HousingHandbookReference data

U.S. ZIP Code · GA31721

Dougherty County · Albany, GA

Typical home value

$237,803[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.1%
5-year / yr
+6.7%
10-year / yr
+5.2%

Relative price

vs U.S.
-16.3%
vs metro
+60.8%
vs state
-7.0%
ZIP 31721 location in GA
Location of ZIP 31721 in GA

Price history

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

The typical home in 31721 is worth $237,803 — 60.8% above the Albany, GA median. Over the past year, values have risen 0.1%. Homes here rent for a typical $1,116 a month — a 5.6% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
$1,116[2]
Gross yield
5.6%[2]
Cap rate
3.4%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$2,980[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
19,435[3]
Median household income
$77,177[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
2
Elementary
1
Middle
1
High
0
  • Live Oak Elementary School

    Elementary · Grades PK–5 · Dougherty County

    780 students

  • Robert A. Cross Middle Magnet

    Middle · Grades 6–8 · Dougherty County

    507 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 yield5.6%
Net yield (after ~40% expenses)3.4%
Annual rent$13,392

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$1,202
Loan principal$190,242
Down payment$47,561
Total interest paid$242,643

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 ratio1.48
Monthly cost to own$1,648
Monthly rent$1,116

Renting 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
85th percentile[1]
Rental yield
0th percentile[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 31721?
The typical home in 31721 is worth $237,803, based on the Zillow Home Value Index.
Are home values rising in 31721?
Home values in 31721 are up 0.1% over the past year, and up 6.7% a year over five years.
What is the typical rent in 31721?
A typical home in 31721 rents for about $1,116 a month, a gross rental yield of 5.6%.
What is the property tax rate in 31721?
The effective property tax rate in 31721 is 1.3% — roughly $2,980 a year on a typical home.
Who lives in 31721?
ZIP code 31721 has a population of 19,435 and a median household income of $77,177.

#Comparable ZIPs

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

  • Warwick, GA

    Typical home
    $248,657
    Gross yield
  • Leesburg, GA

    Typical home
    $263,118
    Gross yield
    7.7%
  • Sumner, GA

    Typical home
    $196,308
    Gross yield
  • Ty Ty, GA

    Typical home
    $175,167
    Gross yield
  • Sylvester, GA

    Typical home
    $168,778
    Gross yield
  • Doerun, GA

    Typical home
    $167,414
    Gross yield

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