Market Overview
Home Prices in Parrott, GA
The median home value in Parrott, GA is $178,201 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parrott are priced57% below average. Parrott is part of the Albany, GA metro area.
Over the past five years, Parrott home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Parrott Home Price Trend
City Comparison
Parrott vs. National Median
At $178,201, homes in Parrott cost 57% below the national median of $410,000. This makes Parrott a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Parrott?
20% Down Payment
$35,640
on $178,201
Monthly P&I
$929/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,180/mo
incl. taxes & insurance
Income Needed
$47,200
gross annual (30% rule)
10% Down Option
$17,820
+ PMI applies
Loan Amount (20% dn)
$142,561
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 Parrott, GA?
The median home value in Parrott is $178,201 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Parrott?
Over the past year, home values in Parrott have increased by 4.7%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Parrott?
To comfortably afford the median home price of $178,201 with a 20% down payment ($35,640) at today's rates (6.8%), you'd need a gross annual income of approximately $47,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Parrott compare to the national average home price?
The national median home value is approximately $410,000. At $178,201, homes in Parrott are 57% below the national average.
What metro area is Parrott part of?
Parrott is part of the Albany, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.