Thomaston, Georgia Real Estate & Housing Market

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Thomaston Housing Information

Index	Thomaston	Georgia	National
Median home price	$79,300	$152,400	$184,700
Median rent asked	$620	$897	$949
Avg. people per household	2.4	2.7	2.6
Owner occupied households	46.4%	62.8%	63.6%
Renter occupied households	53.6%	37.2%	36.4%

Above is a snapshot look at the real estate market in Thomaston, GA. In Thomaston, GA, the median house price is $79,300, making the price 48% lower than that the average for Georgia. Therefore, the affordability of Thomaston, GA area real estate is more affordable than the real estate in other areas of Georgia. In addition, Thomaston, GA has a median rent price of $620; this price is 31% lower than that the average rental price for Georgia. 46.4% of residents in Thomaston, GA are homeowners, and the average amount of people who reside in each home is 2.4. Thomaston, GA has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Thomaston, GA real estate for sale.

Thomaston Home Affordability

When looking for real estate in Thomaston, GA, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Thomaston, GA, the median price of a home is $79,300 and $27,466 is the median household income. This means that the home price to income ratio is 2.9x, a ratio that is 3% lower than the average in Georgia. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Thomaston, GA will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Thomaston, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Aldora, GA	124	$0	100%
Lincoln Park, GA	453	$40,300	78%
Salem, GA	343	$46,700	75%
Woodbury, GA	945	$51,800	72%
Talbotton, GA	1,118	$55,000	70%
Thomaston, GA	8,976	$79,300	57%

Cities with similar population

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

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