Open on the map

Fayette County, GA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$491,245+0.1% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$106,492About 0.9× the local median income ($117,563): affordable for a typical household
Days on market67 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−1.0%Zillow expects prices to dip slightly

The typical home in Fayette County, GA is worth $491,245, about the same as a year ago. That is well above what local incomes have historically supported: fair value is about $431,982, so the area is 13.7% overvalued. It is a buyer's market: homes take about 67 days to sell, listings are up 40% from a year ago, 24% of listings have had a price cut. Zillow expects prices to fall about 1.0% over the next year. A household needs about $106,492 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 $117,563. Typical rent is $2,264 a month, or $2,795 for a house. In the latest IRS figures, 470 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K$500K19801990200020102020
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$491,245
Change in 1 year+0.1%
Overvalued %+13.7%
Show 7 more
Fair home value$431,982
Change in 5 years+23.0%
Zillow forecast, next 12 months−1.0%
Home value to income4.2×
Monthly mortgage payment (20% down)$2,662
Income needed to afford it$106,492
Property tax rate0.75%

Rent and investing

Typical rent$2,264
Typical rent for houses$2,795
Price-to-rent ratio18.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms$1,762
Gross rental yield5.53%
Cap rate (estimate)3.60%

Market activity

Listings vs a year ago+39.8%
Days on market67
Listings with a price cut24.3%
Show 3 more
Homes for sale664
Pending sales per 100 listings19
Asking price per sq ft$207

People and jobs

Median household income$117,563
Population change (1 year)+0.3%
Unemployment rate3.8%
Show 4 more
Population125,156
Income adjusted for cost of living$117,446
Net moves in (IRS)+470
Cost of living (US = 100)100.1

Schools, risk and environment

School rating (1 to 10)8.9
FEMA hazard risk score (0 to 100)61.3
Flood risk score70.6
Show 3 more
Wildfire risk score34.2
Walkability (1 to 20)6.8
Road, rail and air noise53 dB

Questions people ask

Is Fayette County, GA overvalued?
Home prices in Fayette County, GA are well above what local incomes have historically supported: fair value is about $431,982, so the area is 13.7% overvalued.
Is Fayette County, GA a buyer's or seller's market?
Fayette County, GA is a buyer's market: homes take about 67 days to sell, listings are up 40% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Fayette County, GA?
Home values in Fayette County, GA are up 0.1% over the last year. Zillow's forecast for the next 12 months is −1.0%.
How much do you need to earn to buy a home in Fayette County, GA?
A household needs about $106,492 a year to afford the typical home in Fayette County, GA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $117,563.

Nearby and similar counties

ZIP codes in Fayette County (open on the map)

See every chart for Fayette County, GA on the map