Cumming, GA—30040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cumming, GA
As of Oct '25, the median home price in Cumming, GA is $593,000, with a year-over-year change of -2.4%. This indicates that home prices in Cumming, GA are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $593,000 | -2.4% |
| Single Family | $598,000 | -2.6% |
| Condos | $423,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $366,000 | -3.9% |
3 Bed | $448,000 | -3.4% |
4 Bed | $601,000 | -2.3% |
| 5 Bed | $755,000 | -3.0% |
% of Housing Stock
Rental Trends — Cumming, GA
As of July '25, Rentcast reports the average rent in Cumming, GA is $2,640, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Cumming, GA is studios: $1,530, 1-bedrooms: $1,630, 2-bedrooms: $1,880, 3-bedrooms: $2,360, 4-bedrooms: $2,750. The most common rental property sizes in Cumming, GA are 3-bedroom and 2-bedroom, accounting for 36.4% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,480 | $2,640 |
| Studio Rent | $1,530 | $1,530 |
| 1 Bed Rent | $1,610 | $1,630 |
| 2 Bed Rent | $1,820 | $1,880 |
| 3 Bed Rent | $2,280 | $2,360 |
| 4 Bed Rent | $2,700 | $2,750 |
% of Rental Stock
Property Listings — Cumming, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cumming, GA is 58. This is a increase of 20.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $650,000 | 0.0% |
Listing Count | 465 | 39.0% |
| Listings as % of Homes | 0.7% | 39.0% |
Days on Market | 58 | 20.0% |
Demographics — Cumming, GA
As of the latest ACS Survey released in 2023, Cumming, GA has a population of 79,600, which has increased by 12.9% over the past 5 years. Cumming, GA is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 55.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 79,600 | 12.9% |
% Under 18 | 25.5% | -11.5% |
% Seniors | 13.5% | 15.4% |
% WFH | 28.1% | 153.2% |
% w/ College Degree | 55.5% | 13.3% |
As of the latest ACS Survey released in 2023, Cumming, GA is a predominantly white area, with 65.1% of the population identifying as white. The white population has shrunk by 13.3% in the last 5 years. The second most common race or ethnicity in Cumming, GA is asian, making up 13.3% of the population. Foreign-born residents account for 19.7% of the population in Cumming, GA, and this percentage has increased by 35.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.1% | -13.3% |
% Black | 4.0% | -13.0% |
% Hispanic | 11.9% | 8.2% |
% Asian | 13.3% | 79.7% |
% Foreign Born | 19.7% | 35.9% |
Mortgage and Risk — Cumming, GA
According to HUD data as of 2023, there were 2227 mortgage originations in Cumming, GA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Cumming, GA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 2,227 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Cumming, GA
As of 2024, the percent of homes in Cumming, GA under the Section 8 program is 1.3%. 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 Cumming, 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 | 107 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,610 | $1,950 |
| 2 Bedroom | $340 | $1,820 | $2,160 |
| 3 Bedroom | $320 | $2,280 | $2,600 |
| 4 Bedroom | $430 | $2,700 | $3,130 |
Affordability — Cumming, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $593,000 |
| Median Household Income | $133,000 |