Buchanan, GA30113

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$271,000
0.8% YoY Growth
Median Household Income
$62,500
38.3% 5-Year Growth
Days on Market
62
15.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$1,000
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,000
N/A
3-Bed Rent
N/A
N/A

Property Listings — Buchanan, GA

As of Oct '25, Realtor.com reports that the median days on market for a home in Buchanan, GA is 62. 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$437,00040.0%
Listing Count
36-16.0%
Listings as % of Homes0.7%-16.0%
Days on Market
6215.0%
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Demographics — Buchanan, GA

As of the latest ACS Survey released in 2023, Buchanan, GA has a population of 5,940, which has decreased by -10.7% over the past 5 years. Buchanan, GA is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,940-10.7%
% Under 18
20.8%-21.8%
% Seniors
15.6%-15.2%
% WFH
12.5%278.8%
% w/ College Degree
14.4%65.5%
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As of the latest ACS Survey released in 2023, Buchanan, GA is a predominantly white area, with 95.1% of the population identifying as white. The white population has grown by 2.5% in the last 5 years. The second most common race or ethnicity in Buchanan, GA is black, making up 1.5% of the population. Foreign-born residents account for 0.5% of the population in Buchanan, GA, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.1%2.5%
% Black
1.5%-40.0%
% Hispanic
1.3%44.4%
% Asian
0.0%-100.0%
% Foreign Born
0.5%-80.0%
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Mortgage and Risk — Buchanan, GA

According to HUD data as of 2023, there were 118 mortgage originations in Buchanan, GA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Buchanan, GA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
118
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Buchanan, GA

Buchanan, GA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
48
Total Units Section 8
2
% Rentals under Section 8
0.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$900
2 Bedroom$180$1,000$1,180
3 BedroomN/AN/A$1,530
4 Bedroom$440$1,450$1,890

Affordability — Buchanan, GA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$271,000
Median Household Income$62,500

Buchanan, GA — ZIP Code Boundary Map

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Frequently Asked Questions