Data through September 2026 · updated 2026-11-09 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Open Housing Atlas · https://openhousingatlas.com/county/ga/banks-county/ · data through September 2026, printed from the report updated 2026-11-09
Typical home value$338,852+0.2% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$73,456About 0.9× the local median income ($78,587): affordable for a typical household
Days on market91 daysSlower than a year ago: buyers have time to negotiate
The typical home in Banks County, GA is worth $338,852, about the same as a year ago. That is well above what local incomes have historically supported: fair value is about $286,266, so the area is 18.4% overvalued. It is a buyer's market: homes take about 91 days to sell, listings are up 13% from a year ago, 20% of listings have had a price cut. A household needs about $73,456 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,587. In the latest IRS figures, 311 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$338,852
Change in 1 year
+0.2%
Overvalued %
+18.4%
Show 6 more
Fair home value
$286,266
Change in 5 years
+33.4%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$1,836
Income needed to afford it
$73,456
Property tax rate
0.60%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,002
Market activity
Listings vs a year ago
+13.3%
Days on market
91
Listings with a price cut
20.5%
Show 3 more
Homes for sale
111
Pending sales per 100 listings
21
Asking price per sq ft
$200
People and jobs
Median household income
$78,587
Population change (1 year)
+3.7%
Unemployment rate
2.9%
Show 4 more
Population
21,273
Income adjusted for cost of living
$90,330
Net moves in (IRS)
+311
Cost of living (US = 100)
87.0
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
12.4
Flood risk score
19.7
Show 3 more
Wildfire risk score
24.4
Walkability (1 to 20)
5.2
Road, rail and air noise
54 dB
Questions people ask
Is Banks County, GA overvalued?
Home prices in Banks County, GA are well above what local incomes have historically supported: fair value is about $286,266, so the area is 18.4% overvalued.
Is Banks County, GA a buyer's or seller's market?
Banks County, GA is a buyer's market: homes take about 91 days to sell, listings are up 13% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Banks County, GA?
Home values in Banks County, GA are up 0.2% over the last year.
How much do you need to earn to buy a home in Banks County, GA?
A household needs about $73,456 a year to afford the typical home in Banks County, GA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,587.