Thomaston, GA—30286
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thomaston, GA
As of Oct '25, the median home price in Thomaston, GA is $177,000, with a year-over-year change of -0.1%. This indicates that home prices in Thomaston, GA are flat. According to Zillow, the 1-year price projection is 6.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $177,000 | -0.1% |
| Single Family | $178,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $75,000 | -2.6% |
2 Bed | $123,000 | -3.1% |
3 Bed | $217,000 | 3.8% |
4 Bed | $321,000 | 3.5% |
| 5 Bed | $430,000 | 3.1% |
% of Housing Stock
Rental Trends — Thomaston, GA
As of July '25, Rentcast reports the average rent in Thomaston, GA is $1,480, with a year-over-year rent change of 25.4%. Per bedroom, the median rent as of July '25 in Thomaston, GA is 2-bedrooms: $875, 3-bedrooms: $1,390, 4-bedrooms: $3,040. The most common rental property sizes in Thomaston, GA are 2-bedroom and 3-bedroom, accounting for 36.3% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $875 |
| 3 Bed Rent | $1,500 | $1,390 |
| 4 Bed Rent | $3,040 | $3,040 |
% of Rental Stock
Property Listings — Thomaston, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Thomaston, GA is 92. This is a increase of 64.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | 11.0% |
Listing Count | 135 | 15.0% |
| Listings as % of Homes | 1.0% | 15.0% |
Days on Market | 92 | 64.0% |
Demographics — Thomaston, GA
As of the latest ACS Survey released in 2023, Thomaston, GA has a population of 24,600, which has increased by 11.5% over the past 5 years. Thomaston, GA is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,600 | 11.5% |
% Under 18 | 23.6% | -0.4% |
% Seniors | 17.7% | -2.2% |
% WFH | 3.0% | 172.7% |
% w/ College Degree | 15.3% | 6.2% |
As of the latest ACS Survey released in 2023, Thomaston, GA is a predominantly white area, with 65.5% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Thomaston, GA is black, making up 27.1% of the population. Foreign-born residents account for 2.0% of the population in Thomaston, GA, and this percentage has increased by 11.1% 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 | 65.5% | -0.2% |
% Black | 27.1% | -9.1% |
% Hispanic | 2.6% | -3.7% |
% Asian | 0.4% | 0.0% |
% Foreign Born | 2.0% | 11.1% |
Mortgage and Risk — Thomaston, GA
According to HUD data as of 2023, there were 431 mortgage originations in Thomaston, GA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Thomaston, GA. Investor activity is low, as 12.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 431 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Thomaston, GA
Thomaston, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 568 |
Total Units Section 8 | 273 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | $60 | $850 | $910 |
| 3 Bedroom | -$300 | $1,500 | $1,200 |
| 4 Bedroom | -$1,840 | $3,040 | $1,200 |
Affordability — Thomaston, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $177,000 |
| Median Household Income | $50,500 |