How much is a home worth in ZIP code 31701?

The typical home in 31701 is worth $79,365, based on the Zillow Home Value Index.

Are home values rising in 31701?

Home values in 31701 are down 8.9% over the past year, and up 3.1% a year over five years.

What is the typical rent in 31701?

A typical home in 31701 rents for about $751 a month, a gross rental yield of 11.4%.

What is the property tax rate in 31701?

The effective property tax rate in 31701 is 1.2% — roughly $935 a year on a typical home.

ZIP code 31701 has a population of 16,135 and a median household income of $35,025.

HousingHandbookReference data

…

U.S. ZIP Code · GA31701

Dougherty County · Albany, GA

Typical home value

$79,365^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -8.9%
5-year / yr: +3.1%
10-year / yr: +5.5%

Relative price

vs U.S.: -72.1%
vs metro: -46.3%
vs state: -69.0%

Price history

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

The typical home in 31701 is worth $79,365 — 46.3% below the Albany, GA median. Over the past year, values have fallen 8.9%. Homes here rent for a typical $751 a month — a 11.4% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $751^[2]
Gross yield: 11.4%^[2]
Cap rate: 6.8%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $935^[3]

#Climate risk

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

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

#Who lives here

Population: 16,135^[3]
Median household income: $35,025^[3]

#Migration

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

Net migration: -153^[5]
Moved in: 2,269
Moved out: 2,422

Schools

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

Public schools: 5
Elementary: 4
Middle: 0
High: 1

Monroe High School
High · Grades 9–12 · Dougherty County
1,165 students
Martin Luther King- Jr. Elementary School
Elementary · Grades PK–5 · Dougherty County
450 students
Lincoln Elementary Magnet School
Elementary · Grades PK–5 · Dougherty County
424 students
Lamar Reese School of the Arts
Elementary · Grades PK–5 · Dougherty County
351 students
Northside Elementary School
Elementary · Grades PK–5 · Dougherty County
348 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.

Home value$Monthly rent$

Gross yield11.4%

Net yield (after ~40% expenses)6.8%

Annual rent$9,010

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$401

Loan principal$63,492

Down payment$15,873

Total interest paid$80,980

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.73

Monthly cost to own$545

Monthly rent$751

Owning is meaningfully cheaper month-to-month.

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: 23rd percentile^[1]
Rental yield: 75th percentile^[2]
Property tax: 73rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 31701?: The typical home in 31701 is worth $79,365, based on the Zillow Home Value Index.
Are home values rising in 31701?: Home values in 31701 are down 8.9% over the past year, and up 3.1% a year over five years.
What is the typical rent in 31701?: A typical home in 31701 rents for about $751 a month, a gross rental yield of 11.4%.
What is the property tax rate in 31701?: The effective property tax rate in 31701 is 1.2% — roughly $935 a year on a typical home.
Who lives in 31701?: ZIP code 31701 has a population of 16,135 and a median household income of $35,025.

#Comparable ZIPs

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

31743 vs 31701 →
De Soto, GA
Typical home
$72,089
Gross yield
—
31705 vs 31701 →
Putney CDP, GA
Typical home
$91,189
Gross yield
12.5%
39826
Bronwood, GA
Typical home
$105,976
Gross yield
—
39842
Dawson, GA
Typical home
$114,598
Gross yield
—
31781
Poulan, GA
Typical home
$131,144
Gross yield
—
39877
Webster County, GA
Typical home
$136,242
Gross yield
—

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#Jump to section

U.S. ZIP Code · GA31701

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