Mitchell County, Georgia Housing Market Prices
Mitchell County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 82% below the Georgia median Cheaper than 92% of counties in Georgia$45,000
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Median rent 43% below the Georgia median$796
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Mitchell County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $45,000 | $256,986 | $248,835 |
| Price Trend (Annual %) | -4.2% | 8.9% | 7.5% |
| Median Gross Rent | $796 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mitchell County is about 82% lower than in Georgia. Rent is about 43% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Mitchell County: home prices fell about 4.2% a year while rent rose about 4.1% a year. That is an unusual pattern worth watching.
Median rent in Mitchell County rose about 35.4% between 2015 and 2024, from $588 to $796. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Mitchell County.
Buying the median-priced home in Mitchell County costs roughly 4.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mitchell County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Mitchell County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $45,000 | $256,986 | $248,835 |
| Median Household Income | $57,339 | $77,523 | $80,455 |
| Price-to-Income Ratio | 0.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mitchell County fell about 30.8%, while median household income rose about 31.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Mitchell County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.4% | 58.9% | 58.5% |
| Rental Rate | 30.1% | 30.8% | 31.2% |
| Vacancy Rate | 13.5% | 10.3% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Mitchell County has a homeownership rate of 56.4%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 13.5%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Mitchell County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1980 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Mitchell County was built around 1980. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 19.0 years on average.
Mitchell County, GA Housing Compared With Nearby Counties
Mitchell County, GA is the smallest of the 4 counties compared here, 21,058 residents against a local median of 46,224. Where Mitchell County, GA breaks from the counties next to it is median home price, sitting 47% below the local median of $84,558 at $45,000.
The counties themselves spread $225,037 on median home price, so Mitchell County, GA sits at one end of an already wide local range rather than apart from it. Mitchell County, GA has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Mitchell County, GA | 21,058 | $45,000 #3/4 | $796 #4/4 | 65.2% #1/4 |
| Dougherty County, GA | 83,091 | $26,525 | $935 | 45.3% |
| Colquitt County, GA | 46,224 | $84,558 | $818 | 63.7% |
| Thomas County, GA | 45,777 | $251,563 | $1,018 | 63.8% |
Frequently Asked Questions
Common questions about the housing market in Mitchell County, Georgia.
What is the median home price in Mitchell County, Georgia?
The median home price in Mitchell County, Georgia is $45,000, lower than the Georgia average of $256,986.
What is the average home price in Mitchell County, Georgia?
The typical home price in Mitchell County, Georgia, reported as the median sale price, is $45,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Mitchell County, Georgia?
The median gross rent in Mitchell County, Georgia is $796 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Mitchell County in 2020?
In 2020, the median gross rent in Mitchell County, Georgia was $664 per month.
What is the price-to-rent ratio in Mitchell County, Georgia?
The price-to-rent ratio in Mitchell County, Georgia is about 4.7, meaning it would take roughly 4.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mitchell County.
Are home prices or rent rising faster in Mitchell County, Georgia?
Home prices and rent are moving in opposite directions in Mitchell County: home prices fell about 4.2% a year while rent rose about 4.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Mitchell County, Georgia?
56.4% of households in Mitchell County, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Mitchell County, Georgia?
The housing vacancy rate in Mitchell County, Georgia is 13.5%, higher than the Georgia average of 10.3%.
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