Mitchell County, Georgia Housing Market
In Mitchell County, Georgia, the median home value is $106,000, with a median monthly rent of $797. This places Mitchell County at #2841 nationally out of 3134 counties by median home value, and #131 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: $924
- Establishments: 432
- BLS QCEW, 2025
Housing Supply
- Single-family: 18
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,982 (avg $46,697)
- Outflow: 6,606 (avg $47,210)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Mitchell County Compares
| Metric | Mitchell County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $106,000 | $197,932 | $227,706 |
| Median Gross Rent | $797 | $965 | $968 |
| Owner Occupancy Rate | 65.2% | 70.6% | 73.3% |
| Price/Rent Ratio | 11.1 | 16.6 | 18.7 |
Market Analysis
The median home value in Mitchell County is 46.4% below the Georgia state average and 53.4% below the U.S. national average. The median rent of $797/month is 17.4% below the state average.
With a price-to-rent ratio of 11.1, buying a home in Mitchell 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.
Mitchell County has an owner-occupancy rate of 65.2%, 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 |
|---|---|---|---|
| Barnwell County | South Carolina | $106,000 | $740 |
| Wheeler County | Texas | $106,100 | $970 |
| Halifax County | North Carolina | $106,200 | $813 |
| Fayette County | West Virginia | $105,800 | $788 |
| Hempstead County | Arkansas | $105,700 | $815 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Irwin County | $105,600 | $865 | 70.4% |
| Jefferson County | $105,400 | $731 | 68.1% |
| Worth County | $104,900 | $864 | 73.7% |
| Dooly County | $107,400 | $758 | 64.7% |
| Quitman County | $104,600 | $918 | 84.3% |
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).