Gay, GA—30218
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gay, GA
As of Oct '25, the median home price in Gay, GA is $262,000, with a year-over-year change of -0.0%. This indicates that home prices in Gay, GA are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $262,000 | -0.0% |
| Single Family | $263,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $246,000 | -0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gay, GA
Gay, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gay, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Gay, GA is 106. This is a increase of 29.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | 11.0% |
Listing Count | 11 | 45.0% |
| Listings as % of Homes | 1.0% | 45.0% |
Days on Market | 106 | 29.0% |
Demographics — Gay, GA
As of the latest ACS Survey released in 2023, Gay, GA has a population of 1,720, which has increased by 5.7% over the past 5 years. Gay, GA is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,720 | 5.7% |
% Under 18 | 20.9% | -20.2% |
% Seniors | 21.0% | 7.7% |
% WFH | 5.0% | -10.7% |
% w/ College Degree | 16.7% | 33.6% |
As of the latest ACS Survey released in 2023, Gay, GA is a predominantly white area, with 61.2% of the population identifying as white. The white population has shrunk by 20.8% in the last 5 years. The second most common race or ethnicity in Gay, GA is black, making up 20.6% of the population. Foreign-born residents account for 2.4% of the population in Gay, GA, and this percentage has increased by 500.0% 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 | 61.2% | -20.8% |
% Black | 20.6% | 7.3% |
% Hispanic | 16.2% | 1,925.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.4% | 500.0% |
Mortgage and Risk — Gay, GA
According to HUD data as of 2023, there were 172 mortgage originations in Gay, GA, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Gay, GA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 172 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Gay, GA
Gay, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,050 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | N/A | N/A | $1,930 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Gay, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $262,000 |
| Median Household Income | $62,400 |