Snellville, GA—30078
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Snellville, GA
Home Price Trends — Snellville, GA
As of Oct '25, the median home price in Snellville, GA is $371,000, with a year-over-year change of -3.4%. This indicates that home prices in Snellville, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $371,000 | -3.4% |
| Single Family | $372,000 | -3.6% |
| Condos | $288,000 | -3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $296,000 | 0.0% |
3 Bed | $331,000 | -3.5% |
4 Bed | $397,000 | -3.4% |
| 5 Bed | $624,000 | -1.3% |
% of Housing Stock
Rental Trends — Snellville, GA
As of July '25, Rentcast reports the average rent in Snellville, GA is $2,020, with a year-over-year rent change of -6.9%. Per bedroom, the median rent as of July '25 in Snellville, GA is 1-bedrooms: $1,650, 2-bedrooms: $1,750, 3-bedrooms: $2,060, 4-bedrooms: $2,350. The most common rental property sizes in Snellville, GA are 2-bedroom and 3-bedroom, accounting for 41.4% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,040 | $2,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,680 | $1,650 |
| 2 Bed Rent | $1,550 | $1,750 |
| 3 Bed Rent | $2,040 | $2,060 |
| 4 Bed Rent | $2,300 | $2,350 |
% of Rental Stock
Property Listings — Snellville, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Snellville, GA is 61. 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $412,000 | -4.0% |
Listing Count | 228 | 39.0% |
| Listings as % of Homes | 1.0% | 39.0% |
Days on Market | 61 | 15.0% |
Demographics — Snellville, GA
As of the latest ACS Survey released in 2023, Snellville, GA has a population of 41,000, which has increased by 14.6% over the past 5 years. Snellville, GA is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,000 | 14.6% |
% Under 18 | 23.3% | -9.0% |
% Seniors | 13.6% | 3.8% |
% WFH | 17.0% | 174.2% |
% w/ College Degree | 42.0% | 16.7% |
As of the latest ACS Survey released in 2023, Snellville, GA is a predominantly black area, with 36.5% of the population identifying as black. The black population has grown by 9.0% in the last 5 years. The second most common race or ethnicity in Snellville, GA is white, making up 35.0% of the population. Foreign-born residents account for 25.2% of the population in Snellville, GA, and this percentage has increased by 28.6% 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 | 35.0% | -17.1% |
% Black | 36.5% | 9.0% |
% Hispanic | 12.7% | -9.3% |
% Asian | 12.9% | 67.5% |
% Foreign Born | 25.2% | 28.6% |
Mortgage and Risk — Snellville, GA
According to HUD data as of 2023, there were 217 mortgage originations in Snellville, GA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Snellville, GA. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 217 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Snellville, GA
As of 2024, the percent of homes in Snellville, GA under the Section 8 program is 17.1%. 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 Snellville, 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 | 440 |
Total Units Section 8 | 432 |
% Rentals under Section 8 | 17.1% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,680 | $1,890 |
| 2 Bedroom | $540 | $1,550 | $2,090 |
| 3 Bedroom | $480 | $2,040 | $2,520 |
| 4 Bedroom | $730 | $2,300 | $3,030 |
Affordability — Snellville, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $371,000 |
| Median Household Income | $90,100 |