HousingHandbookReference data

U.S. ZIP Code · GA31605

Lowndes County · Valdosta, GA

Typical home value

$257,103[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.5%
5-year / yr
+7.2%
10-year / yr
+5.5%

Relative price

vs U.S.
-9.5%
vs metro
+23.0%
vs state
≈ state median
ZIP 31605 location in GA
Location of ZIP 31605 in GA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 31605 is worth $257,103 — 23.0% above the Valdosta, GA median. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,611 a month — a 7.5% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,611[2]
Gross yield
7.5%[2]
Cap rate
4.5%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$2,283[3]

#Climate risk

FEMA National Risk Index ratings for Lowndes County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
24,829[3]
Median household income
$79,156[3]

#Migration

Household moves in and out of Lowndes County over a year, from IRS tax-return data.

Net migration
+111[5]
Moved in
3,987
Moved out
3,876

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
3
Middle
1
High
0
  • Sallas Mahone Elementary

    Elementary · Grades PK–5 · Valdosta City

    1,097 students

  • Dewar Elementary

    Elementary · Grades PK–5 · Lowndes County

    863 students

  • Pine Grove Middle School

    Middle · Grades 6–8 · Lowndes County

    697 students

  • Pine Grove Elementary School

    Elementary · Grades PK–5 · Lowndes County

    645 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.5%
Net yield (after ~40% expenses)4.5%
Annual rent$19,327

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,300
Loan principal$205,683
Down payment$51,421
Total interest paid$262,337

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.06
Monthly cost to own$1,705
Monthly rent$1,611

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
69th percentile[1]
Rental yield
25th percentile[2]
Property tax
67th percentile[3]

Frequently asked

How much is a home worth in ZIP code 31605?
The typical home in 31605 is worth $257,103, based on the Zillow Home Value Index.
Are home values rising in 31605?
Home values in 31605 are up 2.5% over the past year, and up 7.2% a year over five years.
What is the typical rent in 31605?
A typical home in 31605 rents for about $1,611 a month, a gross rental yield of 7.5%.
What is the property tax rate in 31605?
The effective property tax rate in 31605 is 0.9% — roughly $2,283 a year on a typical home.
Who lives in 31605?
ZIP code 31605 has a population of 24,829 and a median household income of $79,156.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Naylor CDP, GA

    Typical home
    $254,807
    Gross yield
  • Echols County, GA

    Typical home
    $263,050
    Gross yield
  • Morven, GA

    Typical home
    $268,347
    Gross yield
  • Echols County, GA

    Typical home
    $230,637
    Gross yield
  • Dixie CDP, GA

    Typical home
    $222,741
    Gross yield
  • Hahira, GA

    Typical home
    $301,084
    Gross yield
    7.7%

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