The story of this market
The typical home in ZIP 31549 sells for about $107,000.
Prices are roughly flat from a year ago (0%), a market in balance. HUD's fair market rent for a two-bedroom is $659 a month.
ZIP 31549 — Lumber City
The housing market in 31549 is characterized by high vacancy rates and low median household incomes, indicating a challenging economic environment. While home prices appear affordable at a median of $107,000, the high vacancy rate suggests limited demand and potential risks for property owners.
This ZIP is primarily suited for budget-conscious buyers or those seeking a quiet, rural lifestyle, though the high vacancy rate and lower income levels warrant caution for investors.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.3% · poverty 19.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 31549
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
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.
The area exhibits high vacancy rates at 37.4%, suggesting a challenging environment for landlords and limited rental-market depth.
The local economy is characterized by lower household incomes and limited industrial momentum, with tenant affordability identified as a significant constraint.
Data sourced from Repit.org and US Zip Codes
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.