Macon, GA—31211
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Macon, GA
As of Oct '25, the median home price in Macon, GA is $167,000, with a year-over-year change of -5.1%. This indicates that home prices in Macon, GA are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $167,000 | -5.1% |
| Single Family | $167,000 | -4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $87,000 | -7.4% |
3 Bed | $151,000 | -4.4% |
4 Bed | $250,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Macon, GA
As of July '25, Rentcast reports the average rent in Macon, GA is $1,010, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Macon, GA is 1-bedrooms: $782, 2-bedrooms: $853, 3-bedrooms: $1,300, 4-bedrooms: $1,560. The most common rental property sizes in Macon, GA are 2-bedroom and 3-bedroom, accounting for 33.4% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $1,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $782 |
| 2 Bed Rent | $825 | $853 |
| 3 Bed Rent | $1,280 | $1,300 |
| 4 Bed Rent | $1,420 | $1,560 |
% of Rental Stock
Property Listings — Macon, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Macon, GA is 83. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | 17.0% |
Listing Count | 84 | 21.0% |
| Listings as % of Homes | 0.7% | 21.0% |
Days on Market | 83 | 45.0% |
Demographics — Macon, GA
As of the latest ACS Survey released in 2023, Macon, GA has a population of 15,500, which has remained stable by -0.2% over the past 5 years. Macon, GA is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | -0.2% |
% Under 18 | 24.5% | 4.3% |
% Seniors | 17.9% | -1.6% |
% WFH | 10.6% | 194.4% |
% w/ College Degree | 26.7% | 16.1% |
As of the latest ACS Survey released in 2023, Macon, GA is a predominantly black area, with 59.9% of the population identifying as black. The black population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Macon, GA is white, making up 33.6% of the population. Foreign-born residents account for 2.2% of the population in Macon, GA, and this percentage has increased by 69.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.6% | -13.4% |
% Black | 59.9% | 2.7% |
% Hispanic | 2.2% | 83.3% |
% Asian | 0.5% | -37.5% |
% Foreign Born | 2.2% | 69.2% |
Mortgage and Risk — Macon, GA
According to HUD data as of 2023, there were 211 mortgage originations in Macon, GA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Macon, GA. Investor activity is low, as 6.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 211 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Macon, GA
As of 2024, the percent of homes in Macon, GA under the Section 8 program is 18.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Macon, GA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 494 |
Total Units Section 8 | 494 |
% Rentals under Section 8 | 18.5% |
% Occupied Section 8 | 89.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $875 | $980 |
| 2 Bedroom | $305 | $825 | $1,130 |
| 3 Bedroom | $80 | $1,280 | $1,360 |
| 4 Bedroom | $80 | $1,420 | $1,500 |
Affordability — Macon, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $167,000 |
| Median Household Income | $51,600 |