Home Values in Macon, Georgia — 2026 Market Report
Updated March 2026 | Buyer's Market | +3.3% YoY
The median home value in Macon, Georgia is $145,000 as of March 2026, which is below the national median of $400,000. Home values in Macon have increased by 3.3% over the past year and 17.6% over the last five years. With a population of 157,346 and a median household income of $35,250, the price-to-income ratio stands at 4.1x, making Macon affordable for the average household.
Macon Housing Market Conditions
| Metric | Macon | National Avg |
|---|---|---|
| Median Home Value | $145,000 | $400,000 |
| YoY Appreciation | +3.3% | +3.8% |
| 5-Year Appreciation | +17.6% | +22.4% |
| Price per Sq Ft | $59 | $222 |
| Days on Market | 34 days | 45 days |
| Months of Supply | 5.4 | 3.5 |
| List-to-Sale Ratio | 98.6% | 98.5% |
| Monthly Homes Sold | 78 | — |
| Foreclosure Rate | 0.77% | 0.3% |
Home Value Trends in Macon
A homeowner who purchased at the median price of $123,299 five years ago in Macon would have gained approximately $21,701 in equity, representing a 17.6% return on investment. Over the past year alone, the typical homeowner gained $4,632 in home equity.
Affordability in Macon, GA
With a median household income of $35,250 and a median home price of $145,000, the price-to-income ratio in Macon is 4.1x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $758 compared to estimated monthly ownership costs of $799 gives a rent-vs-buy ratio of 1.05. In Macon, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Macon
The effective property tax rate in Georgia is 0.92%. On a home valued at $145,000, the estimated annual property tax bill is $1,334, or approximately $111/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Macon is 83.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Macon, GA?
The median home value in Macon, Georgia is $145,000 as of March 2026. Home values have changed +3.3% over the past year, with a 5-year appreciation of 17.6%.
Is Macon a buyer's or seller's market?
Macon is currently a buyer's market with 5.4 months of housing supply. Homes spend an average of 34 days on market, and the list-to-sale price ratio is 98.6%. Higher inventory gives buyers more negotiating power.
Are home values going up in Macon?
Yes, home values in Macon have increased by 3.3% over the past year. The 5-year appreciation rate is 17.6%, meaning a home worth $123,299 five years ago is now worth $145,000.
Is it better to rent or buy in Macon?
The average monthly rent in Macon is $758, while estimated monthly homeownership costs are approximately $799. The price-to-rent ratio is 15.9. Based on current conditions, buying may be more cost-effective than renting in this market.
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Related Resources
Disclaimer: Home value data for Macon, Georgia is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.