McDonough, GA—30253
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in McDonough, GA
Home Price Trends — McDonough, GA
As of Oct '25, the median home price in McDonough, GA is $313,000, with a year-over-year change of -4.3%. This indicates that home prices in McDonough, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $313,000 | -4.3% |
| Single Family | $314,000 | -4.3% |
| Condos | $254,000 | -4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $225,000 | -6.6% |
3 Bed | $273,000 | -4.9% |
4 Bed | $332,000 | -4.0% |
| 5 Bed | $396,000 | -3.9% |
% of Housing Stock
Rental Trends — McDonough, GA
As of July '25, Rentcast reports the average rent in McDonough, GA is $2,030, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in McDonough, GA is studios: $1,330, 1-bedrooms: $1,410, 2-bedrooms: $1,700, 3-bedrooms: $1,990, 4-bedrooms: $2,360. The most common rental property sizes in McDonough, GA are 3-bedroom and 2-bedroom, accounting for 35.2% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,030 |
| Studio Rent | $1,250 | $1,330 |
| 1 Bed Rent | $1,460 | $1,410 |
| 2 Bed Rent | $1,690 | $1,700 |
| 3 Bed Rent | $1,920 | $1,990 |
| 4 Bed Rent | $2,300 | $2,360 |
% of Rental Stock
Property Listings — McDonough, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in McDonough, GA is 71. This is a increase of 40.0% 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 | $353,000 | 3.0% |
Listing Count | 410 | -4.0% |
| Listings as % of Homes | 1.1% | -4.0% |
Days on Market | 71 | 40.0% |
Demographics — McDonough, GA
As of the latest ACS Survey released in 2023, McDonough, GA has a population of 64,100, which has increased by 16.2% over the past 5 years. McDonough, GA is a popular place for families, as children make up 26.9% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 64,100 | 16.2% |
% Under 18 | 26.9% | 4.3% |
% Seniors | 10.4% | -6.3% |
% WFH | 15.3% | 121.7% |
% w/ College Degree | 30.0% | 3.4% |
As of the latest ACS Survey released in 2023, McDonough, GA is a predominantly black area, with 61.9% of the population identifying as black. The black population has grown by 20.0% in the last 5 years. The second most common race or ethnicity in McDonough, GA is white, making up 22.2% of the population. Foreign-born residents account for 10.2% of the population in McDonough, GA, and this percentage has increased by 14.6% 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 | 22.2% | -35.1% |
% Black | 61.9% | 20.0% |
% Hispanic | 6.6% | 6.5% |
% Asian | 3.3% | -31.2% |
% Foreign Born | 10.2% | 14.6% |
Mortgage and Risk — McDonough, GA
According to HUD data as of 2023, there were 1055 mortgage originations in McDonough, GA, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in McDonough, 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 | 1,055 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — McDonough, GA
As of 2024, the percent of homes in McDonough, GA under the Section 8 program is 5.6%. 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 McDonough, 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 | 677 |
Total Units Section 8 | 559 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,460 | $1,620 |
| 2 Bedroom | $100 | $1,690 | $1,790 |
| 3 Bedroom | $240 | $1,920 | $2,160 |
| 4 Bedroom | $300 | $2,300 | $2,600 |
Affordability — McDonough, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $313,000 |
| Median Household Income | $81,600 |