Cobb County, Georgia Housing Market

In Cobb County, Georgia, the median home value is $407,200, with a median monthly rent of $1,730. This places Cobb County at #275 nationally out of 3134 counties by median home value, and #6 within Georgia.

Median Home Value $407,200
Median Rent $1,730/mo
Owner Occupancy 67.0%
Price/Rent Ratio 19.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cobb County rose +2.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

346,779
jobs (private sector)
  • Avg weekly wage: $1,544
  • Establishments: 28,063
  • BLS QCEW, 2025
🏗️

Housing Supply

1,787
new units authorized (2025)
  • Single-family: 988
  • Multi-family: 799
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+6653
net migration (filers, 2021-2022)
  • Inflow: 305,290 (avg $114,378)
  • Outflow: 298,637 (avg $115,949)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Cobb County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 30339 261.5 +19.66% 2025
2 30168 260.9 -6.61% 2025
3 30064 283.0 +6.92% 2025
4 30068 294.2 +3.58% 2025
5 30062 304.8 +2.29% 2025
6 30066 296.5 +3.49% 2025
7 30080 307.5 -0.64% 2025
8 30127 268.9 +5.65% 2025
9 30152 284.8 +3.20% 2025
10 30144 287.7 +0.06% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Cobb County Compares

MetricCobb CountyGeorgia AverageU.S. Average
Median Home Value $407,200 $197,932 $227,706
Median Gross Rent $1,730 $965 $968
Owner Occupancy Rate 67.0% 70.6% 73.3%
Price/Rent Ratio 19.6 16.6 18.7

Market Analysis

The median home value in Cobb County is 105.7% above the Georgia state average and 78.8% above the U.S. national average. The median rent of $1,730/month is 79.3% above the state average.

With a price-to-rent ratio of 19.6, the buy-vs-rent decision in Cobb County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Cobb County has an owner-occupancy rate of 67.0%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
St. Mary's County Maryland $407,600 $1,747
Mecklenburg County North Carolina $406,800 $1,627
Dawson County Georgia $406,700 $1,626
Benton County Washington $407,800 $1,306
Jefferson County Idaho $408,400 $1,138

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Dawson County $406,700 $1,626 78.7%
Greene County $394,800 $924 77.9%
Gwinnett County $380,900 $1,810 66.3%
Cherokee County $435,100 $1,799 77.3%
Fayette County $436,400 $1,898 80.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).