SIALIMStatistical Intelligence for America's Local Investment Markets

31816 — Manchester, GA Home Values

Typical home value $127,678 as of August 2026 · 203rd of 203 in Atlanta-Sandy Springs-Alpharetta, GA

Typical value — August 2026
$127,678
observed, not a forecast
Past 12 months
-2.7%
trailing year-over-year change
Past 5 years
+24.7%
August 2021 to August 2026
Rank in metro
203rd
of 203 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 31816, August 2021 to August 2026. This page shows observed data only; no forecast.

How 31816 compares in the Atlanta-Sandy Springs-Alpharetta, GA area

ZIP code 31816 (Manchester, GA) has a typical home value of $127,678 as of August 2026, ranking 203rd of 203 ZIP codes tracked in the Atlanta-Sandy Springs-Alpharetta, GA area, more expensive than about 0% of ZIP codes in the metro. Prices here have moved -2.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +24.7%, from $102,374 in August 2021 to $127,678 in August 2026. Against observed rent, the typical home here sells for 8.9× the annual rent ($1,195/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 Atlanta-Sandy Springs-Alpharetta, GA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Atlanta.

Population and demographics

ZIP code 31816 has a population of 4,872, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 52.4% Black or African American, 42.2% White, 2.6% Hispanic or Latino, 2.1% Asian, 0.4% another race, and 0.4% two or more races.

Nearby public schools

SchoolAddressDistance
Manchester Middle School231 W Perry St, Manchester, GA1.6 mi
Manchester High School405 N 5th Ave, Manchester, GA1.7 mi
Mountain View Elementary School2600 Judson Bulloch Rd, Manchester, GA2.7 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 31816?

$127,678 as of August 2026, the latest month Zillow has published observed data for.

Is 31816 an expensive ZIP code in the Atlanta-Sandy Springs-Alpharetta, GA area?

31816 ranks 203rd of 203 ZIP codes in the Atlanta-Sandy Springs-Alpharetta, GA area by typical home value, more expensive than about 0% of ZIP codes in the metro.

How much have home values in 31816 changed over the past year?

-2.7% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 31816?

The typical home price is 8.9× the observed annual rent in this ZIP code ($1,195/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 31816?

4,872, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 31816?

Manchester Middle School (1.6 mi), Manchester High School (1.7 mi), Mountain View Elementary School (2.7 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 31816?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Atlanta-Sandy Springs-Alpharetta, 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.