Thomasville, GA cityscape
Markets / Georgia / Thomasville
RENTAL MARKET INTELLIGENCE

Thomasville, GA

Yield-focused buyers should investigate Thomasville, while investors relying on job growth or strong renter affordability should be cautious.

Median price$230k
Median rent$1,666
Gross yield8.7%
Job growth▼ 0.2%
CBSA 4562026 public sourcesChecked nightly
SCORE / 10046RANK #327 / 571
Composite Market ScoreRank #327 of 571 scored US metros
The read

Why this market scores where it does

Written from the figures on this page and then checked against them: every number below had to appear in the source record or recompute from two that did, or the text was rewritten.

Yield-focused buyers should investigate Thomasville, while investors relying on job growth or strong renter affordability should be cautious. The median asking rent is $1,666 against a $229,896 home value, producing an 8.7% gross yield before expenses.

The opportunity is rent momentum: asking rents rose 5.3%, slightly faster than home values at 4.65%. Supply conditions may offer buyers some negotiating room, with 5.6 months of inventory and 17.89% of listings showing price drops.

The risks are weak labor demand, tenant cost pressure, and wind exposure. Employment fell 0.16%, rent consumes 33.17% of median household income, and the published climate loss ratio is 0.148%. Underwrite vacancy, achievable rent, insurance, and repairs rather than relying on headline yield.

Frequently Asked Investor Questions

What is the headline income profile?
Median asking rent is $1,666 per month, median home value is $229,896, and published gross yield is 8.7% before expenses.
Do current listings suggest negotiating room?
The record reports 5.6 months of supply, 45 median days on market, and price drops on 17.89% of listings.
Is migration adding households with higher incomes?
Net migration was positive by 98 households, but average income was $52,956 for movers in versus $64,013 for movers out, a published gap of -$11,057.

Investor Quick Takeaways

Gross Yield: 8.7%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 5.30%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 13.2%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Thomasville
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply5.6 mo.▲ from 3.7 mo. a year ago
Median days on market45 days▲ from 38 days a year ago
Listings with price drops17.9%▼ from 25.6% a year ago
Sale-to-list ratio94.0%2026-05-01
Home value growth▲ 4.7%Zillow ZHVI · trailing 12 months
Rent growth▲ 5.30%Zillow ZORI · trailing 12 months
Gross rental yield8.7%Rent × 12 ÷ price
Payroll job growth▼ 0.2%LAUS · 12m to 2026-05
Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs49Rent trend77Affordability8Supply27Climate safety47
Published arithmeticComponent × weight = points
46
SignalScoreWeightPoints
Job growth4930%14.70
Rent trend7725%19.25
Affordability815%1.20
Supply pressure2715%4.05
Climate risk4715%7.05
Published score46
Thomasville, GA scoreRank #327
46
Job growth49/100

Job: LAUS employment fell 0.16% -> weak labor momentum limits support for rental demand.

Rent trend77/100

Rent: Asking rent rose 5.3% and gross yield is 8.7% -> income potential is the market's clearest positive signal before expenses.

Affordability8/100

Afford: Rent equals 33.17% of median household income -> tenant budgets may constrain further rent increases.

Supply pressure27/100

Supply: Inventory is 5.6 months and 17.89% of listings have price drops -> buyers may have room to negotiate, despite limited permitting.

Climate risk47/100

Climate: Wind is the dominant hurricane hazard and the climate loss ratio is 0.148% -> insurance and physical-loss costs require property-level review.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$230k
YoY ▲ 4.7%
ZORI Median Rent
$1,666
YoY ▲ 5.30%
Gross Rental Yield
8.7%
Rent × 12 ÷ price
$1,666 × 12 ÷ $229,896
Job Growth (YoY)
▼ 0.2%
LAUS payrolls
Job signal 49/100
Median Household Income
$60k
Census ACS 5-year
Rent Burden
33.2%
Annual rent ÷ household income
Price-to-Income
3.8x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,061
Market rent 157.0% of FMR
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
2712024258202517220265+ unit buildingssingle family
172 units authorised in 2026, 0% of them in 5+ unit buildings. This is a single-family building cycle, so the competition is other houses, not new apartments. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+98
1,357 in vs 1,259 out (IRS SOI)
▲ 7.2% of arriving households
Mover Income Gap
−$11,057
Arriving $52,956 vs leaving $64,013
Average AGI per tax return (IRS SOI)
Investor Purchase Share
13.2%
79 of 598 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
hurricane
0.148% building value annual loss ratio
FEMA NRI · risk type: wind
Households arrive mainly from: Leon County · Mitchell County · Lowndes County · Decatur County · Colquitt County
1,357 in − 1,259 out = 98 net
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. Employment contraction could weaken renter demand and occupancy.
  2. High rent burden could limit tenants' capacity to absorb rent increases.
  3. Hurricane wind exposure could raise insurance, repair, or loss costs.
Statistical peers

Metros that behave like Thomasville

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

MetroScorePriceRentYieldJob Growth
Thomasville, GA (Target)46$230k$1,6668.7%▼ 0.2%
Bartlesville, OK38$186k$1,2478.0%▼ 0.1%
Talladega, AL37$183k$1,2958.5%▼ 0.6%
Elmira, NY61$164k$1,1558.4%▲ 0.0%
Clarksburg, WV45$161k$1,1138.3%▲ 0.1%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household incomedirectACS 2024 5-year2026-07-26
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS QCEW — county employment and wagesdirectannual county employment and wages 2025 vs 20242026-07-31
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI 20252026-07-28
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-232026-07-27
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-07-27
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-07-26