Fayette County, Georgia home prices
Typical home $491,245 · +0.1% in a year · property tax 0.75%
The typical home in Fayette County is worth $491,245, 49% more than the Georgia typical home ($329,115). Values changed +0.1% in the past year and +23.0% over five years. Homeowners here pay a median 0.75% of their home's value in property tax each year ($3,698 on the typical home), versus 0.77% statewide.
Mortgage on the typical Fayette County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $98,249 | $392,996 | $2,644 | $0 | $554 | $3,197 | $137,000 |
| 10% down | $49,124 | $442,120 | $2,974 | $184 | $554 | $3,712 | $159,100 |
| 5% down | $24,562 | $466,682 | $3,139 | $194 | $554 | $3,888 | $166,600 |
| 3.5% down (FHA) | $17,194 | $482,347 | $3,245 | $217 | $554 | $4,016 | $172,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.75% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Georgia · part of the Atlanta metro area.
Georgia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Fannin County | $496,269 | +2.4% | 0.33% |
| Cherokee County | $469,096 | -1.2% | 0.69% |
| Morgan County | $454,080 | +2.7% | 0.71% |
| Dawson County | $449,830 | -0.4% | 0.6% |
| Oconee County | $555,351 | +0.8% | 0.7% |
| Cobb County | $421,940 | -1.8% | 0.67% |
| Fulton County | $414,221 | -1.5% | 0.88% |
| Putnam County | $412,044 | +1.8% | 0.68% |
| Gilmer County | $411,163 | -0.6% | 0.35% |
| Rabun County | $402,742 | +1.1% | 0.56% |
Frequently asked questions
What is the average home price in Fayette County, GA?
The typical home value in Fayette County is $491,245 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Fayette County?
About $137,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Fayette County?
The median effective rate is 0.75% of home value a year (Census ACS 2024 5-year estimates).