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Experiment, GA—30223

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$208,000
2.7% YoY Growth
Household Income
$56,900
44.7% YoY Growth
Days on Market
71
11.0% Longer YoY
Home Price Forecast
-0.5%
Median Rent
$1,250
1.5% YoY Growth
1-Bed Rent
$1,170
8.8% YoY Growth
2-Bed Rent
$1,250
1.6% YoY Growth
3-Bed Rent
$1,450
3.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Experiment, GA

As of May '26, the median home price in Experiment, GA is $208,000, with a year-over-year change of -2.7%. This indicates that home prices in Experiment, GA are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$208,000-2.7%
Single Family $209,000-2.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $76,000
    -13.6%
    2 Bed
    		$125,000-6.7%
    3 Bed
    		$208,000-2.3%
    4 Bed
    		$307,000-1.3%
    5 Bed $387,2360.2%
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    5.5%
    2 Bedrooms
    31.3%
    3 Bedrooms
    50.0%
    4 Bedrooms
    10.4%
    5+ Bedrooms
    2.6%

    Rental Trends — Experiment, GA

    As of July '25, Rentcast reports the average rent in Experiment, GA is $1,340, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Experiment, GA is studios: $947, 1-bedrooms: $1,040, 2-bedrooms: $1,220, 3-bedrooms: $1,560, 4-bedrooms: $2,130. The most common rental property sizes in Experiment, GA are 2-bedroom and 3-bedroom, accounting for 43.2% and 34.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,250$1,340
    Studio Rent $750$947
    1 Bed Rent $1,170$1,040
    2 Bed Rent $1,250$1,220
    3 Bed Rent $1,450$1,560
    4 Bed Rent $2,100$2,130
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    % of Rental Stock

    Studio
    0.5%
    1 Bedroom
    13.3%
    2 Bedrooms
    43.2%
    3 Bedrooms
    34.1%
    4 Bedrooms
    8.6%
    5+ Bedrooms
    0.3%

    Property Listings — Experiment, GA

    As of May '26, Realtor.com reports that the median days on market for a home in Experiment, GA is 71. This is a increase of 11.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$312,0007.0%
    Listing Count
    		2629.0%
    Listings as % of Homes1.2%9.0%
    Days on Market
    		7111.0%
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    Demographics — Experiment, GA

    As of the latest ACS Survey released in 2023, Experiment, GA has a population of 37,100, which has remained stable by 0.4% over the past 5 years. Experiment, GA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		37,1000.4%
    % Under 18
    		22.7%1.3%
    % Seniors
    		21.1%14.1%
    % WFH
    		7.9%464.3%
    % w/ College Degree
    		14.9%14.6%
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    As of the latest ACS Survey released in 2023, Experiment, GA is a predominantly white area, with 50.3% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Experiment, GA is black, making up 38.5% of the population. Foreign-born residents account for 4.0% of the population in Experiment, GA, and this percentage has increased by 21.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		50.3%-4.4%
    % Black
    		38.5%0.0%
    % Hispanic
    		6.8%13.3%
    % Asian
    		1.1%120.0%
    % Foreign Born
    		4.0%21.2%
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    Mortgage and Risk — Experiment, GA

    According to HUD data as of 2023, there were 816 mortgage originations in Experiment, GA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Experiment, GA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		816
    % Conventional Loans
    		56.0%
    % Government Loans
    		44.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		13.0%
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    Rentals and Section 8 — Experiment, GA

    As of 2024, the percent of homes in Experiment, GA under the Section 8 program is 14.4%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Experiment, GA, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		763
    Total Units Section 8
    		761
    % Rentals under Section 8
    		14.4%
    % Occupied Section 8
    		81.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$10$1,170$1,160
    2 Bedroom$30$1,250$1,280
    3 Bedroom$90$1,450$1,540
    4 Bedroom-$240$2,100$1,860

    Affordability — Experiment, GA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$208,000
    Median Household Income$56,900

    Experiment, GA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Griffin, GA

    30224

    Hampton, GA

    30228

    Lovejoy

    30250

    Williamson, GA

    30292

    Milner, GA

    30257

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