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Forsyth city, GA

ZIP 31029 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 31029

Median Home Value
$226,300
Median Rent
$724
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,454/mo PITI).

11%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.0 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 31029 in Forsyth city, GA, a household would need roughly $62,000 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 $1,454. That sits below the local median household income ($79,529), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
78.2%+20% vs US avg
x
Vacancy Rate
8.7%-16% vs US avg
x
Broadband Access
87.5%+1% vs US avg
x
4+ Bedrooms
8.8%-41% vs US avg
x
Built Pre-1939
3.5%-72% vs US avg
x
Built Post-2014
3.8%-46% vs US avg
x
Rent Burden >30%
17.5%-65% vs US avg
x
Mortgage-Free
38.5%+1% vs US avg
x
$226,300
Home Value
$724
Rent
1995
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached76.8%
  • 1-unit attached0.0%
  • 2-9 units4.3%
  • 10+ units2.1%
  • Mobile home & other16.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$226,300
Median rent$724
Owner-occupied78.2%
Vacant8.7%
Price-to-income2.8x
Est. income to buy$62,000