Irwin County, Georgia Housing Market

In Irwin County, Georgia, the median home value is $105,600, with a median monthly rent of $865. This places Irwin County at #2846 nationally out of 3134 counties by median home value, and #132 within Georgia.

Median Home Value $105,600
Median Rent $865/mo
Owner Occupancy 70.4%
Price/Rent Ratio 10.2

📈 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 Irwin County rose +4.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,372
jobs (private sector)
  • Avg weekly wage: $881
  • Establishments: 142
  • BLS QCEW, 2025
🏗️

Housing Supply

10
new units authorized (2025)
  • Single-family: 10
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+171
net migration (filers, 2021-2022)
  • Inflow: 3,091 (avg $75,184)
  • Outflow: 2,920 (avg $77,253)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 31774 233.6 — 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.

📝 Editor's Insight

None

Analyzed on 2026-10-13 using U.S. Census ACS 2024 data and AI reasoning.

How Irwin County Compares

MetricIrwin CountyGeorgia AverageU.S. Average
Median Home Value $105,600 $197,932 $227,706
Median Gross Rent $865 $965 $968
Owner Occupancy Rate 70.4% 70.6% 73.3%
Price/Rent Ratio 10.2 16.6 18.7

Market Analysis

The median home value in Irwin County is 46.6% below the Georgia state average and 53.6% below the U.S. national average. The median rent of $865/month is 10.4% below the state average.

With a price-to-rent ratio of 10.2, buying a home in Irwin 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.

Irwin County has an owner-occupancy rate of 70.4%, 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
Hempstead County Arkansas $105,700 $815
Grant County Oklahoma $105,700 $853
Jefferson County Georgia $105,400 $731
Terry County Texas $105,400 $817
Fayette County West Virginia $105,800 $788

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Jefferson County $105,400 $731 68.1%
Mitchell County $106,000 $797 65.2%
Worth County $104,900 $864 73.7%
Quitman County $104,600 $918 84.3%
Dooly County $107,400 $758 64.7%

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).