Real Estate Market Update for Augusta, GA
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 20% from one year earlier, and down 4% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 100-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 7%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 90-thousand dollars. The number of units sold decreased 12% year-over-year, and decreased 16% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Augusta, GA
Area Information for Augusta, GA
  • Population: 197,431
  • Median Age: 34.13 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 652/sq mi
  • Population Change Since 2000: 1.05%
  • Closest Airport: Augusta Regional At Bush Field
  • Closest College: Augusta State University
  • Closest Jr. College: Augusta Technical College
  • Median Household Income: $38,608
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $83,460
  • Closest Major Sports Team: Augusta Greenjackets (a)
  • Change Avg. Household Income Since 2000: 17.88%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Augusta, GA
Median Age: 34.13 Married: 28% Number of Households: 76,008 Households with Children: 21,380
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Augusta, GA

      School Name Distance Type Grades School Rating Parent Rating
      Barton Chapel Elementary School 1.1 mi Public PRESCHOOL-5 0 0
      Glenn Hills Middle School 1.7 mi Public 6-8 0 0
      Glenn Hills High School 2.1 mi Public 9-12 0 3
      Glenn Hills Elementary School 2.2 mi Public PRESCHOOL-5 0 0
      Freedom Park Elementary School 2.4 mi Public PRESCHOOL-8 2 2
      Sue Reynolds Elementary School 2.5 mi Public PRESCHOOL-5 1 0
      Terrace Manor Elementary School 2.5 mi Public PRESCHOOL-5 0 0
      Abc Daycare & Kindergarten 2.7 mi Private UNGRADE-UNGRADE 0 0
      Meadowbrook Elementary School 2.8 mi Public PRESCHOOL-5 0 0
      Bayvale Elementary School 3.1 mi Public PRESCHOOL-5 1 0
      Hillcrest Baptist School 3.2 mi Private PRESCHOOL-8 0 0
      Copeland Elementary School 3.3 mi Public PRESCHOOL-5 0 0
      Lighthouse Care Center Of Augusta 3.5 mi Public 3-12 0 0
      Childcare Network 3.6 mi Private PRESCHOOL-K 0 0
      Richmond County Technical Career Magnet School 3.6 mi Public 9-9 0 3
      Wheeless Road Elementary School 3.6 mi Public PRESCHOOL-5 0 0
      Windsor Spring Road Elementary School 3.8 mi Public PRESCHOOL-5 0 0
      Augusta Sda School 3.8 mi Private PRESCHOOL-8 0 0
      First Baptist Church Kindergarten 3.9 mi Private PRESCHOOL-K 0 0
      Burns Memorial United Methodist Church Presch/ Dcc 4.0 mi Private PRESCHOOL-PRESCHOOL 0 0
      Lake Forest Hills Elementary School 4.2 mi Public PRESCHOOL-5 3 0
      Aquinas High School 4.2 mi Catholic 9-12 0 4
      Charles Henry Terrell Academy 4.3 mi Private K-12 0 0
      Augusta Preparatory Day School 4.4 mi Private PRESCHOOL-12 0 0
      Rollins Elementary School 4.6 mi Public PRESCHOOL-5 0 0
      Sego Middle School 4.7 mi Public 6-8 0 0
      Alleluia Community School 4.8 mi Private K-12 0 0
      Langford Middle School 4.8 mi Public 6-8 1 0
      Murphey Middle Charter School 4.8 mi Public 6-8 0 0
      Westmont Elementary School 5.0 mi Public K-5 4 0
      Bright Beyond Measure 5.0 mi Private K-2 0 0
      Martinez Elementary School 5.0 mi Public K-5 4 0
      Tobacco Road Elementary School 5.0 mi Public PRESCHOOL-5 0 0
      Butler High School 5.1 mi Public 9-12 0 3
      Westminster Schools Of Augusta 5.1 mi Private PRESCHOOL-12 0 4
      St Mary On The Hill School 5.2 mi Catholic K-8 0 0
      Tutt Middle School 5.4 mi Public 6-8 1 0
      Columbia County Christian Academy 5.4 mi Private PRESCHOOL-8 0 0
      Wilkinson Gardens Elementary School 5.6 mi Public PRESCHOOL-5 0 0
      Monte Sano Elementary School 5.6 mi Public PRESCHOOL-5 1 0
      Hains Elementary School 5.6 mi Public PRESCHOOL-5 0 0
      Southside Elementary School 5.6 mi Public PRESCHOOL-5 0 0
      Merry Elementary School 5.7 mi Public PRESCHOOL-5 1 0
      Ebenezer Adventist Christian Academy 5.7 mi Private 1-8 0 0
      Episcopal Day School 5.9 mi Private PRESCHOOL-8 0 0
      The First Academy 6.0 mi Private PRESCHOOL-9 0 0
      South Columbia Elementary School 6.2 mi Public PRESCHOOL-5 3 0
      Jenkins-white Elementary Charter School 6.2 mi Public PRESCHOOL-5 0 0
      Josey High School 6.2 mi Public 9-12 0 4
      Gracewood Elementary School 6.3 mi Public PRESCHOOL-5 2 0
      Academy Of Richmond County High School 6.3 mi Public 9-12 1 3
      Lamar - Milledge Elementary School 6.3 mi Public PRESCHOOL-5 0 0
      Augusta Christian Schools 6.5 mi Private PRESCHOOL-12 0 0
      Westside High School 6.5 mi Public 9-12 1 3
      Augusta Youth Development Campus 6.6 mi Public 7-11 0 0
      Laney High School 6.8 mi Public 9-12 0 3
      Evening School 6.8 mi Public - 0 0
      Hope Christian School 6.8 mi Private 2-8 0 0
      Walker Traditional Elementary School 7.2 mi Public K-8 4 0
      Johnson Magnet 7.4 mi Public 6-12 5 4
      Garrett Elementary School 7.4 mi Public PRESCHOOL-5 1 0
      Davidson Magnet School 7.9 mi Public 6-12 5 4
      Curtis Baptist School (pk-12) 7.9 mi Private PRESCHOOL-12 0 0
      Stevens Creek Elementary School 8.2 mi Public K-5 5 0
      Cross Creek High School 8.2 mi Public 9-12 1 4
      Immaculate Conception School 8.3 mi Catholic PRESCHOOL-8 0 0
      Craig-houghton Elementary School 8.5 mi Public PRESCHOOL-5 0 0
      Goshen Elementary School 8.7 mi Public PRESCHOOL-5 1 0
      Stallings Island Middle School 8.9 mi Public 6-8 5 0
      Heritage Academy 8.9 mi Private K-8 0 0
      W.s. Hornsby K-8 School 9.7 mi Public PRESCHOOL-8 0 0
      Childlight Montessori School 913.9 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Augusta, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.