Shellman, GA 39886 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Shellman, GA—39886

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$125,000

1.5% YoY Growth

Household Income

$38,900

21.2% YoY Growth

Days on Market

6

61.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Shellman, GA

Shellman, GA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$125,000	1.5%
Single Family	$125,000	4.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Shellman, GA

Shellman, GA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

26.3%

2 Bedrooms

23.4%

3 Bedrooms

35.7%

4 Bedrooms

14.6%

Property Listings — Shellman, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Shellman, GA is 215. This is a increase of 49.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$116,000	-42.0%
Listing Count	2	-33.0%
Listings as % of Homes	0.3%	-33.0%
Days on Market	6	61.0%

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Demographics — Shellman, GA

As of the latest ACS Survey released in 2023, Shellman, GA has a population of 1,300, which has decreased by -26.9% over the past 5 years. Shellman, GA is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,300	-26.9%
% Under 18	26.4%	12.8%
% Seniors	16.4%	-26.5%
% WFH	10.7%	-18.9%
% w/ College Degree	15.9%	40.7%

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As of the latest ACS Survey released in 2023, Shellman, GA is a predominantly black area, with 52.3% of the population identifying as black. The black population has grown by 28.8% in the last 5 years. The second most common race or ethnicity in Shellman, GA is white, making up 40.4% of the population. Foreign-born residents account for 0.2% of the population in Shellman, GA, and this percentage has decreased by 84.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	40.4%	-17.2%
% Black	52.3%	28.8%
% Hispanic	5.2%	18.2%
% Asian	0.0%	N/A
% Foreign Born	0.2%	-84.6%

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Mortgage and Risk — Shellman, GA

According to HUD data as of 2023, there were 17 mortgage originations in Shellman, GA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Shellman, GA. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	17
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	6.0%
% Second Loans	6.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Shellman, GA

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

Section 8 Market Size

Total Units under HUD	20
Total Units Section 8	0
% Rentals under Section 8	1.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$780
2 Bedroom	N/A	N/A	$940
3 Bedroom	N/A	N/A	$1,200
4 Bedroom	N/A	N/A	$1,460

Shellman, GA—39886

Key Metrics at a Glance

Home Price Trends — Shellman, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shellman, GA

% of Rental Stock

Property Listings — Shellman, GA

Demographics — Shellman, GA

Race and Ethnicity

Mortgage and Risk — Shellman, GA

Mortgages

Rentals and Section 8 — Shellman, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Shellman, GA

Home Price to Income Ratio

Shellman, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Dawson, GA

Parrott, GA

Albany, GA

Bronwood, GA

Arlington, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$125,000
Median Household Income	$38,900

Shellman, GA—39886

Key Metrics at a Glance

Home Price Trends — Shellman, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shellman, GA

% of Rental Stock

Property Listings — Shellman, GA

Demographics — Shellman, GA

Race and Ethnicity

Mortgage and Risk — Shellman, GA

Mortgages

Rentals and Section 8 — Shellman, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Shellman, GA

Home Price to Income Ratio

Shellman, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Dawson, GA

Parrott, GA

Albany, GA

Bronwood, GA

Arlington, GA

Frequently Asked Questions

What is the average home price in Shellman, GA 39886?

How have home prices in Shellman, GA 39886 changed over the past year?

What is the home price projection for Shellman, GA 39886?

What are the demographics of Shellman, GA 39886?

How long does it take homes to sell in Shellman, GA 39886?

What is the average rent price in Shellman, GA 39886?