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Stone Mountain, GA—30087

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$342,000
4.2% YoY Growth
Household Income
$89,500
22.9% YoY Growth
Days on Market
76
9.0% Longer YoY
Home Price Forecast
1.3%
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

3008830083
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Stone Mountain, GA

As of Dec '25, the median home price in Stone Mountain, GA is $342,000, with a year-over-year change of -4.2%. This indicates that home prices in Stone Mountain, GA are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$342,000-4.2%
Single Family $344,000-4.2%
Condos $290,000-6.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$203,000-6.5%
    3 Bed
    		$299,000-4.2%
    4 Bed
    		$368,000-4.4%
    5 Bed $456,817-3.7%
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    1.1%
    2 Bedrooms
    7.2%
    3 Bedrooms
    37.7%
    4 Bedrooms
    37.9%
    5+ Bedrooms
    15.6%

    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.

    TypeMedian RentAverage 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 Dec '25, Realtor.com reports that the median days on market for a home in Stone Mountain, GA is 63. This is a increase of 8.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$350,000-6.0%
    Listing Count
    		1341.0%
    Listings as % of Homes0.8%1.0%
    Days on Market
    		769.0%
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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.

    MetricLatest CensusYoY % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax 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

    Affordability — Stone Mountain, GA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.9
    Median Home Price$342,000
    Median Household Income$89,500

    Stone Mountain, GA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    30083

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    Frequently Asked Questions