Market Intelligence · GA / Valdosta

Valdosta, GA 31602 Housing Market

The typical home in Valdosta, GA 31602 is worth $209,097, up 4.9% over the past year as of September 2026. The median list price stands at $275,888, and homes spend a median of 60 days on market.

Updated September 2026Median value$209K

The median home value in Valdosta, GA 31602 is $209K as of September 2026, up 4.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 31602 range

$192K to $226K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.9% over 12 months

Typical home value in 31602 over the last 12 months: $199K in Sep 2025 to $209K in Sep 2026 (+4.9%).

Sep 2025$199K

Sep 2026$209K

The numbers

What is the 31602 housing market like?

Typical home value

$209K

Up4.9%YoY

Median list price

$276K

Down1.4%MoM

Days on market

60

Up9.1%MoM

Homes for sale

134

Up2.3%MoM

Price cuts

24.3%

Down5.5%MoM

New listings

38

Down20.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

31602 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 31602 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 31602 rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in 31602?

Zillow's forecast does not call for a drop: it expects typical home values in 31602 to rise 1.9% by September 2027, after a 4.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 31602 home prices compare?

  • 31602$209,097
  • Valdosta$218,983
  • Georgia$254,643
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Valdosta: 4 ZIPs; Georgia: 664 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, 31602 had 134 homes for sale, with 38 new listings entering the market that period. Homes are taking a median of 60 days to move, which gives buyers some room to negotiate. Price reductions are a notable part of the picture, with 24.3% of listings carrying a cut, even as the typical home value of $209,097 has risen 4.9% over the past year. The gap between the median list price of $275,888 and the typical value suggests sellers may be aiming higher than the market consistently rewards. For a homeowner thinking about selling, realistic pricing from the start matters more than usual in this market.

Monthly payment

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20% · $41,819

Common questions

What people ask us.

How much is a home in 31602 worth?

The typical home value in 31602 is $209,097, up 4.9% over the past year as of September 2026.

How long does it take to sell a home in 31602?

Homes in 31602 spend a median of 60 days on market as of September 2026.

Are sellers cutting prices in 31602?

Yes, 24.3% of listings in 31602 had a price cut as of September 2026, and the median list price is $275,888.

Discover

Nearby ZIP markets.

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Guides for sellers.