31522 ZIP Code Real Estate Market Data — Saint Simons Island, Georgia
A live read on the 31522 ZIP code for flip, ground-up, and rental investors: home values, rents, days to pending, price cuts, and an estimated return — with a calculator prefilled to local numbers.
Market data as of July 2026.
What the numbers say in 31522
The typical home in 31522 is worth $677,833, up 1.8% over the past year. Homes go under contract in about 55 days, and 20.1% of listings take a price cut. At a median rent of $2,971/mo, the unlevered capitalization rate (cap rate) pencils to roughly 2.5%.
Fix-and-flip conditions in 31522
Flips live and die on resale speed and price softness. In 31522, about 20.1% of listings take a price cut and homes go under contract in roughly 55 days. Start from a defensible After-Repair Value (ARV), then work backward to your Maximum Allowable Offer (MAO).
New-construction economics in 31522
Ground-up works when the finished home sells for meaningfully more than land plus build. 31522's median sale price of $652,176 is the resale target to underwrite against Add land, construction cost per square foot, soft costs, and holding costs to see if the spread clears your margin.
Rental returns in 31522
At 31522's median value and rent, the unlevered capitalization rate (cap rate) is about 2.5%, a rent-to-price ratio of 0.44% (the 1% rule). Cap rate ignores financing; the calculator below starts from 31522's medians so you can adjust to a real deal.
The deal
Purchase price and the monthly rent the property would command in today's market.
Operating costs
Annual property tax rate, monthly insurance, and the operating reserves you set against rent.
Net Operating Income (NOI) $16,946 / yr ÷ purchase price $677,833
Monthly operating-expense breakdown
Every operating cost that flows into Net Operating Income (NOI). Mortgage principal and interest are deliberately excluded — cap rate is unlevered.
This is an estimate from the numbers you entered. A real cap rate is anchored by current leased comparables, the actual assessed property tax, and a quoted insurance premium — not typed assumptions. Always confirm with a full Comparative Market Analysis (CMA) before making an offer.
Skip the manual rent comp hunt
Type a Georgia address, or ask Fundry's AI assistant for the numbers in plain English. Either way Fundry pulls the leased comparables and the assessed tax on record and runs Net Operating Income, cap rate, and Cash-on-Cash return — flip, ground-up, or rental. You decide which comparables count. Free.
Run a real CMA freeHow to read these 31522 numbers
- Typical home value is the value of a mid-tier home — a steadier signal than a single month's sales.
- Days to pending is how fast homes go under contract. Fewer days favors sellers; more days gives a flipper room to negotiate.
- Listings with a price cut flags softening — more cuts can mean more motivated sellers.
- Capitalization rate (cap rate) is annual Net Operating Income (NOI) divided by price — an unlevered yardstick for rentals. A full Comparative Market Analysis (CMA) refines it with real comparable rents.
Run your own numbers on a specific 31522 deal:
31522 real estate FAQ
What is the typical home value in 31522?+
The typical home in 31522 is worth about $677,833, up 1.8% over the past year. This reflects mid-tier homes and updates monthly.
What cap rate can you get in 31522?+
Using 31522's median home value and median rent of $2,971 per month, the estimated unlevered capitalization rate (cap rate) is about 2.5%. Your actual cap rate depends on the specific property, its rent, taxes, and operating costs — run the calculator on this page to model a real deal.
How fast do homes sell in 31522?+
Homes in 31522 go under contract in roughly 55 days on average. Faster markets favor sellers; slower markets give flippers and value buyers more room to negotiate.
Is 31522 a good place to invest in real estate?+
It depends on your strategy. 31522's value, rent, days on market, and price-cut data above show the conditions for flip, ground-up, and rental approaches. Use the free calculators to underwrite a specific deal before deciding — the numbers here are a starting point, not a verdict.
Market figures are estimates of typical conditions, updated monthly, from Zillow Research public data. Coverage varies by market — smaller markets may have no published rent index, in which case this page shows no rental return. For official U.S. home-price data, see the Federal Housing Finance Agency House Price Index.
Run the numbers on a real 31522 address
Search any 31522 address. Fundry pulls matched comparable sales and builds the full deal — flip, ground-up, or rental. Free.
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