Walthourville, Georgia Real Estate & Housing Market

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Walthourville Housing Information

Index	Walthourville	Georgia	National
Median home price	$116,700	$152,400	$184,700
Median rent asked	$831	$897	$949
Avg. people per household	2.7	2.7	2.6
Owner occupied households	51.7%	62.8%	63.6%
Renter occupied households	48.3%	37.2%	36.4%

The above shows an overview of the real estate market in Walthourville, GA. Note how the median home price for Walthourville, GA runs $116,700, which is 23% lower than the average property price for Georgia. So you’re going to get real estate in Walthourville, GA that is on-average more affordable than what you’ll find in the rest of Georgia. As for rent, the median for Walthourville, GA runs $831, which is comparatively 7% lower than the average rent for Georgia. For Walthourville, GA, about 51.7% of the population consist of home owners with about 2.7 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Walthourville, GA offers a wide variety of real estate. To find your perfect home in Walthourville, GA, filter your choice by price, location, and number of beds and baths using the search area above.

Walthourville Home Affordability

When deciding where to purchase Walthourville, 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 Walthourville, GA the median home price is $116,700 and $39,792 is the median household income. As a result, the home price to income ratio in Walthourville, GA is 2.9x, which is 2% 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 Walthourville, 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 Walthourville, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Fort Stewart, GA	4,910	$0	100%
Gumbranch, GA	216	$70,000	62%
Riceboro, GA	678	$70,800	62%
Hinesville, GA	34,127	$123,200	33%
Allenhurst, GA	635	$135,800	26%
Walthourville, GA	4,091	$116,700	37%

Cities with similar population

City, State	Population	Home Price	National Avg.
Nassau Bay, TX	4,091	$210,200	14%
Mullica Hill, NJ	4,092	$265,600	44%
Grayson, KY	4,093	$100,500	46%
Williamston, SC	4,093	$97,400	47%
Reedsport, OR	4,088	$134,500	27%
Walthourville, GA	4,091	$116,700	37%

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