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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 +3.9% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +26.7% YoY, is the number to watch.
The median listing price is up 3.9% YoY while the median home got down 3.2% bigger, so value per square foot is up 11.3%.
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 $92K purchase rents for $700/mo: 0.76% of price per month against the 1% rule's 1.00%.
Not shown: 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 27 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented).
Not shown: Condo (no rent per sq ft reported).
U.S. Census ACS characteristics for ZIP 31701 itself, not its parent county.
Renters hold 66.9% of this ZIP's 7,282 occupied households, on a median household income of $35K.
| Measure | ZIP 31701 | Dougherty County | Difference |
|---|---|---|---|
| Median Household Income | $35K | $49K | -$14K |
| Below Poverty Level | 34.4% | 25.0% | +9.4% |
| Median Age | 37.90 | 36.60 | +1.30 |
| Total Population | 16,135 | 83,091 | -- |
| Avg Household Size | 2.13 | 2.30 | -0.17 |
| Owner-Occupied | 33.1% | 45.3% | -12.2% |
| Worked From Home | 10.3% | 9.1% | +1.2% |
| Mean Commute | 18.60 | 20.00 | -1.40 |
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 down 1.0% to 83,091: residents under 18 are down 1.2% and those 65 and over are up 1.3%.
County median household income is $49K, 25.0% of residents are below the poverty level, 9.1% work from home.