Market Overview
Home Prices in Patterson, GA
The median home value in Patterson, GA is $204,595 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.1% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Patterson are priced50% below average. Patterson is part of the Waycross, GA metro area.
Over the past five years, Patterson home values have risen by approximately42.9%, reflecting strong long-term appreciation in this market.
Price History
Patterson Home Price Trend
City Comparison
Patterson vs. National Median
At $204,595, homes in Patterson cost 50% below the national median of $410,000. This makes Patterson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Patterson?
20% Down Payment
$40,919
on $204,595
Monthly P&I
$1,067/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,355/mo
incl. taxes & insurance
Income Needed
$54,200
gross annual (30% rule)
10% Down Option
$20,460
+ PMI applies
Loan Amount (20% dn)
$163,676
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Patterson, GA?
The median home value in Patterson is $204,595 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.1% year-over-year.
How much have home prices changed in Patterson?
Over the past year, home values in Patterson have increased by 10.1%. Over five years, prices have risen approximately 42.9%.
How much do I need to earn to buy a home in Patterson?
To comfortably afford the median home price of $204,595 with a 20% down payment ($40,919) at today's rates (6.8%), you'd need a gross annual income of approximately $54,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Patterson compare to the national average home price?
The national median home value is approximately $410,000. At $204,595, homes in Patterson are 50% below the national average.
What metro area is Patterson part of?
Patterson is part of the Waycross, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.