Richmond County, Georgia Housing Market
In Richmond County, Georgia, the median home value is $178,500, with a median monthly rent of $1,141. This places Richmond County at #1659 nationally out of 3134 counties by median home value, and #77 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: $1,072
- Establishments: 4,984
- BLS QCEW, 2025
Housing Supply
- Single-family: 534
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 76,245 (avg $55,551)
- Outflow: 71,848 (avg $56,341)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Richmond County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 30906 | 220.4 | +4.56% | 2025 |
| 2 | 30904 | 244.4 | +3.22% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Richmond County Compares
| Metric | Richmond County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $178,500 | $197,932 | $227,706 |
| Median Gross Rent | $1,141 | $965 | $968 |
| Owner Occupancy Rate | 51.2% | 70.6% | 73.3% |
| Price/Rent Ratio | 13.0 | 16.6 | 18.7 |
Market Analysis
The median home value in Richmond County is 9.8% below the Georgia state average and 21.6% below the U.S. national average. The median rent of $1,141/month is 18.2% above the state average.
With a price-to-rent ratio of 13.0, buying a home in Richmond 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.
Richmond County has an owner-occupancy rate of 51.2%, 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 |
|---|---|---|---|
| Wayne County | Michigan | $178,500 | $1,132 |
| Pickett County | Tennessee | $178,500 | $564 |
| Adams County | Indiana | $178,400 | $833 |
| Clay County | Iowa | $178,600 | $811 |
| Johnson County | Tennessee | $178,600 | $674 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Franklin County | $179,000 | $844 | 77.2% |
| Murray County | $180,700 | $857 | 73.8% |
| Stephens County | $175,300 | $820 | 73.6% |
| Baldwin County | $181,900 | $923 | 61.1% |
| Bibb County | $174,500 | $1,066 | 51.4% |
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).