Hancock County, Georgia Housing Market
In Hancock County, Georgia, the median home value is $88,600, with a median monthly rent of $938. This places Hancock County at #3031 nationally out of 3134 counties by median home value, and #147 within Georgia.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $934
- Establishments: 79
- BLS QCEW, 2025
Housing Supply
- Single-family: 24
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,738 (avg $45,727)
- Outflow: 2,576 (avg $43,730)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hancock County Compares
| Metric | Hancock County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $88,600 | $197,932 | $227,706 |
| Median Gross Rent | $938 | $965 | $968 |
| Owner Occupancy Rate | 79.3% | 70.6% | 73.3% |
| Price/Rent Ratio | 7.9 | 16.6 | 18.7 |
Market Analysis
The median home value in Hancock County is 55.2% below the Georgia state average and 61.1% below the U.S. national average. The median rent of $938/month is 2.8% below the state average.
With a price-to-rent ratio of 7.9, buying a home in Hancock 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.
Hancock County has an owner-occupancy rate of 79.3%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Monroe County | Arkansas | $88,700 | $614 |
| Greenwood County | Kansas | $88,700 | $715 |
| Cameron County | Pennsylvania | $88,900 | $689 |
| Wheeler County | Georgia | $88,200 | $581 |
| Franklin County | Illinois | $89,000 | $803 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wheeler County | $88,200 | $581 | 65.6% |
| Taylor County | $87,700 | $630 | 62.9% |
| Wilcox County | $87,600 | $610 | 74.7% |
| Randolph County | $90,200 | $606 | 51.5% |
| Wilkinson County | $86,300 | $825 | 80.5% |
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).