Greene County, Georgia Housing Market

In Greene County, Georgia, the median home value is $394,800, with a median monthly rent of $924. This places Greene County at #296 nationally out of 3134 counties by median home value, and #8 within Georgia.

Median Home Value $394,800
Median Rent $924/mo
Owner Occupancy 77.9%
Price/Rent Ratio 35.6

📈 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 Greene County fell -2.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,382
jobs (private sector)
  • Avg weekly wage: $1,056
  • Establishments: 620
  • BLS QCEW, 2025
🏗️

Housing Supply

311
new units authorized (2025)
  • Single-family: 311
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1015
net migration (filers, 2021-2022)
  • Inflow: 8,359 (avg $178,509)
  • Outflow: 7,344 (avg $160,854)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Greene County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 30642 248.8 -6.61% 2025
2 30677 300.4 +4.70% 2025
3 30650 286.5 +7.04% 2025
4 30678 198.8 +12.78% 2021

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 Greene County Compares

MetricGreene CountyGeorgia AverageU.S. Average
Median Home Value $394,800 $197,932 $227,706
Median Gross Rent $924 $965 $968
Owner Occupancy Rate 77.9% 70.6% 73.3%
Price/Rent Ratio 35.6 16.6 18.7

Market Analysis

The median home value in Greene County is 99.5% above the Georgia state average and 73.4% above the U.S. national average. The median rent of $924/month is 4.2% below the state average.

With a price-to-rent ratio of 35.6, Greene County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Greene County has an owner-occupancy rate of 77.9%, 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
Wallowa County Oregon $394,800 $981
Dane County Wisconsin $394,800 $1,398
Sheridan County Wyoming $394,900 $939
Grand Isle County Vermont $394,100 $1,425
York County Maine $395,700 $1,339

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Dawson County $406,700 $1,626 78.7%
Cobb County $407,200 $1,730 67.0%
Gwinnett County $380,900 $1,810 66.3%
DeKalb County $357,800 $1,692 58.8%
Coweta County $357,500 $1,488 78.4%

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).