Fayette County, Georgia Housing Market

In Fayette County, Georgia, the median home value is $436,400, with a median monthly rent of $1,898. This places Fayette County at #211 nationally out of 3134 counties by median home value, and #4 within Georgia.

Median Home Value $436,400
Median Rent $1,898/mo
Owner Occupancy 80.1%
Price/Rent Ratio 19.2

📈 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 Fayette County rose +0.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

43,135
jobs (private sector)
  • Avg weekly wage: $1,133
  • Establishments: 4,752
  • BLS QCEW, 2025
🏗️

Housing Supply

435
new units authorized (2025)
  • Single-family: 435
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3644
net migration (filers, 2021-2022)
  • Inflow: 48,949 (avg $128,834)
  • Outflow: 45,305 (avg $130,961)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Fayette County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 30213 215.1 -9.45% 2025
2 30269 264.3 +0.32% 2025
3 30205 229.5 +3.15% 2025
4 30214 221.0 +1.26% 2025
5 30290 226.6 -0.53% 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 Fayette County Compares

MetricFayette CountyGeorgia AverageU.S. Average
Median Home Value $436,400 $197,932 $227,706
Median Gross Rent $1,898 $965 $968
Owner Occupancy Rate 80.1% 70.6% 73.3%
Price/Rent Ratio 19.2 16.6 18.7

Market Analysis

The median home value in Fayette County is 120.5% above the Georgia state average and 91.7% above the U.S. national average. The median rent of $1,898/month is 96.7% above the state average.

With a price-to-rent ratio of 19.2, the buy-vs-rent decision in Fayette County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Fayette County has an owner-occupancy rate of 80.1%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Montgomery County Pennsylvania $436,700 $1,683
Denton County Texas $437,200 $1,728
Skagway Municipality Alaska $435,400 $1,280
Cherokee County Georgia $435,100 $1,799
Hinsdale County Colorado $437,900 $1,171

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Cherokee County $435,100 $1,799 77.3%
Fulton County $458,800 $1,732 54.3%
Oconee County $461,600 $1,462 81.3%
Cobb County $407,200 $1,730 67.0%
Dawson County $406,700 $1,626 78.7%

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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).