Monroe County, Georgia Housing Market
In Monroe County, Georgia, the median home value is $271,200, with a median monthly rent of $943. This places Monroe County at #776 nationally out of 3134 counties by median home value, and #39 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: $1,088
- Establishments: 678
- BLS QCEW, 2025
Housing Supply
- Single-family: 258
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,780 (avg $93,297)
- Outflow: 9,909 (avg $92,729)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Monroe County Compares
| Metric | Monroe County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $271,200 | $197,932 | $227,706 |
| Median Gross Rent | $943 | $965 | $968 |
| Owner Occupancy Rate | 83.8% | 70.6% | 73.3% |
| Price/Rent Ratio | 24.0 | 16.6 | 18.7 |
Market Analysis
The median home value in Monroe County is 37.0% above the Georgia state average and 19.1% above the U.S. national average. The median rent of $943/month is 2.3% below the state average.
With a price-to-rent ratio of 24.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Monroe County has an owner-occupancy rate of 83.8%, 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 |
|---|---|---|---|
| Columbia County | Washington | $271,200 | $985 |
| Orange County | Vermont | $271,300 | $1,173 |
| Benton County | Minnesota | $271,000 | $982 |
| Greene County | New York | $271,600 | $1,004 |
| Grundy County | Illinois | $271,700 | $1,177 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Effingham County | $276,000 | $1,147 | 78.4% |
| Newton County | $265,000 | $1,439 | 73.8% |
| Banks County | $278,100 | $827 | 78.7% |
| White County | $278,900 | $1,032 | 78.8% |
| Camden County | $261,400 | $1,235 | 67.8% |
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).