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Morven city, GA

ZIP 31638 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 31638

Median Home Value
$152,500
Median Rent
$521
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$980/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 31638 in Morven city, GA, a household would need roughly $42,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $980. That sits below the local median household income ($53,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics

Historic housing stock (26% built before 1939)

Owner Occupied
76.1%+16% vs US avg
x
Vacancy Rate
18.5%+79% vs US avg
x
Broadband Access
58.5%-33% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
26.1%+104% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
26.3%-47% vs US avg
x
Mortgage-Free
66.5%+74% vs US avg
x
$152,500
Home Value
$521
Rent
1979
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached49.2%
  • 1-unit attached0.0%
  • 2-9 units1.8%
  • 10+ units0.0%
  • Mobile home & other49.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$152,500
Median rent$521
Owner-occupied76.1%
Vacant18.5%
Price-to-income2.8x
Est. income to buy$42,000