Market Overview
Home Prices in Milledgeville, GA
The median home value in Milledgeville, GA is $247,442 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milledgeville are priced40% below average. Milledgeville is part of the Milledgeville, GA metro area.
Over the past five years, Milledgeville home values have risen by approximately28.4%, reflecting strong long-term appreciation in this market.
Price History
Milledgeville Home Price Trend
City Comparison
Milledgeville vs. National Median
At $247,442, homes in Milledgeville cost 40% below the national median of $410,000. This makes Milledgeville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milledgeville?
20% Down Payment
$49,488
on $247,442
Monthly P&I
$1,291/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,640/mo
incl. taxes & insurance
Income Needed
$65,600
gross annual (30% rule)
10% Down Option
$24,744
+ PMI applies
Loan Amount (20% dn)
$197,954
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 Milledgeville, GA?
The median home value in Milledgeville is $247,442 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Milledgeville?
Over the past year, home values in Milledgeville have increased by 4.9%. Over five years, prices have risen approximately 28.4%.
How much do I need to earn to buy a home in Milledgeville?
To comfortably afford the median home price of $247,442 with a 20% down payment ($49,488) at today's rates (6.8%), you'd need a gross annual income of approximately $65,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Milledgeville compare to the national average home price?
The national median home value is approximately $410,000. At $247,442, homes in Milledgeville are 40% below the national average.
What metro area is Milledgeville part of?
Milledgeville is part of the Milledgeville, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.