The story of this market
The typical home in ZIP 31631 sells for about $250,000, or $154 per square foot.
Prices are down 7.7% from a year ago, which gives buyers more room to negotiate. Homes take about 170 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 31631 — Fargo
The housing market in 31631 is characterized by low transaction volume and a high inventory-to-sales ratio, reflecting a quiet rural market. Prices remain stable but sensitive to regional economic shifts, with limited new development activity. Buyers are primarily local residents looking for affordable housing options.
This area is best suited for budget-conscious families and individuals seeking a quiet, rural lifestyle with proximity to the amenities of larger neighboring cities like Valdosta.
Median prices moved down 7.7% year over year.
Homes spend a median of 170 days on market with 90.0 months of supply — a slower-moving market.
100% of listings have cut prices · homes sell at 97.7% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.7% · poverty 21.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 31631, Lanier County GA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Economic momentum is driven by local agricultural and small-town service sectors with limited large-scale industrial development.
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.
Residents primarily rely on personal vehicles for commutes to nearby employment hubs like Valdosta, with limited public transit options available.
The area features access to local parks and outdoor recreation opportunities centered around regional natural landmarks and community spaces.
The rental market is characterized by limited inventory and lower-cost housing options, primarily serving local workers and families.
The local economy is primarily supported by agriculture, local government, and small-scale retail services.
Transportation is heavily dependent on regional highway corridors connecting the area to Valdosta and other parts of South Georgia.
The Lanier County Tax Assessor manages property valuations for tax purposes, adhering to state-mandated assessment cycles.
Parcels are subject to Lanier County school district taxes and local municipal service levies where applicable.
Property insurance premiums are influenced by regional weather patterns, including potential wind and storm risks common to South Georgia.
Data retrieved from US Census Bureau and Data Commons.
- Suwannee River Eco-Lodge4.73.5 mi
- Suwannee River Eco-Lodge4.73.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing outdoor space and recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.