Pierce County, Georgia Housing Market

In Pierce County, Georgia, the median home value is $153,300, with a median monthly rent of $799. This places Pierce County at #2174 nationally out of 3134 counties by median home value, and #94 within Georgia.

Median Home Value $153,300
Median Rent $799/mo
Owner Occupancy 76.5%
Price/Rent Ratio 16.0

📈 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 Pierce County fell -3.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,774
jobs (private sector)
  • Avg weekly wage: $931
  • Establishments: 430
  • BLS QCEW, 2025
🏗️

Housing Supply

68
new units authorized (2025)
  • Single-family: 68
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+419
net migration (filers, 2021-2022)
  • Inflow: 6,933 (avg $67,766)
  • Outflow: 6,514 (avg $68,272)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 31516 269.7 -5.40% 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 Pierce County Compares

MetricPierce CountyGeorgia AverageU.S. Average
Median Home Value $153,300 $197,932 $227,706
Median Gross Rent $799 $965 $968
Owner Occupancy Rate 76.5% 70.6% 73.3%
Price/Rent Ratio 16.0 16.6 18.7

Market Analysis

The median home value in Pierce County is 22.5% below the Georgia state average and 32.7% below the U.S. national average. The median rent of $799/month is 17.2% below the state average.

With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Pierce County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Pierce County has an owner-occupancy rate of 76.5%, 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

CountyStateMedian Home ValueMedian Rent
Dickinson County Michigan $153,300 $797
Greene County Indiana $153,200 $797
Muskogee County Oklahoma $153,200 $849
Crawford County Pennsylvania $153,200 $802
Patrick County Virginia $153,400 $716

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Marion County $154,100 $710 78.9%
Grady County $152,400 $779 66.1%
Laurens County $154,500 $863 64.3%
Burke County $151,600 $758 70.0%
Bleckley County $149,600 $799 72.9%

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).