Fairmount, GA—30139
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairmount, GA
As of Oct '25, the median home price in Fairmount, GA is $296,000, with a year-over-year change of -1.6%. This indicates that home prices in Fairmount, GA are decreasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $296,000 | -1.6% |
| Single Family | $297,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | -1.5% |
3 Bed | $304,000 | -0.3% |
4 Bed | $438,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairmount, GA
As of July '25, Rentcast reports the average rent in Fairmount, GA is $1,400, with a year-over-year rent change of -17.6%. Per bedroom, the median rent as of July '25 in Fairmount, GA is 2-bedrooms: $1,400. The most common rental property sizes in Fairmount, GA are 2-bedroom and 3-bedroom, accounting for 32.7% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fairmount, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairmount, GA is 82. This is a increase of 84.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $369,000 | 1.0% |
Listing Count | 23 | 40.0% |
| Listings as % of Homes | 1.0% | 40.0% |
Days on Market | 82 | 84.0% |
Demographics — Fairmount, GA
As of the latest ACS Survey released in 2023, Fairmount, GA has a population of 4,610, which has increased by 11.2% over the past 5 years. Fairmount, GA is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 11.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,610 | 11.2% |
% Under 18 | 22.1% | 0.0% |
% Seniors | 20.0% | 53.8% |
% WFH | 2.1% | -27.6% |
% w/ College Degree | 11.5% | -18.4% |
As of the latest ACS Survey released in 2023, Fairmount, GA is a predominantly white area, with 90.5% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Fairmount, GA is black, making up 5.4% of the population. Foreign-born residents account for 2.2% of the population in Fairmount, GA, and this percentage has increased by 2100.0% 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 | 90.5% | 0.4% |
% Black | 5.4% | 92.9% |
% Hispanic | 1.9% | 375.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.2% | 2,100.0% |
Mortgage and Risk — Fairmount, GA
According to HUD data as of 2023, there were 158 mortgage originations in Fairmount, GA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Fairmount, GA. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 158 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Fairmount, GA
Fairmount, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | -$210 | $1,400 | $1,190 |
| 3 Bedroom | N/A | N/A | $1,560 |
| 4 Bedroom | N/A | N/A | $1,820 |
Affordability — Fairmount, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $296,000 |
| Median Household Income | $62,200 |