Real Estate Investing in Macon, Georgia (31220)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Bibb County • Population: 16,202 • Data updated: September 2026

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Should you buy in 31220 (Macon, GA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.2% vacancy may signal weakening demand.

What’s happening in Macon, GA (31220)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $252,556
Avg Monthly Rent $1,323
1% Rule ✗ Does Not Meet
Median Income $86,141
% Renters 37.0%

Market Analysis: 31220 Macon

The 31220 ZIP in Macon, GA is a local-operator market. Outside capital chasing a $253K entry has to pair deep knowledge with the discount.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 31220 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Regionally, 31220 sits on the difficult end of the GA spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.

The demographic picture in 31220 includes headwinds that any investor should price in. Income distribution skews lower than Macon averages, and tenant stability requires active management.

Distressed ZIPs reward experience. substantial returns are possible in 31220, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Macon:

B+ Great
Buy Confidence Score: 78/100
Affordability
20/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.9× the median income
Value Trend
Rising (+3.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,323/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This area shows favorable conditions for homebuyers. Solid fundamentals with reasonable affordability.
❄️
COOL MARKET
Macon-Bibb County, GA Metro Area
More inventory, negotiating room for buyers
81 days
Average time to sell
Slow
7.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Macon-Bibb County, GA metro data
🏠

Property Strategy for 31220

Which property type performs best in this market?

Best for Cash Flow
3BR
6.8% cap rate
Best for Appreciation
2BR
+9.0% 5yr CAGR
Best Overall Value
3BR
$69,802/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $214,557 $1,650 5.5% +9.0% $107,278
3BR $209,407 $1,980 6.8% +8.6% $69,802
4BR $347,097 $2,190 4.5% +7.9% $86,774
5BR $502,490 +7.0% $100,498

Market Trends

Home Value History (with trend line)

$265K$234K$204K$174K$143K$113KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,526$1,478$1,430$1,383$1,335$1,287Sep 2023Feb 2025Jul 2026

📊 How Does 31220 Compare?

Metric 31220 Macon Macon-Bibb County, GA Georgia
Home Value $252,556 $137,669 N/A $329,538
5-Year CAGR 5.9% 5.0% N/A 7.8%
Avg Rent $1,323 $1,269 N/A -
Cap Rate 4.1% 6.9% - -
💡 Why Invest in 31220? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 37% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 31220 (Macon, GA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
+5.9%
Moderate

📊 Market Snapshot

Home Value $252,556
Monthly Rent $1,323
Price-to-Rent 15.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.3%
Cap Rate 4.1%
5-Year IRR 10.0%

📈 Home Appreciation

1-Year +3.9% ▲
3-Year CAGR +2.7% ▲
5-Year CAGR +5.9% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year -5.9% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
9.2%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 31220

Population: 16,202

💰 Median Household Income
$86,141
This area
$86,141
State
$64,001
USA
$74,580
🏠 Renter Occupied
37.0%
This area
37.0%
State
29.9%
USA
34.0%
💼 Unemployment Rate
4.4%
This area
4.4%
State
-18.6%
USA
3.7%
🎓 College Educated
35.0%
This area
35.0%
State
-3.0%
USA
33.7%
👤 Median Age
41.0 years
This area
41.0 years
State
10.1 years
USA
38.9 years
🏚️ Vacancy Rate
9.2%
This area
9.2%
State
15.5%
USA
10.5%
👥 Population by Ethnicity
White 49.0%
Black/African American 44.8%
Other/Mixed 4.3%
Asian 1.9%
Hispanic/Latino 1.3%
👶 Under 18
23.3%
This area
23.3%
USA
22.0%
👴 65 and Over
19.4%
This area
19.4%
USA
17.3%
📊 Poverty Rate
3.1%
This area
3.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 31220

A Avg School Grade
1 Schools
13.9:1 Avg Class Size
$15,811 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Heritage Elementary School

📚 Pre-K – 05 Elementary
👥
525 Students
👨‍🏫
13.9:1 Class Size
💰
$15,811 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

5 Nearby 1,076 Off-Campus Students
C+
Wesleyan College
641 students · 6.1 mi
C
Middle Georgia State University
8,033 students · 7.1 mi
D
Webb's Barber School of Arts
18 students · 7.4 mi
D
Miller-Motte College-Macon
206 students · 7.9 mi
C+
Mercer University
9,124 students · 10.5 mi

Investor Insight: With 1,076 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What do landlords charge for rent in Macon, GA?

Macon, GA rentals go for roughly $1,323/mo a month. That puts gross yield in solid territory relative to $253K acquisition costs.

How qualified is the tenant pool in Macon, GA?

Tenant demand in Macon, GA is solid. The local workforce $1,323/mo rents across most rental classes.

Is Macon, GA better for rentals, flips, or BRRRR?

Most investors in Macon, GA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

What is the investability score for Macon, GA?

Investors tracking Macon, GA will find a 3.0/5 rating supported by $253K median home values and $1,323/mo rents. That profile suits long-term holders targeting stable returns.

Are landlord laws favorable in Macon, GA?

Landlord-friendliness in Macon, GA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

You know 31220 now. You don’t know where it ranks.

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How 31220 ranks in Macon-Bibb County, GA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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