Market Overview
Home Prices in Mc Rae, GA
The median home value in Mc Rae, GA is $124,076 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and down 5.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mc Rae are priced70% below average.
Over the past five years, Mc Rae home values have risen by approximately14.5%, reflecting steady appreciation in this market.
Price History
Mc Rae Home Price Trend
2020
$90,296
$90K
—
2021
$108,371
$108K
+20.0%
2022
$120,596
$121K
+11.3%
2023
$124,723
$125K
+3.4%
2024
$130,172
$130K
+4.4%
2025
$122,757
$123K
-5.7%
2026
$124,076
$124K
+1.1%
City Comparison
Mc Rae vs. National Median
🏠 Mc Rae
$124,076
National Median
$410,000
At $124,076, homes in Mc Rae cost 70% below the national median of $410,000. This makes Mc Rae a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mc Rae?
20% Down Payment
$24,815
on $124,076
Monthly P&I
$647/mo
30-yr @ 6.8%
Total Monthly Est.
~$822/mo
incl. taxes & insurance
Income Needed
$32,880
gross annual (30% rule)
10% Down Option
$12,408
+ PMI applies
Loan Amount (20% dn)
$99,261
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mc Rae, GA?
The median home value in Mc Rae is $124,076 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Mc Rae?
Over the past year, home values in Mc Rae have increased by 1.1%. Over five years, prices have risen approximately 14.5%.
How much do I need to earn to buy a home in Mc Rae?
To comfortably afford the median home price of $124,076 with a 20% down payment ($24,815) at today's rates (6.8%), you'd need a gross annual income of approximately $32,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Mc Rae compare to the national average home price?
The national median home value is approximately $410,000. At $124,076, homes in Mc Rae are 70% below the national average.