Market Overview
Richmond County is home to Augusta and the Masters Tournament, with a diverse market spanning historic Summerville estates, medical district condos, and affordable south Augusta neighborhoods.
Richmond County is in eastern Georgia on the South Carolina border, anchored by Augusta, Georgia's second-largest city. The Savannah River separates Augusta from North Augusta, South Carolina. The county is part of the Central Savannah River Area (CSRA), a multi-county, two-state metro region. I-20 runs through the county east-west, connecting to Columbia County and Aiken, South Carolina. Atlanta is about 150 miles west — not commuting distance. Augusta functions as its own metro, with healthcare (Augusta University Medical Center), military (Fort Eisenhower), and the Masters Tournament as its economic pillars. The city has an old-money Southern character in neighborhoods like Summerville, combined with gritty urban texture downtown and affordable working-class areas in south Augusta.
Richmond County's housing market has wide price variation. Summerville (The Hill) is the most prestigious area — grand historic homes on tree-canopied streets near Augusta National, priced from $250K for smaller homes to $600K+ for estates. National Hills and Forest Hills are solid mid-century neighborhoods near Augusta University, running $150K-$300K. West Augusta along Washington Road has newer subdivisions and medical offices in the $200K-$400K range. South Augusta and Hephzibah offer the county's most affordable options, with homes widely available under $150K. Downtown Augusta's loft conversions along Broad Street appeal to young professionals at $150K-$300K. The Masters Tournament creates a unique income opportunity — homeowners near Augusta National can earn $5,000-$20,000+ renting their homes for a single week in April.
Richmond County Schools is a large urban district with significant variation by school. Some magnet programs like Davidson Fine Arts and A.R. Johnson Health Science and Engineering are strong. Many families in the area choose Columbia County specifically for its schools, then commute into Richmond County for work. Augusta University is the region's largest employer and a major medical center — the Medical College of Georgia is one of the nation's largest medical schools. The Georgia Cyber Center downtown, tied to Fort Eisenhower's cyber mission, is bringing a new tech-sector identity to the city. Broad Street downtown has added restaurants, breweries, and event spaces. The Augusta Riverwalk, Augusta Canal, and Phinizy Swamp Nature Park provide outdoor recreation. Masters week transforms the city each April, bringing global attention and substantial economic activity.
Augusta is in the middle of an identity shift. The Georgia Cyber Center, Fort Eisenhower's expanding Army Cyber Command, and defense contractors moving to the area are creating a new layer of higher-income professionals alongside the traditional military and healthcare workforce. Downtown Augusta has benefited most visibly, with new restaurants, Broad Street investment, and loft conversions targeting this demographic. For real estate investors, the combination of affordable purchase prices, steady rental demand from military rotations, and growing tech-sector interest makes Richmond County a market worth watching. Appreciation in Summerville and downtown has outpaced the broader county, signaling where the growth is concentrating.
Augusta hosts the Masters Tournament at Augusta National Golf Club each April, one of the most prestigious sporting events in the world.
Augusta University and its medical center are the region's largest employer and a major healthcare hub for eastern Georgia.
One of the most affordable cities in Georgia, with median home prices well below the state average.
The Georgia Cyber Center and Fort Eisenhower's cyber mission are bringing new investment and higher-income professionals to the area.
Explore the Area
Augusta's most prestigious residential area with grand historic homes, tree-canopied streets, and proximity to Augusta National Golf Club.
A revitalizing district along the Savannah River with Broad Street entertainment, the Augusta Riverwalk, and loft-style living.
The main commercial corridor along Washington Road/Riverwatch Parkway with shopping centers, medical offices, and mid-range subdivisions.
A south Augusta community with the most affordable homes in the county, popular with Fort Eisenhower personnel and first-time buyers.
Established mid-century neighborhoods near Augusta University with solid brick homes and mature landscaping.
During Masters week, many homeowners rent their properties for premium rates — some earning $5,000-$20,000+ for a single week. This is a unique income opportunity, particularly for homes near Augusta National. Some investors buy properties specifically for Masters rental income.
Richmond County (Augusta) offers lower prices, more urban character, and proximity to downtown and the medical district. Columbia County (Evans, Grovetown) has top-ranked schools, newer housing, and a suburban feel. Many families choose Columbia for schools but work in Richmond County.
Yes — the Georgia Cyber Center in downtown Augusta, Fort Eisenhower's expanding cyber mission, and Augusta University's medical campus are all driving growth. The city has attracted new restaurants, breweries, and investment along Broad Street and the Riverwalk. The tech sector is especially promising.
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