Market Overview
Home Prices in Rex, GA
The median home value in Rex, GA is $235,064 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.3% compared to a year ago and down 7.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rex are priced43% below average. Rex is part of the Atlanta-Sandy Springs-Alpharetta, GA metro area.
Over the past five years, Rex home values have risen by approximately21.6%, reflecting strong long-term appreciation in this market.
Price History
Rex Home Price Trend
City Comparison
Rex vs. National Median
At $235,064, homes in Rex cost 43% below the national median of $410,000. This makes Rex a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rex?
20% Down Payment
$47,013
on $235,064
Monthly P&I
$1,226/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,557/mo
incl. taxes & insurance
Income Needed
$62,280
gross annual (30% rule)
10% Down Option
$23,506
+ PMI applies
Loan Amount (20% dn)
$188,051
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 Rex, GA?
The median home value in Rex is $235,064 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.3% year-over-year.
How much have home prices changed in Rex?
Over the past year, home values in Rex have decreased by 4.3%. Over five years, prices have risen approximately 21.6%.
How much do I need to earn to buy a home in Rex?
To comfortably afford the median home price of $235,064 with a 20% down payment ($47,013) at today's rates (6.8%), you'd need a gross annual income of approximately $62,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Rex compare to the national average home price?
The national median home value is approximately $410,000. At $235,064, homes in Rex are 43% below the national average.
What metro area is Rex part of?
Rex is part of the Atlanta-Sandy Springs-Alpharetta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.