ZIP Code 31788 — Moultrie, GA Home Prices (2026)
The typical home in ZIP 31788 (Moultrie, Georgia) is worth about $218,000 at roughly $194 per square foot — 28% more expensive than the Moultrie median and 26% more affordable than the typical U.S. home.
How 31788 compares
ZIP 31788 is one of the pricier ZIP codes in Moultrie: its typical home value of $218,000 ranks #1 of the 3 Moultrie ZIP codes we track (the citywide range runs from $152,000 in 31768 to $218,000 in 31788). Per square foot it costs about $194, against $156 for Moultrie as a whole, $175 for Georgia, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 31788 | $218,000 | $194 |
| Moultrie, GA | $170,000 | $156 |
| Georgia | $260,000 | $175 |
| United States | $294,000 | $195 |
Home value by size in 31788
Using this ZIP’s rate of about $194 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $194,000 |
| 1,500 sq ft | $291,000 |
| 2,000 sq ft | $388,000 |
| 2,500 sq ft | $485,000 |
| 3,000 sq ft | $582,000 |
Salary needed to buy a home in ZIP 31788
To buy the typical $218,000 home in ZIP 31788 with 20% down, you need a household income of roughly $59,000 a year (about $1,380 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $70,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,900 | $1,720/mo | $74,000/yr |
| 10% (+PMI) | $21,800 | $1,640/mo | $70,000/yr |
| 20% | $43,600 | $1,380/mo | $59,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 31788
At about $194 per square foot, here is roughly how much home different budgets get you in ZIP 31788:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 770 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1030 sq ft | around the typical home here |
| $250k | 1290 sq ft | around the typical home here |
| $300k | 1550 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2060 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 31788 home.
Estimate a specific home in 31788
The estimator below is pre-set to ZIP 31788 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Moultrie ZIP codes by home value
Where 31788 sits among Moultrie’s 3 ZIP codes:
ZIP 31788 home prices: frequently asked
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See the full Moultrie home values page, all Georgia cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.