Chatham County, Georgia Housing Market
In Chatham County, Georgia, the median home value is $302,700, with a median monthly rent of $1,471. This places Chatham County at #611 nationally out of 3134 counties by median home value, and #28 within Georgia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,217
- Establishments: 10,853
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,666
- Multi-family: 1,760
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 115,713 (avg $85,225)
- Outflow: 106,782 (avg $85,860)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Chatham County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 31408 | 295.1 | +0.25% | 2025 |
| 2 | 31302 | 317.6 | +5.65% | 2025 |
| 3 | 31407 | 285.8 | -12.74% | 2024 |
| 4 | 31404 | 416.4 | +0.28% | 2025 |
| 5 | 31322 | 290.4 | +3.57% | 2025 |
| 6 | 31410 | 341.7 | +3.83% | 2025 |
| 7 | 31419 | 290.0 | +0.93% | 2025 |
| 8 | 31406 | 313.8 | +1.62% | 2025 |
| 9 | 31401 | 440.7 | +7.16% | 2025 |
| 10 | 31405 | 314.8 | +0.59% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Chatham County Compares
| Metric | Chatham County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $302,700 | $197,932 | $227,706 |
| Median Gross Rent | $1,471 | $965 | $968 |
| Owner Occupancy Rate | 56.8% | 70.6% | 73.3% |
| Price/Rent Ratio | 17.1 | 16.6 | 18.7 |
Market Analysis
The median home value in Chatham County is 52.9% above the Georgia state average and 32.9% above the U.S. national average. The median rent of $1,471/month is 52.4% above the state average.
With a price-to-rent ratio of 17.1, the buy-vs-rent decision in Chatham County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Chatham County has an owner-occupancy rate of 56.8%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Walworth County | Wisconsin | $302,700 | $1,150 |
| Harris County | Georgia | $302,800 | $1,048 |
| Dallas County | Texas | $303,000 | $1,565 |
| Pennington County | South Dakota | $302,200 | $1,120 |
| Duval County | Florida | $303,500 | $1,475 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Harris County | $302,800 | $1,048 | 88.8% |
| Glynn County | $301,300 | $1,135 | 66.7% |
| Columbia County | $305,300 | $1,409 | 78.1% |
| Pike County | $305,600 | $993 | 84.6% |
| Clarke County | $298,900 | $1,219 | 41.4% |
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).