ZIP Code Market Report
39840 — 39840, GA
Data through February 2026 · Updated monthly
Avg Home Value
$86,350
▲ 3.1% year-over-year
Month-over-Month
+1.1%
▲ 1.1%
Single Family
$84,819
Condo / Co-op
--
The average home value in the 39840 ZIP code (39840, Georgia) is $86,350 as of February 2026. Home prices are rising, up 3.1% compared to last year.
A 3-bedroom home in 39840 is valued at $120,267.
The market in 39840 has a $176,406 spread between bottom-tier homes at $38,254 and top-tier homes at $214,660. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Randolph County market area in Georgia. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Randolph County report.
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Market Snapshot
39840 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 | $84,638 | $85,409 | $86,350 | ▲ 2.0% |
| Single Family Value | $83,395 | $83,774 | $84,819 | ▲ 1.7% |
Home Values
39840 Home Value Trend
Historical home values for ZIP code 39840. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 39840
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $73,334 |
| 3 Bedrooms | $120,267 |
| 4 Bedrooms | $182,614 |
Property Types
Home Values by Property Type in 39840
How different property types compare in this ZIP code.
All Homes
$86,350
Single Family
$84,819
Bottom Tier
$38,254
Top Tier
$214,660
Data Sources and Methodology
Home value data for ZIP code 39840 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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