Powder Springs, GA—30127
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Powder Springs, GA
As of Oct '25, the median home price in Powder Springs, GA is $363,000, with a year-over-year change of -3.7%. This indicates that home prices in Powder Springs, GA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | -3.7% |
| Single Family | $366,000 | -3.7% |
| Condos | $280,000 | -3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $272,000 | -3.9% |
3 Bed | $311,000 | -4.0% |
4 Bed | $408,000 | -3.3% |
| 5 Bed | $569,000 | -2.2% |
% of Housing Stock
Rental Trends — Powder Springs, GA
As of July '25, Rentcast reports the average rent in Powder Springs, GA is $2,140, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Powder Springs, GA is 1-bedrooms: $1,500, 2-bedrooms: $1,550, 3-bedrooms: $1,980, 4-bedrooms: $2,370. The most common rental property sizes in Powder Springs, GA are 3-bedroom and 4-bedroom, accounting for 60.4% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,070 | $2,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,530 | $1,500 |
| 2 Bed Rent | $1,450 | $1,550 |
| 3 Bed Rent | $1,920 | $1,980 |
| 4 Bed Rent | $2,280 | $2,370 |
% of Rental Stock
Property Listings — Powder Springs, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Powder Springs, GA is 44. This is a increase of 10.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $398,000 | -4.0% |
Listing Count | 367 | 1.0% |
| Listings as % of Homes | 1.0% | 1.0% |
Days on Market | 44 | 10.0% |
Demographics — Powder Springs, GA
As of the latest ACS Survey released in 2023, Powder Springs, GA has a population of 72,100, which has increased by 6.6% over the past 5 years. Powder Springs, GA is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 72,100 | 6.6% |
% Under 18 | 22.5% | -11.8% |
% Seniors | 14.1% | 31.8% |
% WFH | 17.4% | 167.7% |
% w/ College Degree | 39.8% | 6.7% |
As of the latest ACS Survey released in 2023, Powder Springs, GA is a predominantly black area, with 45.3% of the population identifying as black. The black population has grown by 6.1% in the last 5 years. The second most common race or ethnicity in Powder Springs, GA is white, making up 37.4% of the population. Foreign-born residents account for 12.0% of the population in Powder Springs, GA, and this percentage has increased by 8.1% 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 | 37.4% | -14.4% |
% Black | 45.3% | 6.1% |
% Hispanic | 10.8% | 18.7% |
% Asian | 1.5% | -21.1% |
% Foreign Born | 12.0% | 8.1% |
Mortgage and Risk — Powder Springs, GA
According to HUD data as of 2023, there were 1162 mortgage originations in Powder Springs, GA, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Powder Springs, GA. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,162 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Powder Springs, GA
As of 2024, the percent of homes in Powder Springs, GA under the Section 8 program is 6.0%. 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 Powder Springs, 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 | 232 |
Total Units Section 8 | 230 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $1,530 | $1,920 |
| 2 Bedroom | $680 | $1,450 | $2,130 |
| 3 Bedroom | $650 | $1,920 | $2,570 |
| 4 Bedroom | $810 | $2,280 | $3,090 |
Affordability — Powder Springs, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $363,000 |
| Median Household Income | $105,000 |