GA · Metro #96

Augusta - GA housing market

The Augusta metro has a typical home value of $253,524, up 2.8% from a year ago. Homes sell in 25 days on average - a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$253,524
+2.8% vs. year ago
Median sale price
$272,965
+18.2% YoY
Median list price
$309,667
Sale-to-list ratio
97.8%
Selling below ask
Days on market
25d
Listings w/ price cut
24.0%
New listings / mo
792
+8.5% YoY
Homes for sale
2,740
+32.0% YoY
Typical rent
$1,479/mo
+1.0% YoY
Context

How to read this data

The typical home value ($253,524) is the Zillow Home Value Index for the Augusta - GA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.8% over the past year. In Augusta - GA, that means a home worth $246,619 last year is now worth roughly $253,524.

The median sale price , what homes actually close for , is $272,965. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.

Homes listed in Augusta - GA sit on the market for roughly 25 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 792 new listings hit the market each month in Augusta - GA. There are currently 2,740 homes for sale, up 32.0% from a year ago.

The typical monthly rent in Augusta - GA is $1,479, up 1.0% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in GA

MetroHome value1-yr changeDays on market
Atlanta - GA$382,938 -2.1% 33.0d
Savannah - GA$348,054 -2.6% 34.0d
Columbus - GA$209,527 +3.0% 17.0d
Macon - GA$200,228 +2.3% 24.0d
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