The story of this market
The typical home in ZIP 31055 sells for about $120,000, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $722 a month.
ZIP 31055 — McRae-Helena
The housing market in 31055 is characterized by low price points and modest year-over-year growth, making it a niche market for income-focused investors. High vacancy rates and a reliance on local rural industries keep the market stable but slow-moving. Current conditions reflect a lack of significant new development, with demand primarily driven by local affordability.
This ZIP is best suited for income-focused investors seeking cash-flow opportunities and local residents looking for affordable housing options in a rural setting.
Median prices moved up 2.1% year over year.
Homes spend a median of 92 days on market with 6.4 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.6% · poverty 34.3% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 31055
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the McRae-Helena area are generally consistent with rural Georgia averages, though specific localized trends are not consistently reported in public databases.
Schools in the area are primarily served by the Telfair County School District, which maintains a modest performance profile typical of rural county systems.
The region is subject to standard regional risks including seasonal severe thunderstorms and occasional tropical weather impacts; flood risk is localized to specific low-lying areas near the Ocmulgee River.
Economic momentum is driven by local agriculture, forestry, and small-scale manufacturing, with limited large-scale industrial development currently reported.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Georgia) — Homestead Exemption: Provides a reduction in the assessed value of the property; the state standard exemption is $2,000, which is subtracted from the assessed value before the millage rate is applied. State (Georgia) — Ad Valorem Property Tax Assessment: Taxable tangible property is assessed at 40 percent of its fair market value. The formula for tax due is: ((Fair Market Value * 0.40) - Exemptions) * Millage Rate.
Commutes are primarily car-dependent, with residents typically traveling to local employment hubs within Telfair or neighboring counties via US-441 and US-319.
Local recreation is centered on outdoor activities, including access to nearby wildlife management areas and community parks, with limited large-scale commercial shopping districts.
The rental market is characterized by steady demand for affordable housing, with vacancy rates currently elevated and a strong focus on long-term residential leases.
The local economy is anchored by agriculture, forestry, and public sector employment, with a focus on small-town commercial services.
Development activity is currently limited to small-scale residential and commercial maintenance projects.
Parcels are subject to Telfair County school and general county tax districts.
Property insurance premiums are influenced by regional weather patterns and the rural nature of the housing stock.
Data retrieved from data.census.gov ZCTA 31055 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features golf, hiking, and water activities nearby.
Community green space for local events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.