Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 18,757 ↑ 4.0% since 2020 |
| Median Household Income | $68,830 8% below national median |
| Median Home Value | $251,700 |
| Unemployment Rate | 2.7% |
| Median Age | 42.4 years |
| Housing Vacancy Rate | 7.9% |
| Total Land Sales (Past 12 Months) | 189 transactions |
| Active Listings | 49 properties |
| Avg Days on Market | 511 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $15,094 |
| Recent Sales | 176 transactions |
| Avg Days on Market | 524 days |
| Avg Parcel Size | 23.90 acres |
| Active Listings | 48 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 16.21 | $372,000 | $22,949 | Commerce |
| Mar 2026 | 5.00 | $99,000 | $19,800 | Commerce |
| Mar 2026 | 12.34 | $90,000 | $7,293 | Lula |
| Feb 2026 | 3.86 | $77,000 | $19,948 | Baldwin |
| Feb 2026 | 3.86 | $77,000 | $19,948 | Baldwin |
| Feb 2026 | 8.08 | $195,000 | $24,137 | Homer |
| Feb 2026 | 3.46 | $92,500 | $26,726 | Baldwin |
| Feb 2026 | 1.03 | $28,000 | $27,184 | Baldwin |
| Feb 2026 | 6.43 | $140,000 | $21,773 | Danielsville |
| Jan 2026 | 15.26 | $269,000 | $17,628 | Alto |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $29,000 |
| Recent Sales | 13 transactions |
| Avg Days on Market | 342 days |
| Avg Parcel Size | 0.80 acres |
| Active Listings | 1 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Feb 2026 | 0.82 | $30,000 | Baldwin |
| Feb 2026 | 0.76 | $30,000 | Baldwin |
| Dec 2025 | 0.77 | $29,000 | Baldwin |
| Dec 2025 | 0.77 | $29,000 | Baldwin |
| Sep 2025 | 0.59 | $53,000 | Commerce |
| Sep 2025 | 0.59 | $53,000 | Commerce |
| Sep 2025 | 0.75 | $28,000 | Baldwin |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 18,757 |
| Population (2020) | 18,035 |
| Population Growth | 4.0% |
| Median Household Income | $68,830 |
| Median Home Value | $251,700 |
| Total Housing Units | 7,373 |
| Vacant Housing Units | 586 |
| Housing Vacancy Rate | 7.9% |
| Median Age | 42.4 |
| Bachelor's Degree or Higher | 1,546 (8.2%) |
| Unemployment Rate (BLS) | 2.8% |
Market Overview
Banks County, Georgia has a population of 18,757, which has grown 4.0% since 2020. The median household income is $68,830, below the national median of $74,580 by 7.7%. With a median home value of $251,700 and an unemployment rate of 2.8%, the local economy is moderate. The housing vacancy rate of 7.9% suggests balanced market conditions. Banks County remains a key area for land acquisition in Georgia. Recent rural land sales show a median price of $15,094 per acre, with properties averaging 23.90 acres. There are currently 49 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Banks County, Georgia?
As of the 2023 American Community Survey, Banks County has a population of 18,757. The county has grown 4.0% since the 2020 Census, indicating a growing community.
What is the median household income in Banks County?
The median household income in Banks County is $68,830, which is 7.7% below the national median of $74,580.
Is Banks County growing or shrinking?
Banks County is growing. The population has increased 4.0% since 2020.
What is the housing market like in Banks County?
The median home value in Banks County is $251,700. The housing vacancy rate is 7.9%, which suggests balanced market conditions. The unemployment rate is 2.8%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $15,094 per acre. Suburban/urban lots under 1 acre have a median lot price of $29,000.
Does Reelvest buy land in Banks County, Georgia?
Yes! Reelvest Properties buys vacant land throughout Georgia, including Banks County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.