are home owners and an average of 2.3 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Homerville, GA. We make it easy to find Homerville, GA real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Homerville Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Homerville, GA. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Homerville, GA is $55,600 and the median household income is $18,750. This results in a home price to income ratio of 3.0x, which is 1% lower than the Georgia average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Homerville, GA are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Homerville, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Du Pont, GA	161	$37,500	80%
Argyle, GA	173	$40,000	78%
Homerville, GA	2,425	$55,600	70%

Cities with similar population

City, State	Population	Home Price	National Avg.
Spring Lake, MI	2,424	$131,700	29%
Mathews, LA	2,426	$178,200	4%
Texanna, OK	2,424	$91,100	51%
Ogdensburg, NJ	2,424	$232,400	26%
Clearwater, KS	2,423	$130,800	29%
Homerville, GA	2,425	$55,600	70%

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