Trion, Georgia Real Estate & Housing Market

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Trion Housing Information

Index	Trion	Georgia	National
Median home price	$67,500	$152,400	$184,700
Median rent asked	$588	$897	$949
Avg. people per household	3.0	2.7	2.6
Owner occupied households	48.2%	62.8%	63.6%
Renter occupied households	51.8%	37.2%	36.4%

A general summary of the real estate market in Trion, GA is listed above. Properties in Trion, GA average a cost of $67,500, which is 56% lower than the median home price for real estate located in Georgia. This means that the region of Trion, GA is, on average, more affordable when compared to the remainder of Georgia. Since tenants living in Trion, GA will pay an average of $588, the median rental cost is 34% lower than in Georgia. 48.2% of people in Trion, GA own their own homes, and an average of 3.0 people inhabit each property. Trion, 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.

Trion Home Affordability

When starting your search for real estate in Trion, 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 Trion, GA costs $67,500 while each household has an average income of $39,219. Consequently, the ratio of home price to household income is 1.7x; this ratio is 42% lower 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 Trion, 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 Trion, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Broomtown, AL	122	$0	100%
Lyerly, GA	443	$53,000	71%
Shannon, GA	1,754	$64,400	65%
Summerville, GA	4,408	$64,700	65%
Menlo, GA	446	$77,000	58%
Trion, GA	2,273	$67,500	63%

Cities with similar population

City, State	Population	Home Price	National Avg.
Friday Harbor, WA	2,273	$289,900	57%
Fair Haven, VT	2,273	$146,200	21%
Delcambre, LA	2,273	$82,300	55%
South Congaree, SC	2,272	$121,600	34%
Lake Lotawana, MO	2,274	$346,000	87%
Trion, GA	2,273	$67,500	63%

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