SIALIMStatistical Intelligence for America's Local Investment Markets

31061Milledgeville, GA Home Values

Typical home value $246,539 as of June 2026 · 2nd of 4 in Milledgeville, GA

Typical value — June 2026
$246,539
observed, not a forecast
Past 12 months
+4.9%
trailing year-over-year change
Past 5 years
+28.3%
June 2021 to June 2026
Rank in metro
2nd
of 4 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 31061, June 2021 to June 2026. This page shows observed data only; no forecast.

How 31061 compares in the Milledgeville, GA area

ZIP code 31061 (Milledgeville, GA) has a typical home value of $246,539 as of June 2026, ranking 2nd of 4 ZIP codes tracked in the Milledgeville, GA area, more expensive than about 75% of ZIP codes in the metro. Prices here have moved +4.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.3%, from $192,173 in June 2021 to $246,539 in June 2026. Against observed rent, the typical home here sells for 15.5× the annual rent ($1,326/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Milledgeville, GA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Milledgeville.

Population and demographics

ZIP code 31061 has a population of 41,194, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 51% White, 42.4% Black or African American, 2.6% Hispanic or Latino, 1.9% two or more races, 1.7% Asian, 0.1% American Indian or Alaska Native, 0.1% Native Hawaiian or Pacific Islander, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
Baldwin High School155 Ga Highway 49 W, Milledgeville, GA2.1 mi
Millegeville ITU800 N Glynn St, Milledgeville, GA2.5 mi
Midway Hills Academy101 Carl Vinson Rd SE, Milledgeville, GA2.8 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 31061?

$246,539 as of June 2026, the latest month Zillow has published observed data for.

Is 31061 an expensive ZIP code in the Milledgeville, GA area?

31061 ranks 2nd of 4 ZIP codes in the Milledgeville, GA area by typical home value, more expensive than about 75% of ZIP codes in the metro.

How much have home values in 31061 changed over the past year?

+4.9% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 31061?

The typical home price is 15.5× the observed annual rent in this ZIP code ($1,326/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 31061?

41,194, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 31061?

Baldwin High School (2.1 mi), Millegeville ITU (2.5 mi), Midway Hills Academy (2.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 31061?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Milledgeville, GA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.