Grady County, Georgia Housing Market
In Grady County, Georgia, the median home value is $152,400, with a median monthly rent of $779. This places Grady County at #2188 nationally out of 3134 counties by median home value, and #95 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: $873
- Establishments: 500
- BLS QCEW, 2025
Housing Supply
- Single-family: 55
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 8,394 (avg $55,983)
- Outflow: 7,969 (avg $56,256)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Grady County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 39827 | 188.6 | — | 2025 |
| 2 | 31792 | 272.7 | +4.72% | 2025 |
| 3 | 39828 | 222.5 | +3.42% | 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 Grady County Compares
| Metric | Grady County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $152,400 | $197,932 | $227,706 |
| Median Gross Rent | $779 | $965 | $968 |
| Owner Occupancy Rate | 66.1% | 70.6% | 73.3% |
| Price/Rent Ratio | 16.3 | 16.6 | 18.7 |
Market Analysis
The median home value in Grady County is 23.0% below the Georgia state average and 33.1% below the U.S. national average. The median rent of $779/month is 19.3% below the state average.
With a price-to-rent ratio of 16.3, the buy-vs-rent decision in Grady County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Grady County has an owner-occupancy rate of 66.1%, 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 |
|---|---|---|---|
| Haywood County | Tennessee | $152,400 | $762 |
| Pocahontas County | West Virginia | $152,400 | $715 |
| Bay County | Michigan | $152,200 | $860 |
| Cherry County | Nebraska | $152,200 | $916 |
| Sierra County | New Mexico | $152,600 | $729 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Burke County | $151,600 | $758 | 70.0% |
| Pierce County | $153,300 | $799 | 76.5% |
| Marion County | $154,100 | $710 | 78.9% |
| Laurens County | $154,500 | $863 | 64.3% |
| Bleckley County | $149,600 | $799 | 72.9% |
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).