Temple, Georgia Real Estate & Housing Market

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Temple Housing Information

Index	Temple	Georgia	National
Median home price	$102,600	$152,400	$184,700
Median rent asked	$819	$897	$949
Avg. people per household	3.1	2.7	2.6
Owner occupied households	60.2%	62.8%	63.6%
Renter occupied households	39.8%	37.2%	36.4%

The above shows an overview of the real estate market in Temple, GA. Note how the median home price for Temple, GA runs $102,600, which is 33% lower than the average property price for Georgia. So you’re going to get real estate in Temple, GA that is on-average more affordable than what you’ll find in the rest of Georgia. As for rent, the median for Temple, GA runs $819, which is comparatively 9% lower than the average rent for Georgia. For Temple, GA, about 60.2% of the population consist of home owners with about 3.1 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Temple, GA offers a wide variety of real estate. To find your perfect home in Temple, GA, filter your choice by price, location, and number of beds and baths using the search area above.

Temple Home Affordability

When deciding where to purchase Temple, GA real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Temple, GA the median home price is $102,600 and $46,680 is the median household income. As a result, the home price to income ratio in Temple, GA is 2.2x, which is 26% lower than the Georgia average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Temple, GA the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Temple, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Waco, GA	440	$76,500	59%
Mount Zion, GA	1,778	$89,900	51%
Buchanan, GA	1,367	$90,800	51%
Tallapoosa, GA	3,155	$91,900	50%
Bowdon, GA	2,261	$95,800	48%
Temple, GA	4,287	$102,600	44%

Cities with similar population

City, State	Population	Home Price	National Avg.
Grafton, ND	4,287	$83,100	55%
Mitchell, IN	4,287	$71,600	61%
Waverly, NY	4,287	$88,800	52%
Mountain Lakes, NJ	4,287	$825,100	347%
Heber, CA	4,287	$152,800	17%
Temple, GA	4,287	$102,600	44%

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