Dooly County, Georgia Housing Market

In Dooly County, Georgia, the median home value is $107,400, with a median monthly rent of $758. This places Dooly County at #2828 nationally out of 3134 counties by median home value, and #130 within Georgia.

Median Home Value $107,400
Median Rent $758/mo
Owner Occupancy 64.7%
Price/Rent Ratio 11.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Dooly County rose +17.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,026
jobs (private sector)
  • Avg weekly wage: $883
  • Establishments: 195
  • BLS QCEW, 2025
🏗️

Housing Supply

22
new units authorized (2025)
  • Single-family: 22
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+142
net migration (filers, 2021-2022)
  • Inflow: 3,165 (avg $49,842)
  • Outflow: 3,023 (avg $50,117)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Dooly County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 31063 237.6 +9.77% 2024

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.

How Dooly County Compares

MetricDooly CountyGeorgia AverageU.S. Average
Median Home Value $107,400 $197,932 $227,706
Median Gross Rent $758 $965 $968
Owner Occupancy Rate 64.7% 70.6% 73.3%
Price/Rent Ratio 11.8 16.6 18.7

Market Analysis

The median home value in Dooly County is 45.7% below the Georgia state average and 52.8% below the U.S. national average. The median rent of $758/month is 21.5% below the state average.

With a price-to-rent ratio of 11.8, buying a home in Dooly 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.

Dooly County has an owner-occupancy rate of 64.7%, 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
Marengo County Alabama $107,400 $716
Wayne County Missouri $107,400 $665
Concho County Texas $107,400 $733
McDonough County Illinois $107,500 $761
Blackford County Indiana $107,500 $699

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Mitchell County $106,000 $797 65.2%
Irwin County $105,600 $865 70.4%
Jefferson County $105,400 $731 68.1%
Ware County $109,500 $789 63.1%
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).