Evans, Georgia Real Estate Investing — Market Data
A live read on Evans for flip, ground-up, and rental investors: home values, rents, days on market, price cuts, and an estimated return — with a calculator prefilled to local numbers.
Market data as of April 2026.
What the numbers say in Evans
The typical home in Evans is worth $407,018, up 1.4% over the past year. Homes go under contract in about 22 days, and 21.6% of listings take a price cut. At a median rent of $1,702/mo, the unlevered capitalization rate (cap rate) pencils to roughly 2.3%.
Fix-and-flip conditions in Evans
Flips live and die on resale speed and price softness. In Evans, about 21.6% of listings take a price cut and homes go under contract in roughly 22 days. Start from a defensible After-Repair Value (ARV), then work backward to your Maximum Allowable Offer (MAO).
New-construction economics in Evans
Ground-up works when the finished home sells for meaningfully more than land plus build. Evans's median sale price of $382,994 is the resale target to underwrite against. Add land, construction cost per square foot, soft costs, and holding costs to see if the spread clears your margin.
Rental returns in Evans
At Evans's median value and rent, the unlevered capitalization rate (cap rate) is about 2.3%, a rent-to-price ratio of 0.42% (the 1% rule). Cap rate ignores financing; the calculator below starts from Evans's medians so you can adjust to a real deal.
The deal
Purchase price and the monthly rent the property would command in today's market.
Operating costs
Annual property tax rate, monthly insurance, and the operating reserves you set against rent.
Net Operating Income (NOI) $9,418 / yr ÷ purchase price $407,018
Monthly operating-expense breakdown
Every operating cost that flows into Net Operating Income (NOI). Mortgage principal and interest are deliberately excluded — cap rate is unlevered.
This is an estimate from the numbers you entered. A real cap rate is anchored by current leased comparables, the actual assessed property tax, and a quoted insurance premium — not typed assumptions. Always confirm with a full Comparative Market Analysis (CMA) before making an offer.
Skip the manual rent comp hunt
Fundry pulls leased comparables and assessed tax for any Georgia address and runs Net Operating Income, cap rate, and Cash-on-Cash return for you — flip, ground-up, or rental. Free.
Run a real CMA freeHow to read these Evans numbers
- Typical home value is the value of a mid-tier home — a steadier signal than a single month's sales.
- Days to pending is how fast homes go under contract. Fewer days favors sellers; more days gives a flipper room to negotiate.
- Listings with a price cut flags softening — more cuts can mean more motivated sellers.
- Capitalization rate (cap rate) is annual Net Operating Income (NOI) divided by price — an unlevered yardstick for rentals. A full Comparative Market Analysis (CMA) refines it with real comparable rents.
Nearby Georgia markets
Evans real estate FAQ
What is the typical home value in Evans?+
The typical home in Evans is worth about $407,018, up 1.4% over the past year. This reflects mid-tier homes and updates monthly.
What cap rate can you get in Evans?+
Using Evans's median home value and median rent of $1,702 per month, the estimated unlevered capitalization rate (cap rate) is about 2.3%. Your actual cap rate depends on the specific property, its rent, taxes, and operating costs — run the calculator on this page to model a real deal.
How fast do homes sell in Evans?+
Homes in Evans go under contract in roughly 22 days on average. Faster markets favor sellers; slower markets give flippers and value buyers more room to negotiate.
Is Evans a good place to invest in real estate?+
It depends on your strategy. Evans's value, rent, days on market, and price-cut data above show the conditions for flip, ground-up, and rental approaches. Use the free calculators to underwrite a specific deal before deciding — the numbers here are a starting point, not a verdict.
Figures are estimates of typical market conditions and update monthly. For official U.S. home-price data, see the Federal Housing Finance Agency House Price Index.
Run the numbers on a real Evans address
Search any Evans address. Fundry pulls matched comparable sales and builds the full deal — flip, ground-up, or rental. Free.
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