Bacon County, Georgia Housing Market

In Bacon County, Georgia, the median home value is $101,400, with a median monthly rent of $743. This places Bacon County at #2901 nationally out of 3134 counties by median home value, and #137 within Georgia.

Median Home Value $101,400
Median Rent $743/mo
Owner Occupancy 68.6%
Price/Rent Ratio 11.4

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

3,051
jobs (private sector)
  • Avg weekly wage: $985
  • Establishments: 265
  • BLS QCEW, 2025
🏗️

Housing Supply

14
new units authorized (2025)
  • Single-family: 14
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
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Migration Patterns

+194
net migration (filers, 2021-2022)
  • Inflow: 3,626 (avg $62,993)
  • Outflow: 3,432 (avg $64,396)
  • IRS Statistics of Income

How Bacon County Compares

MetricBacon CountyGeorgia AverageU.S. Average
Median Home Value $101,400 $197,932 $227,706
Median Gross Rent $743 $965 $968
Owner Occupancy Rate 68.6% 70.6% 73.3%
Price/Rent Ratio 11.4 16.6 18.7

Market Analysis

The median home value in Bacon County is 48.8% below the Georgia state average and 55.5% below the U.S. national average. The median rent of $743/month is 23.0% below the state average.

With a price-to-rent ratio of 11.4, buying a home in Bacon County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Bacon County has an owner-occupancy rate of 68.6%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Pike County Illinois $101,400 $676
Knox County Missouri $101,400 $666
Norton County Kansas $101,500 $609
Alfalfa County Oklahoma $101,500 $705
Shelby County Texas $101,500 $781

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Treutlen County $100,100 $733 65.3%
Chattahoochee County $102,700 $1,348 39.3%
Brantley County $99,600 $755 79.9%
Quitman County $104,600 $918 84.3%
Worth County $104,900 $864 73.7%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).