A financial technology company has released its rankings of cities with the most stable housing markets in Georgia and some of the results may surprise you.
A recent analysis by New York financial technology company SmartAsset ranked the most stable housing markets in Georgia. Stability was measured by the average number of years people stay in their homes and the percentage of homeowners with negative equity.
For a look at the housing markets that were ranked most stable in Georgia, check out the table below.
| Rank | City | Average Years Living in Home | Avg. Homes with Negative Equity | Homes Decreasing in Value | Avg. Days on Market | Home Costs as % of Income | Stability Index |
|---|---|---|---|---|---|---|---|
| 1 | Dunwoody | 20.6 | 5.9% | 19.6% | 103.2 | 18.4% | 73.46 |
| 2 | Woodstock | 20.5 | 6.4% | 15.0% | 77.9 | 19.8% | 72.38 |
| 3 | Barnesville | 23.3 | 12.5% | 9.4% | 0.0 | 23.3% | 70.13 |
| 4 | Lawrenceville | 20.3 | 7.9% | 12.7% | 85.3 | 20.5% | 70.01 |
| 5 | Sugar Hill | 19.1 | 6.6% | 17.0% | 96.8 | 19.2% | 69.15 |
| 6 | Alpharetta | 18.0 | 6.6% | 19.8% | 113.0 | 18.5% | 66.58 |
| 7 | Richmond Hill | 22.3 | 13.8% | 14.1% | 204.2 | 20.7% | 66.18 |
| 8 | Bremen | 19.7 | 10.6% | 0.0% | 88.7 | 17.0% | 64.96 |
| 9 | Martinez | 18.4 | 9.3% | 11.9% | 69.2 | 18.9% | 63.84 |
| 10 | Canton | 16.1 | 5.8% | 15.7% | 100.2 | 21.9% | 63.71 |
The rankings are part of SmartAsset’s comprehensive study on the healthiest housing markets in the country. For a look at the full study, including the interactive map and methodology, check here: https://smartasset.com/mortgage/mortgage-calculator#Georgia/stability
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