The typical owner-occupied home in Smarr is worth about $281,900, 7% below the Georgia median of $303,300 and 15% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Smarr at a glance
| Smarr | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $281,900 | $303,300 | $332,700 |
| Median property tax paid per year | – | $2,341 | $3,119 |
| Median household income | – | $77,353 | $80,734 |
| Homes lived in by their owners | 100% | 66% | 65% |
| Owner homes with a mortgage | 33% | 63% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,783 | $1,963 |
| Median rent | – | $1,393 | $1,413 |
| Median year homes were built | 1987 | 1992 | 1980 |
| Vacant homes | 0.0% | 10.3% | 10.1% |
| Population | 58 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Smarr
At this week's average 30-year rate of 7.11%, buying the median Smarr home of $281,900 with 20% down costs about $1,893 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,363, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $81,127 for the 20%-down payment.
| Down payment | $56,380 |
|---|---|
| Loan amount | $225,520 |
| Principal and interest | $1,517 |
| Property taxes (1.10% a year) | $258 |
| Homeowners insurance (our estimate, 0.5% a year) | $117 |
| PMI | $0 |
| Total per month | $1,893 |
Change the numbers in the calculator
| Down payment | $9,866 |
|---|---|
| Loan amount | $276,794 |
| Principal and interest | $1,862 |
| Property taxes (1.10% a year) | $258 |
| Homeowners insurance (our estimate, 0.5% a year) | $117 |
| FHA mortgage insurance | $125 |
| Total per month | $2,363 |
Change the numbers in the calculator
Questions about home buying in Smarr
What is the median home value in Smarr?
About $281,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Smarr?
For the median home with 20% down at 7.11%, the payment is about $1,893 a month. Keeping that under 28% of gross income takes about $81,127 a year.
More about Smarr
- Mortgage Refinance in Smarr
- Debt Relief in Smarr
- Home Equity Loans in Smarr
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data