Lithonia, GA—30058
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Lithonia, GA
Home Price Trends — Lithonia, GA
As of Oct '25, the median home price in Lithonia, GA is $248,000, with a year-over-year change of -6.3%. This indicates that home prices in Lithonia, GA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | -6.3% |
| Single Family | $250,000 | -6.4% |
| Condos | $159,000 | -8.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | -9.4% |
3 Bed | $237,000 | -7.1% |
4 Bed | $290,000 | -5.2% |
| 5 Bed | $336,000 | -5.9% |
% of Housing Stock
Rental Trends — Lithonia, GA
As of July '25, Rentcast reports the average rent in Lithonia, GA is $1,760, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Lithonia, GA is studios: $1,250, 1-bedrooms: $1,090, 2-bedrooms: $1,530, 3-bedrooms: $1,870, 4-bedrooms: $2,130. The most common rental property sizes in Lithonia, GA are 2-bedroom and 3-bedroom, accounting for 33.7% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,740 | $1,760 |
| Studio Rent | $1,250 | $1,250 |
| 1 Bed Rent | $1,180 | $1,090 |
| 2 Bed Rent | $1,550 | $1,530 |
| 3 Bed Rent | $1,820 | $1,870 |
| 4 Bed Rent | $2,100 | $2,130 |
% of Rental Stock
Property Listings — Lithonia, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lithonia, GA is 72. This is a increase of 33.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -13.0% |
Listing Count | 452 | 9.0% |
| Listings as % of Homes | 0.9% | 9.0% |
Days on Market | 72 | 33.0% |
Demographics — Lithonia, GA
As of the latest ACS Survey released in 2023, Lithonia, GA has a population of 63,400, which has increased by 10.0% over the past 5 years. Lithonia, GA is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 29.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 63,400 | 10.0% |
% Under 18 | 24.2% | -11.0% |
% Seniors | 12.1% | 53.2% |
% WFH | 13.2% | 153.8% |
% w/ College Degree | 29.5% | 4.6% |
As of the latest ACS Survey released in 2023, Lithonia, GA is a predominantly black area, with 91.6% of the population identifying as black. The black population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Lithonia, GA is hispanic, making up 3.5% of the population. Foreign-born residents account for 11.9% of the population in Lithonia, GA, and this percentage has increased by 11.2% 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 | 3.2% | 45.5% |
% Black | 91.6% | -1.2% |
% Hispanic | 3.5% | 29.6% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 11.9% | 11.2% |
Mortgage and Risk — Lithonia, GA
According to HUD data as of 2023, there were 518 mortgage originations in Lithonia, GA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Lithonia, GA. Investor activity is low, as 2.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 518 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Lithonia, GA
As of 2024, the percent of homes in Lithonia, GA under the Section 8 program is 15.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lithonia, 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 | 1,593 |
Total Units Section 8 | 1,414 |
% Rentals under Section 8 | 15.3% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $1,180 | $1,670 |
| 2 Bedroom | $300 | $1,550 | $1,850 |
| 3 Bedroom | $410 | $1,820 | $2,230 |
| 4 Bedroom | $580 | $2,100 | $2,680 |
Affordability — Lithonia, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $248,000 |
| Median Household Income | $62,600 |