Riceboro, GA—31323
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riceboro, GA
As of Oct '25, the median home price in Riceboro, GA is $176,000, with a year-over-year change of -5.3%. This indicates that home prices in Riceboro, GA are decreasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $176,000 | -5.4% |
| Single Family | $176,000 | -3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $200,000 | 0.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Riceboro, GA
As of July '25, Rentcast reports the average rent in Riceboro, GA is $1,680, with a year-over-year rent change of -16.0%. Per bedroom, the median rent as of July '25 in Riceboro, GA is 3-bedrooms: $1,680. The most common rental property sizes in Riceboro, GA are 3-bedroom and 5+ bedroom, accounting for 69.5% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,880 | $1,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,880 | $1,680 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Riceboro, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Riceboro, GA is 66. This is a increase of 127.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $452,000 | 21.0% |
Listing Count | 9 | 575.0% |
| Listings as % of Homes | 0.1% | 575.0% |
Days on Market | 66 | 127.0% |
Demographics — Riceboro, GA
As of the latest ACS Survey released in 2023, Riceboro, GA has a population of 1,460, which has increased by 20.4% over the past 5 years. Riceboro, GA is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 8.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 20.4% |
% Under 18 | 23.1% | 40.9% |
% Seniors | 30.2% | 3.1% |
% WFH | 13.9% | 247.5% |
% w/ College Degree | 8.2% | -30.5% |
As of the latest ACS Survey released in 2023, Riceboro, GA is a predominantly black area, with 85.0% of the population identifying as black. The black population has grown by 15.0% in the last 5 years. The second most common race or ethnicity in Riceboro, GA is white, making up 12.3% of the population. Foreign-born residents account for 1.0% of the population in Riceboro, GA, and this percentage has increased by 100.0% 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 | 12.3% | -42.8% |
% Black | 85.0% | 15.0% |
% Hispanic | 1.5% | -6.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | 100.0% |
Mortgage and Risk — Riceboro, GA
According to HUD data as of 2023, there were 24 mortgage originations in Riceboro, GA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Riceboro, GA. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Riceboro, GA
Riceboro, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | -$360 | $1,880 | $1,520 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — Riceboro, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $176,000 |
| Median Household Income | $46,100 |