Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median −9.4% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, +1.2% YoY, is the number to watch.
The median listing price is down 9.4% YoY while the median home got down 4.5% bigger, so value per square foot is down 6.5%.
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.
At the median, a $120K purchase rents for $1,000/mo: 0.83% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Sales here take about 52 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 31217 itself, not its parent county.
Renters hold 34.7% of this ZIP's 6,336 occupied households, on a median household income of $45K.
| Measure | ZIP 31217 | Bibb County | Difference |
|---|---|---|---|
| Median Household Income | $45K | $51K | -$6K |
| Below Poverty Level | 29.3% | 24.7% | +4.6% |
| Median Age | 37.20 | 36.80 | +0.40 |
| Total Population | 17,732 | 156,578 | -- |
| Avg Household Size | 2.74 | 2.51 | +0.23 |
| Owner-Occupied | 65.3% | 51.4% | +13.9% |
| Worked From Home | 8.8% | 9.5% | -0.7% |
| Mean Commute | 24.40 | 22.20 | +2.20 |
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.