Muscogee County, Georgia Housing Market

In Muscogee County, Georgia, the median home value is $193,900, with a median monthly rent of $1,106. This places Muscogee County at #1466 nationally out of 3134 counties by median home value, and #70 within Georgia.

Median Home Value $193,900
Median Rent $1,106/mo
Owner Occupancy 50.8%
Price/Rent Ratio 14.6

📈 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 Muscogee County rose +5.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

71,307
jobs (private sector)
  • Avg weekly wage: $1,088
  • Establishments: 5,166
  • BLS QCEW, 2025
🏗️

Housing Supply

260
new units authorized (2025)
  • Single-family: 230
  • Multi-family: 30
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3821
net migration (filers, 2021-2022)
  • Inflow: 73,910 (avg $71,969)
  • Outflow: 70,089 (avg $73,521)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Muscogee County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 31901 245.8 +28.27% 2025
2 31904 198.3 +1.50% 2025
3 31907 185.4 +3.02% 2025
4 31909 211.2 +6.35% 2025
5 31906 179.6 +1.74% 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.

How Muscogee County Compares

MetricMuscogee CountyGeorgia AverageU.S. Average
Median Home Value $193,900 $197,932 $227,706
Median Gross Rent $1,106 $965 $968
Owner Occupancy Rate 50.8% 70.6% 73.3%
Price/Rent Ratio 14.6 16.6 18.7

Market Analysis

The median home value in Muscogee County is 2.0% below the Georgia state average and 14.8% below the U.S. national average. The median rent of $1,106/month is 14.6% above the state average.

With a price-to-rent ratio of 14.6, buying a home in Muscogee 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.

Muscogee County has an owner-occupancy rate of 50.8%, 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
Iowa County Iowa $193,900 $686
Lafourche Parish Louisiana $193,900 $928
San Juan County New Mexico $193,800 $956
Shawano County Wisconsin $194,000 $821
DeKalb County Indiana $194,100 $861

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Jones County $194,500 $964 83.6%
Thomas County $196,700 $1,018 63.8%
Walker County $197,100 $940 77.2%
Dade County $198,500 $829 80.0%
Polk County $187,600 $918 66.0%

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).