Lula, GA housing market
The typical Lula home is worth about $320,000, down 1.8% in a year, close to the Georgia typical home. Homes typically sell in 67 days, below asking.
Home values, sales, trends and how Lula compares with the towns next door — updated as new data is published.
Lula at a glance
A seller's market
Supply is tight — about 2.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Lula | Georgia |
|---|---|---|
| 2017 | $149,000 | $172,000 |
| 2018 | $164,000 | $186,000 |
| 2019 | $176,000 | $202,000 |
| 2020 | $186,000 | $215,000 |
| 2021 | $214,000 | $240,000 |
| 2022 | $263,000 | $292,000 |
| 2023 | $298,000 | $323,000 |
| 2024 | $318,000 | $334,000 |
| 2025 | $327,000 | $339,000 |
| 2026 | $325,000 | $332,000 |
| August 2026 | $320,000 | $331,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Lula in 2025, all single-family houses. That's 0.7 per 1,000 residents, slower than across Georgia (6). Over the past 10 years, Lula has permitted 147 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Lula gained 64 residents while 80 new homes were permitted: about 0.8 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Georgia: 2.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 35 | 35 | 0 | $4.1 million |
| 2025 | 2 | 2 | 0 | $300,000 |
| 2024 | 1 | 1 | 0 | $200,000 |
| 2023 | 9 | 9 | 0 | $1.9 million |
| 2022 | 11 | 11 | 0 | $695,000 |
| 2021 | 21 | 21 | 0 | $5 million |
| 2020 | 24 | 24 | 0 | $4.3 million |
| 2019 | 30 | 30 | 0 | $3 million |
| 2018 | 24 | 24 | 0 | $2.1 million |
| 2017 | 20 | 20 | 0 | $4.6 million |
| 2016 | 5 | 5 | 0 | $404,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $235,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 20 | 20 | 0 | $2.9 million |
| 2007 | 34 | 34 | 0 | $2.4 million |
| 2006 | 76 | 76 | 0 | $5.3 million |
| 2005 | 76 | 76 | 0 | $8.3 million |
| 2004 | 67 | 67 | 0 | $7.3 million |
| 2003 | 27 | 27 | 0 | $4.3 million |
| 2002 | 34 | 34 | 0 | $2.5 million |
| 2001 | 12 | 12 | 0 | $1.4 million |
| 2000 | 22 | 22 | 0 | $1.5 million |
How Lula ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.6 years of income
The typical Lula home costs about 4.6 years of the town's median household income, more than across Georgia (4.3 years).
How Lula ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,360
HUD's Fair Market Rent for a two-bedroom in Lula is $1,360 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lula pay a median of $1,316. A two-bedroom takes about 24% of the town's median household income.
Studio $1,040 · 4 bedrooms $1,850
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (30554; Gainesville, GA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Lula
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.