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Featured local agent — Milledgeville, GA
Sarah Mitchell
Compass Real Estate · Milledgeville, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Milledgeville, GA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,000median sale price
How is the Milledgeville, GA housing market right now?
The median home sale price in Milledgeville, GA is $235,000, up 8.3% year-over-year. Homes sell in an average of 51 days with 55 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Milledgeville a buyer's or seller's market?
Milledgeville, GA is currently a buyer's market, based on 11.0 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
51
Average pace
Active listings
55
11.0 months supply
Sale-to-list
97.6%
Below asking
What does the Milledgeville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Median list price | $256,500 |
| Year-over-year price change | +8.3% |
| Average days on market | 51 days |
| Active inventory | 55 listings |
| Months of supply | 11.0 months |
| Sale-to-list price ratio | 97.6% |
| Median price per sq ft | $129/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 9 |
| Listings with a price cut | 12.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Milledgeville by property type?
How the Milledgeville, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,000 | $129/sq ft | 3 | 51 days |
| Condo / Co-op | $150,000 | $134/sq ft | 1 | 12 days |
| Townhouse | $200,000 | $121/sq ft | 2 | 79 days |
Source: Redfin · Updated monthly
The Milledgeville housing market is currently classified as a buyer's market with a median sale price of $235,000. Prices have risen 8.3% compared to last year, with homes spending an average of 51 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Milledgeville
There are currently 55 homes listed for sale in Milledgeville, Georgia. The median listing price is $257K.
Active listings
55
Homes on market
Median list price
$257K
Avg. days on market
51
Days until sale
New this week
9
Newly listed
Who lives in Milledgeville?
Population
16,873
Median income
$39,669/yr
Median age
27.1 years
Owner-occupied
36.5%
College grads
23.8%
Avg commute
22.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Milledgeville?
Zillow home value
$246,901
Zillow rent index
$1,278/mo
Price-to-rent ratio
16.1x
Price-to-income
6.2x
Source: Zillow Research
What is it like to live in Milledgeville?
Milledgeville is a community of approximately 17K residents with a median age of 27.1 years.The median household income is $39,669, which represents a working-class community with solid middle-income opportunities. 23.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 36.5%, showing a blend of owner and renter-occupied properties. The average commute time is 22.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Milledgeville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Milledgeville?
7 schools tracked · 4,601 students
The largest public schools serving Milledgeville, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Baldwin High School
Grades 9-12 · 1,294 students
Oak Hill MS
Grades 6-8 · 960 students
Lakeview Primary
Grades PK-2 · 810 students
Lakeview Academy
Grades 3-5 · 635 students
Midway Hills Primary
Grades PK-2 · 476 students
Midway Hills Academy
Grades 3-5 · 413 students
Millegeville ITU
Grades 5-12 · 13 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Milledgeville, GA?
Want a head-to-head view? Compare Milledgeville side-by-side with any other U.S. city using our market-comparison tool.
Is Milledgeville a good real estate investment market?
For investors evaluating Milledgeville, the price-to-rent ratio of 16.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Milledgeville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Milledgeville's median home price.
Frequently asked questions
What is the average home price in Milledgeville?
The median home sale price in Milledgeville is $235,000, up 8.3% from last year.
How long do homes stay on market in Milledgeville?
Homes typically spend 51 days on market before going under contract.
What is the median income in Milledgeville?
The median household income is $39,669 per year.
Is Milledgeville a buyer's or seller's market?
With 11.0 months of supply, Milledgeville is currently a buyer's market.
What is the Zillow home value estimate for Milledgeville?
The Zillow Home Value Index (ZHVI) for Milledgeville is $246,901, representing the typical home value in the area.
What is the median condo price in Milledgeville?
The median condo/co-op sale price in Milledgeville, GA is $150,000, compared to $235,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Milledgeville?
The median single-family home price in Milledgeville, GA is $235,000 (about $129 per square foot).
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