Milledgeville housing market
Typical home value
$229K
▲ 1.2% 1 yr
Typical rent
$1,460/mo
▲ 6.8% 1 yr
12-month forecast
+1.9%
#305 of 546 metros
Gross rent yield
7.7%
#70 of 546 · U.S. 6.3%
Days to pending
91 days
1 yr
Listings with a price cut
25%
▲ +3.1 pts 1 yr
Key takeaways
- 1The typical home is worth $228,979, up 1.2% in a year and up 21% over five years.
- 2Zillow forecasts home values rising 1.9% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,460/mo (+6.8% YoY), a 7.7% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,258/mo in principal and interest, $202 less than renting.
- 5Homes go under contract in 91 days; 25% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 29/100, #463 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Milledgeville compares
| Measure | Milledgeville | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +1.2% | +1.2% | #351 |
| Home value, 5-yr change | +21.2% | +19.7% | |
| 12-month forecast | +1.9% | +1.1% | #305 |
| Rent, 1-yr change | +6.8% | +2.7% | #56 |
| Gross rent yield | 7.7% | 6.3% | #70 |
| Price-to-rent ratio | 13.1 | 15.8 | |
| Mortgage P&I on typical home | $1,258 | $2,012 | |
| Days to pending | 91 | 56 |
Cities in the Milledgeville metro
1 cities with home value and rent data.
| Milledgeville | $241K | ▲ 1.3% | $1,458 | ▲ 7.0% | 7.3% |
Run the numbers
Rental property calculator
Cash flow on a typical Milledgeville rental ($229K, $1,460/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Milledgeville home.
Rent vs buy
Is it cheaper to rent or buy in Milledgeville?
Other Georgia metros
Atlanta, GA
$376K home$1,843 rent5.9% yield
▼ 1.5% 1 yr
Augusta, GA
$250K home$1,464 rent7.0% yield
▲ 2.9% 1 yr
Savannah, GA
$340K home$1,771 rent6.2% yield
▼ 2.7% 1 yr
Columbus, GA
$210K home$1,353 rent7.7% yield
▲ 3.8% 1 yr
Macon, GA
$197K home$1,212 rent7.4% yield
▲ 3.1% 1 yr
Athens, GA
$367K home$1,776 rent5.8% yield
▲ 1.8% 1 yr
Gainesville, GA
$386K home$1,701 rent5.3% yield
▼ 1.3% 1 yr
Warner Robins, GA
$254K home$1,505 rent7.1% yield
▲ 2.9% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.