ZIP Code Market Report
31701 — Albany, GA
Data through February 2026 · Updated monthly
Avg Home Value
$77,170
▼ 11.2% year-over-year
Month-over-Month
-1.0%
▼ 1.0%
Single Family
$77,858
Condo / Co-op
--
The average home value in the 31701 ZIP code (Albany, Georgia) is $77,170 as of February 2026. Home prices are declining, down 11.2% compared to last year.
A 3-bedroom home in 31701 is valued at $79,660.
The market in 31701 has a $131,983 spread between bottom-tier homes at $40,070 and top-tier homes at $172,053. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 31701 ZIP code will decrease 0.2% over the next 12 months, bringing the projected average to approximately $77,015. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Dougherty County market area in Georgia. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Dougherty County report.
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Market Snapshot
31701 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $78,200 | $77,935 | $77,170 | ▼ 1.3% |
| Single Family Value | $78,790 | $78,396 | $77,858 | ▼ 1.2% |
Home Values
31701 Home Value Trend
Historical home values for ZIP code 31701. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 31701
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $45,266 |
| 3 Bedrooms | $79,660 |
| 4 Bedrooms | $187,599 |
Property Types
Home Values by Property Type in 31701
How different property types compare in this ZIP code.
All Homes
$77,170
Single Family
$77,858
Bottom Tier
$40,070
Top Tier
$172,053
Forecast
12-Month Home Value Forecast for 31701
Zillow projects home values in 31701 will decrease 0.2% over the next year, reaching approximately $77,015.
Current Value
$77,170
Projected Change
-0.2%
▼ 0.2%
Projected Value
$77,015
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 31701 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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