Acreage, Farmhouse, Historic
1930 Farmhouse on 2.25 Acres Near the Ogeechee River — $59,900
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1930 home, 2.25 acres, 1527 sqft, river access nearby, Statesboro proximity |
| Condition | 25% | 4 | Sold as-is, needs repairs, no interior access until Oct 2026; newer well and septic only positives |
| Price / Sq Ft | 15% | 9 | Listing $39/sqft vs zip median ~$100/sqft (6 comps, thin but directional — 61% below) |
| Price vs. Market | 5% | 9 | $59,900 vs $192,417 zip median — 69% below; zip median may include larger homes |
| Market Conditions | 5% | 8 | 45% price drops, 93.8% sale-to-list, 73 DOM — clear buyer's market |
At $39 a square foot, this is the kind of price that makes you pay attention. The zip median runs around $100 per square foot. This listing is 61% below that. On 2.25 acres. With a newer well and septic already in the ground.
The house is a 1930 farmhouse, 1,527 square feet, two bedrooms, one bath, on Statesboro Highway a few miles from the Bulloch County line. The well is about a year and a half old. The septic is about two and a half years old. Those two things together would run you real money to put in from scratch, and here they come with the land. Everything else needs work, and the seller knows it. The property is being sold as-is.
Here is the part you have to sit with: no one gets inside until October 2026. The house is occupied. You can walk the land, you can drive by, you can submit an offer, but you are buying something you have not seen the inside of. That is the deal. Some people will not touch that. The people who do are betting that the land and the mechanicals justify the price before the interior condition is even factored in. At $59,900 for 2.25 acres with a working well and septic near Statesboro, the math is not hard to follow. Whether the house can be saved is the unknown.
The Ogeechee River boat ramp on Highway 301 is nearby. You have the space for a garden, some animals, outbuildings, or whatever you want to do with 2.25 acres of Georgia land. Statesboro is close enough that you are not isolated.
This is a buyer's market right now in this zip. Forty-five percent of listings have had price drops. Homes are sitting 73 days on average. You have room to move.
For someone willing to buy blind on land value alone and deal with the house later, $59,900 is a serious number.
