Stone Mountain, GA 30087 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Stone Mountain, GA—30087

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$352,000

3.9% YoY Growth

Household Income

$89,500

22.9% YoY Growth

Days on Market

56

8.0% Shorter YoY

Home Price Forecast

-0.4%

Median Rent

$2,000

0.0% YoY Growth

1-Bed Rent

$1,030

9.7% YoY Growth

2-Bed Rent

$1,600

17.8% YoY Growth

3-Bed Rent

$1,960

0.0% YoY Growth

Other Zip Codes in Stone Mountain, GA

Home Price Trends — Stone Mountain, GA

As of May '26, the median home price in Stone Mountain, GA is $352,000, with a year-over-year change of -3.9%. This indicates that home prices in Stone Mountain, 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	$352,000	-3.9%
Single Family	$354,000	-3.5%
Condos	$284,000	-6.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Stone Mountain, GA

As of July '25, Rentcast reports the average rent in Stone Mountain, GA is $2,090, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Stone Mountain, GA is studios: $1,260, 1-bedrooms: $1,120, 2-bedrooms: $1,720, 3-bedrooms: $2,010, 4-bedrooms: $2,500. The most common rental property sizes in Stone Mountain, GA are 3-bedroom and 2-bedroom, accounting for 37.2% and 26.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,090
Studio Rent	$1,260	$1,260
1 Bed Rent	$1,030	$1,120
2 Bed Rent	$1,600	$1,720
3 Bed Rent	$1,960	$2,010
4 Bed Rent	$2,330	$2,500

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% of Rental Stock

Studio

1.3%

1 Bedroom

7.5%

2 Bedrooms

26.7%

3 Bedrooms

37.2%

4 Bedrooms

15.9%

5+ Bedrooms

11.5%

Property Listings — Stone Mountain, GA

As of May '26, Realtor.com reports that the median days on market for a home in Stone Mountain, GA is 56. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$390,000	4.0%
Listing Count	178	12.0%
Listings as % of Homes	0.8%	12.0%
Days on Market	56	-8.0%

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Demographics — Stone Mountain, GA

As of the latest ACS Survey released in 2023, Stone Mountain, GA has a population of 37,600, which has decreased by -6.1% over the past 5 years. Stone Mountain, GA is a moderately popular place for families, as children make up 19.8% of the population. The area has a highly educated workforce, with 45.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	37,600	-6.1%
% Under 18	19.8%	-13.9%
% Seniors	19.8%	21.5%
% WFH	17.6%	147.9%
% w/ College Degree	45.2%	3.7%

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As of the latest ACS Survey released in 2023, Stone Mountain, GA is a predominantly black area, with 62.2% of the population identifying as black. The black population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Stone Mountain, GA is white, making up 22.3% of the population. Foreign-born residents account for 14.0% of the population in Stone Mountain, GA, and this percentage has decreased by 9.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	22.3%	-16.2%
% Black	62.2%	-2.2%
% Hispanic	4.6%	-9.8%
% Asian	5.8%	70.6%
% Foreign Born	14.0%	-9.1%

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Mortgage and Risk — Stone Mountain, GA

According to HUD data as of 2023, there were 320 mortgage originations in Stone Mountain, GA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Stone Mountain, GA. Investor activity is low, as 1.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	320
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	27.0%

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Rentals and Section 8 — Stone Mountain, GA

As of 2024, the percent of homes in Stone Mountain, GA under the Section 8 program is 9.5%. 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 Stone Mountain, 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	185
Total Units Section 8	184
% Rentals under Section 8	9.5%
% Occupied Section 8	77.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$800	$1,030	$1,830
2 Bedroom	$430	$1,600	$2,030
3 Bedroom	$490	$1,960	$2,450
4 Bedroom	$610	$2,330	$2,940