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Decatur, GA—30035

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$225,000
6.5% YoY Growth
Household Income
$65,700
50.8% YoY Growth
Days on Market
65
15.0% Longer YoY
Home Price Forecast
-1.0%
Median Rent
$1,650
6.4% YoY Growth
1-Bed Rent
$737
20.6% YoY Growth
2-Bed Rent
$1,430
8.2% YoY Growth
3-Bed Rent
$1,800
5.7% YoY Growth

Other Zip Codes in Decatur, GA

30032300333003430030
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Decatur, GA

As of May '26, the median home price in Decatur, GA is $225,000, with a year-over-year change of -6.5%. This indicates that home prices in Decatur, GA are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$225,000-6.5%
Single Family $228,000-5.8%
Condos $131,000-20.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$154,000-8.9%
    3 Bed
    		$216,000-6.5%
    4 Bed
    		$263,000-5.1%
    5 Bed $316,272-3.7%
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    % of Housing Stock

    Studio
    1.6%
    1 Bedroom
    7.7%
    2 Bedrooms
    22.2%
    3 Bedrooms
    46.7%
    4 Bedrooms
    16.8%
    5+ Bedrooms
    5.0%

    Rental Trends — Decatur, GA

    As of July '25, Rentcast reports the average rent in Decatur, GA is $1,660, with a year-over-year rent change of 6.4%. Per bedroom, the median rent as of July '25 in Decatur, GA is 1-bedrooms: $834, 2-bedrooms: $1,450, 3-bedrooms: $1,840, 4-bedrooms: $2,180. The most common rental property sizes in Decatur, GA are 3-bedroom and 2-bedroom, accounting for 37.5% and 30.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,650$1,660
    Studio Rent N/AN/A
    1 Bed Rent $737$834
    2 Bed Rent $1,430$1,450
    3 Bed Rent $1,800$1,840
    4 Bed Rent $2,200$2,180
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    % of Rental Stock

    Studio
    3.7%
    1 Bedroom
    14.0%
    2 Bedrooms
    30.3%
    3 Bedrooms
    37.5%
    4 Bedrooms
    11.6%
    5+ Bedrooms
    2.9%

    Property Listings — Decatur, GA

    As of May '26, Realtor.com reports that the median days on market for a home in Decatur, GA is 65. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$257,0001.0%
    Listing Count
    		144-19.0%
    Listings as % of Homes0.8%-19.0%
    Days on Market
    		6515.0%
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    Demographics — Decatur, GA

    As of the latest ACS Survey released in 2023, Decatur, GA has a population of 22,100, which has decreased by -2.7% over the past 5 years. Decatur, GA is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		22,100-2.7%
    % Under 18
    		25.4%4.5%
    % Seniors
    		13.3%26.7%
    % WFH
    		10.8%61.2%
    % w/ College Degree
    		26.3%32.2%
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    As of the latest ACS Survey released in 2023, Decatur, GA is a predominantly black area, with 90.7% of the population identifying as black. The black population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Decatur, GA is white, making up 4.1% of the population. Foreign-born residents account for 12.2% of the population in Decatur, GA, and this percentage has increased by 64.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		4.1%7.9%
    % Black
    		90.7%-0.4%
    % Hispanic
    		3.8%46.2%
    % Asian
    		0.3%-62.5%
    % Foreign Born
    		12.2%64.9%
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    Mortgage and Risk — Decatur, GA

    According to HUD data as of 2023, there were 335 mortgage originations in Decatur, GA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Decatur, GA. Investor activity is low, as 4.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		335
    % Conventional Loans
    		62.0%
    % Government Loans
    		38.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		24.0%
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    Rentals and Section 8 — Decatur, GA

    As of 2024, the percent of homes in Decatur, GA under the Section 8 program is 12.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Decatur, GA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		405
    Total Units Section 8
    		405
    % Rentals under Section 8
    		12.7%
    % Occupied Section 8
    		81.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$813$737$1,550
    2 Bedroom$290$1,430$1,720
    3 Bedroom$270$1,800$2,070
    4 Bedroom$290$2,200$2,490

    Affordability — Decatur, GA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$225,000
    Median Household Income$65,700

    Decatur, GA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions