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Eastman city, GA

ZIP 31023 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 31023

Median Home Value
$115,500
Median Rent
$467
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$742/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 31023 in Eastman city, GA, a household would need roughly $32,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $742. That sits below the local median household income ($47,558), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
64.9%-1% vs US avg
x
Vacancy Rate
20.6%+100% vs US avg
x
Broadband Access
73.9%-15% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
5.5%-57% vs US avg
x
Built Post-2014
1.0%-85% vs US avg
x
Rent Burden >30%
15.0%-70% vs US avg
x
Mortgage-Free
52.5%+37% vs US avg
x
$115,500
Home Value
$467
Rent
1979
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.0%
  • 1-unit attached1.2%
  • 2-9 units12.4%
  • 10+ units1.5%
  • Mobile home & other23.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$115,500
Median rent$467
Owner-occupied64.9%
Vacant20.6%
Price-to-income2.4x
Est. income to buy$32,000