Forest Park, GA 30297 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Forest Park, GA—30297

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$168,000

8.5% YoY Growth

Household Income

$46,000

34.1% YoY Growth

Days on Market

23.0% Longer YoY

Home Price Forecast

-0.4%

Median Rent

$1,350

12.2% YoY Growth

1-Bed Rent

$651

21.0% YoY Growth

2-Bed Rent

$1,250

6.6% YoY Growth

3-Bed Rent

$1,580

5.3% YoY Growth

Home Price Trends — Forest Park, GA

As of May '26, the median home price in Forest Park, GA is $168,000, with a year-over-year change of -8.5%. This indicates that home prices in Forest Park, GA are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$168,000	-8.5%
Single Family	$169,000	-7.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Forest Park, GA

As of July '25, Rentcast reports the average rent in Forest Park, GA is $1,300, with a year-over-year rent change of -12.2%. Per bedroom, the median rent as of July '25 in Forest Park, GA is 1-bedrooms: $759, 2-bedrooms: $1,300, 3-bedrooms: $1,580, 4-bedrooms: $1,760. The most common rental property sizes in Forest Park, GA are 2-bedroom and 3-bedroom, accounting for 41.3% and 31.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,350	$1,300
Studio Rent	N/A	N/A
1 Bed Rent	$651	$759
2 Bed Rent	$1,250	$1,300
3 Bed Rent	$1,580	$1,580
4 Bed Rent	$1,720	$1,760

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% of Rental Stock

Studio

3.5%

1 Bedroom

16.3%

2 Bedrooms

41.3%

3 Bedrooms

31.6%

4 Bedrooms

6.7%

5+ Bedrooms

0.5%

Property Listings — Forest Park, GA

As of May '26, Realtor.com reports that the median days on market for a home in Forest Park, GA is 72. This is a increase of 23.0% 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	$215,000	-2.0%
Listing Count	92	4.0%
Listings as % of Homes	0.6%	4.0%
Days on Market	72	23.0%

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Demographics — Forest Park, GA

As of the latest ACS Survey released in 2023, Forest Park, GA has a population of 28,900, which has increased by 2.9% over the past 5 years. Forest Park, GA is a popular place for families, as children make up 28.5% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,900	2.9%
% Under 18	28.5%	-8.9%
% Seniors	11.0%	23.6%
% WFH	6.5%	80.6%
% w/ College Degree	13.2%	34.7%

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As of the latest ACS Survey released in 2023, Forest Park, GA is a predominantly black area, with 52.9% of the population identifying as black. The black population has grown by 9.5% in the last 5 years. The second most common race or ethnicity in Forest Park, GA is hispanic, making up 27.1% of the population. Foreign-born residents account for 17.8% of the population in Forest Park, GA, and this percentage has decreased by 2.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	10.3%	-28.5%
% Black	52.9%	9.5%
% Hispanic	27.1%	-9.4%
% Asian	6.3%	23.5%
% Foreign Born	17.8%	-2.7%

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Mortgage and Risk — Forest Park, GA

According to HUD data as of 2023, there were 256 mortgage originations in Forest Park, GA, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Forest Park, GA. Investor activity is low, as 6.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	256
% Conventional Loans	55.0%
% Government Loans	45.0%
% Investor Loans	6.0%
% Second Loans	1.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — Forest Park, GA

As of 2024, the percent of homes in Forest Park, GA under the Section 8 program is 3.5%. 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 Forest Park, 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	245
Total Units Section 8	197
% Rentals under Section 8	3.5%
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$569	$651	$1,220
2 Bedroom	$100	$1,250	$1,350
3 Bedroom	$50	$1,580	$1,630
4 Bedroom	$240	$1,720	$1,960

Forest Park, GA—30297

Key Metrics at a Glance

Home Price Trends — Forest Park, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Forest Park, GA

% of Rental Stock

Property Listings — Forest Park, GA

Demographics — Forest Park, GA

Race and Ethnicity

Mortgage and Risk — Forest Park, GA

Mortgages

Rentals and Section 8 — Forest Park, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Forest Park, GA

Home Price to Income Ratio

Forest Park, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Hapeville, Atlanta, GA

Morrow, GA

Conley, GA

Riverdale, GA

College Park, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$168,000
Median Household Income	$46,000

Forest Park, GA—30297

Key Metrics at a Glance

Home Price Trends — Forest Park, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Forest Park, GA

% of Rental Stock

Property Listings — Forest Park, GA

Demographics — Forest Park, GA

Race and Ethnicity

Mortgage and Risk — Forest Park, GA

Mortgages

Rentals and Section 8 — Forest Park, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Forest Park, GA

Home Price to Income Ratio

Forest Park, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Hapeville, Atlanta, GA

Morrow, GA

Conley, GA

Riverdale, GA

College Park, GA

Frequently Asked Questions

What is the average home price in Forest Park, GA 30297?

How have home prices in Forest Park, GA 30297 changed over the past year?

What is the home price projection for Forest Park, GA 30297?

What are the demographics of Forest Park, GA 30297?

How long does it take homes to sell in Forest Park, GA 30297?

What is the average rent price in Forest Park, GA 30297?