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A middling-yield market. Neither rent nor appreciation makes the case on its own.
What would change this read: a price correction (median already −11.4% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −22.5% YoY, is the number to watch.
The median listing price is down 11.4% YoY while the median home got down 7.7% bigger, so value per square foot is up 0.8%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
Not shown: Studio (no price per sq ft reported).
At the median, a $271K purchase rents for $2,100/mo: 0.77% of price per month against the 1% rule's 1.00%.
Not shown: Studio (sale only, no matching rent), 1 BR (rent only, no matching sale price), 6 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 11 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Manufactured (sold here, not rented).
U.S. Census ACS characteristics for ZIP 31216 itself, not its parent county.
Renters hold 13.9% of this ZIP's 5,966 occupied households, on a median household income of $72K.
| Measure | ZIP 31216 | Bibb County | Difference |
|---|---|---|---|
| Median Household Income | $72K | $51K | +$21K |
| Below Poverty Level | 10.7% | 24.7% | -14.0% |
| Median Age | 42.80 | 36.80 | +6.00 |
| Total Population | 16,328 | 156,578 | -- |
| Avg Household Size | 2.55 | 2.51 | +0.04 |
| Owner-Occupied | 86.1% | 51.4% | +34.7% |
| Worked From Home | 13.0% | 9.5% | +3.5% |
| Mean Commute | 23.20 | 22.20 | +1.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.0% to 156,578: residents under 18 are down 0.2% and those 65 and over are up 1.6%.
County median household income is $51K, 24.7% of residents are below the poverty level, 9.5% work from home.