Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$231,254−2.0% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$50,131About 0.8× the local median income ($62,732): affordable for a typical household
Days on market66 daysAbout the same pace as a year ago
Next 12 months−1.0%Zillow expects prices to dip slightly
The typical home in Spalding County, GA is worth $231,254, down 2.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $220,267, so the area is 5.0% overvalued. It is a buyer's market: homes take about 66 days to sell, listings are up 7% from a year ago, 20% of listings have had a price cut. Zillow expects prices to fall about 1.0% over the next year. A household needs about $50,131 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,732. Typical rent is $1,340 a month, or $1,654 for a house. In the latest IRS figures, 629 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$231,254
Change in 1 year
−2.0%
Overvalued %
+5.0%
Show 7 more
Fair home value
$220,267
Change in 5 years
+22.3%
Zillow forecast, next 12 months
−1.0%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,253
Income needed to afford it
$50,131
Property tax rate
0.94%
Rent and investing
Typical rent
$1,340
Typical rent for houses
$1,654
Price-to-rent ratio
14.4×
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HUD Fair Market Rent, 2 bedrooms
$1,762
Gross rental yield
6.95%
Cap rate (estimate)
4.52%
Market activity
Listings vs a year ago
+6.9%
Days on market
66
Listings with a price cut
19.9%
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Homes for sale
386
Pending sales per 100 listings
23
Asking price per sq ft
$164
People and jobs
Median household income
$62,732
Population change (1 year)
+0.7%
Unemployment rate
7.3%
Show 4 more
Population
70,775
Income adjusted for cost of living
$62,669
Net moves in (IRS)
+629
Cost of living (US = 100)
100.1
Schools, risk and environment
School rating (1 to 10)
2.7
FEMA hazard risk score (0 to 100)
40.9
Flood risk score
54.1
Show 3 more
Wildfire risk score
37.9
Walkability (1 to 20)
6.3
Road, rail and air noise
53 dB
Questions people ask
Is Spalding County, GA overvalued?
Home prices in Spalding County, GA are slightly above what local incomes have historically supported: fair value is about $220,267, so the area is 5.0% overvalued.
Is Spalding County, GA a buyer's or seller's market?
Spalding County, GA is a buyer's market: homes take about 66 days to sell, listings are up 7% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Spalding County, GA?
Home values in Spalding County, GA are down 2.0% over the last year. Zillow's forecast for the next 12 months is −1.0%.
How much do you need to earn to buy a home in Spalding County, GA?
A household needs about $50,131 a year to afford the typical home in Spalding County, GA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,732.