ATLANTA – The three healthiest housing markets in Georgia are in the Augusta region, according to a new study.
The report, compiled by New York City-based financial technology company SmartAsset, analyzed criteria including how long residents stay in the same home, the percentage of homes with negative equity and decreasing in value, how long houses stay on the market, and how affordable homes are to people in that market.
The city of Martinez in Columbia County scored tops in the company’s healthiest housing markets index with a score of 99.66.
The Martinez market is the state’s most stable, with owners living in the same home an average of 13.3 years. Martinez also is the third-most affordable housing market in Georgia, with home costs eating up only 17.8% of the owner’s income on average.