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Thomasville, GA—31792

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$209,000
3.6% YoY Growth
Household Income
$49,000
42.2% YoY Growth
Days on Market
74
12.0% Longer YoY
Home Price Forecast
1.4%
Median Rent
$1,400
74.7% YoY Growth
1-Bed Rent
$933
30.8% YoY Growth
2-Bed Rent
$1,400
66.9% YoY Growth
3-Bed Rent
$1,800
70.5% YoY Growth

Other Zip Codes in Thomasville, GA

31757
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Thomasville, GA

As of May '26, the median home price in Thomasville, GA is $209,000, with a year-over-year change of 3.6%. This indicates that home prices in Thomasville, GA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$209,0003.6%
Single Family $209,0004.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$153,0003.4%
    3 Bed
    		$243,0004.7%
    4 Bed
    		$404,0003.3%
    5 Bed $662,2722.4%
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    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    8.2%
    2 Bedrooms
    27.5%
    3 Bedrooms
    45.6%
    4 Bedrooms
    12.3%
    5+ Bedrooms
    3.9%

    Rental Trends — Thomasville, GA

    As of July '25, Rentcast reports the average rent in Thomasville, GA is $1,490, with a year-over-year rent change of 74.7%. Per bedroom, the median rent as of July '25 in Thomasville, GA is studios: $975, 1-bedrooms: $942, 2-bedrooms: $1,440, 3-bedrooms: $1,630, 4-bedrooms: $2,050. The most common rental property sizes in Thomasville, GA are 2-bedroom and 3-bedroom, accounting for 38.1% and 36.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,490
    Studio Rent $975$975
    1 Bed Rent $933$942
    2 Bed Rent $1,400$1,440
    3 Bed Rent $1,800$1,630
    4 Bed Rent $2,000$2,050
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    % of Rental Stock

    Studio
    4.6%
    1 Bedroom
    16.5%
    2 Bedrooms
    38.1%
    3 Bedrooms
    36.2%
    4 Bedrooms
    3.0%
    5+ Bedrooms
    1.6%

    Property Listings — Thomasville, GA

    As of May '26, Realtor.com reports that the median days on market for a home in Thomasville, GA is 74. This is a increase of 12.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$294,0006.0%
    Listing Count
    		1547.0%
    Listings as % of Homes0.7%7.0%
    Days on Market
    		7412.0%
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    Demographics — Thomasville, GA

    As of the latest ACS Survey released in 2023, Thomasville, GA has a population of 22,500, which has decreased by -6.3% over the past 5 years. Thomasville, GA is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 25.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		22,500-6.3%
    % Under 18
    		23.2%-2.5%
    % Seniors
    		20.2%14.1%
    % WFH
    		6.1%177.3%
    % w/ College Degree
    		25.1%-2.0%
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    As of the latest ACS Survey released in 2023, Thomasville, GA is a predominantly black area, with 48.6% of the population identifying as black. The black population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Thomasville, GA is white, making up 47.1% of the population. Foreign-born residents account for 2.2% of the population in Thomasville, GA, and this percentage has increased by 15.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		47.1%-1.7%
    % Black
    		48.6%5.0%
    % Hispanic
    		1.9%-36.7%
    % Asian
    		0.3%50.0%
    % Foreign Born
    		2.2%15.8%
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    Mortgage and Risk — Thomasville, GA

    According to HUD data as of 2023, there were 298 mortgage originations in Thomasville, GA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Thomasville, GA. Investor activity is low, as 12.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		298
    % Conventional Loans
    		73.0%
    % Government Loans
    		27.0%
    % Investor Loans
    		12.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		17.0%
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    Rentals and Section 8 — Thomasville, GA

    Thomasville, GA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		667
    Total Units Section 8
    		384
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		85.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$117$933$1,050
    2 Bedroom-$230$1,400$1,170
    3 Bedroom-$290$1,800$1,510
    4 Bedroom-$450$2,000$1,550

    Affordability — Thomasville, GA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$209,000
    Median Household Income$49,000

    Thomasville, GA — ZIP Code Boundary Map

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    Frequently Asked Questions