Spalding County, Georgia Housing Market
In Spalding County, Georgia, the median home value is $228,700, with a median monthly rent of $1,113. This places Spalding County at #1094 nationally out of 3134 counties by median home value, and #50 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: $988
- Establishments: 1,402
- BLS QCEW, 2025
Housing Supply
- Single-family: 317
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 25,967 (avg $59,047)
- Outflow: 24,161 (avg $59,233)
- IRS Statistics of Income
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| Metric | Spalding County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $228,700 | $197,932 | $227,706 |
| Median Gross Rent | $1,113 | $965 | $968 |
| Owner Occupancy Rate | 62.7% | 70.6% | 73.3% |
| Price/Rent Ratio | 17.1 | 16.6 | 18.7 |
Market Analysis
The median home value in Spalding County is 15.5% above the Georgia state average and about equal to the U.S. national average. The median rent of $1,113/month is 15.3% above the state average.
With a price-to-rent ratio of 17.1, the buy-vs-rent decision in Spalding County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Spalding County has an owner-occupancy rate of 62.7%, 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 |
|---|---|---|---|
| Webster County | Missouri | $228,800 | $789 |
| Plymouth County | Iowa | $228,900 | $910 |
| Monroe County | Michigan | $228,900 | $1,059 |
| Gosper County | Nebraska | $228,500 | $664 |
| Washington County | Pennsylvania | $228,500 | $949 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Haralson County | $227,500 | $923 | 71.6% |
| Oglethorpe County | $231,600 | $913 | 83.8% |
| Lee County | $231,800 | $1,184 | 74.2% |
| Gordon County | $222,900 | $937 | 73.9% |
| Bulloch County | $222,500 | $995 | 53.1% |
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).