Elbert County, Georgia Housing Market
In Elbert County, Georgia, the median home value is $142,000, with a median monthly rent of $844. This places Elbert County at #2347 nationally out of 3134 counties by median home value, and #100 within Georgia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $887
- Establishments: 511
- BLS QCEW, 2025
Housing Supply
- Single-family: 127
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,326 (avg $52,437)
- Outflow: 6,766 (avg $53,102)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Elbert County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 30635 | 217.4 | +4.08% | 2025 |
| 2 | 30662 | 237.6 | -0.13% | 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.
📝 Editor's Insight
None
How Elbert County Compares
| Metric | Elbert County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $142,000 | $197,932 | $227,706 |
| Median Gross Rent | $844 | $965 | $968 |
| Owner Occupancy Rate | 70.9% | 70.6% | 73.3% |
| Price/Rent Ratio | 14.0 | 16.6 | 18.7 |
Market Analysis
The median home value in Elbert County is 28.3% below the Georgia state average and 37.6% below the U.S. national average. The median rent of $844/month is 12.5% below the state average.
With a price-to-rent ratio of 14.0, buying a home in Elbert County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Elbert County has an owner-occupancy rate of 70.9%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Cherokee County | South Carolina | $142,000 | $869 |
| Richland Parish | Louisiana | $141,900 | $903 |
| Alcorn County | Mississippi | $142,100 | $751 |
| Livingston County | Illinois | $142,200 | $880 |
| Schoolcraft County | Michigan | $141,800 | $705 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Charlton County | $142,800 | $540 | 80.1% |
| Crisp County | $140,200 | $778 | 55.5% |
| Schley County | $143,900 | $816 | 80.0% |
| Tattnall County | $140,000 | $699 | 71.0% |
| Brooks County | $139,200 | $809 | 71.7% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).