Thomasville, Georgia Real Estate & Housing Market

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Thomasville Housing Information

Index	Thomasville	Georgia	National
Median home price	$130,200	$152,400	$184,700
Median rent asked	$731	$897	$949
Avg. people per household	2.5	2.7	2.6
Owner occupied households	50.0%	62.8%	63.6%
Renter occupied households	50.0%	37.2%	36.4%

A general overview of the Thomasville, GA real estate market is displayed above. The median home price for homes in Thomasville, GA is $130,200, which is 15% lower than the Georgia average. This means that real estate in the Thomasville, GA area is generally more affordable than the rest of Georgia. The median rent price in Thomasville, GA is $731 which is 19% lower than the Georgia average. In Thomasville, GA, 50.0% of people are home owners and an average of 2.5 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Thomasville, GA. We make it easy to find Thomasville, GA real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Thomasville Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Thomasville, 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 Thomasville, GA is $130,200 and the median household income is $31,669. This results in a home price to income ratio of 4.1x, which is 38% higher 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 Thomasville, 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 Thomasville, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Coolidge, GA	592	$53,100	71%
Pavo, GA	541	$56,000	70%
Ochlocknee, GA	633	$56,600	69%
Boston, GA	1,359	$76,400	59%
Barwick, GA	376	$86,400	53%
Thomasville, GA	18,706	$130,200	30%

Cities with similar population

City, State	Population	Home Price	National Avg.
Middleton, WI	18,707	$293,100	59%
Ottawa, IL	18,707	$130,900	29%
South Burlington, VT	18,704	$271,900	47%
Fairmont, WV	18,699	$103,600	44%
Augusta, ME	18,691	$138,900	25%
Thomasville, GA	18,706	$130,200	30%

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