Downtown, Atlanta, GA—30303
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Downtown, Atlanta, GA
As of Oct '25, the median home price in Downtown, Atlanta, GA is $209,000, with a year-over-year change of -14.0%. This indicates that home prices in Downtown, Atlanta, GA are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | -14.0% |
| Single Family | N/A | N/A |
| Condos | $197,000 | -14.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $182,000 | -15.7% |
2 Bed | $238,000 | -15.3% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Downtown, Atlanta, GA
As of July '25, Rentcast reports the average rent in Downtown, Atlanta, GA is $1,760, with a year-over-year rent change of -7.4%. Per bedroom, the median rent as of July '25 in Downtown, Atlanta, GA is studios: $1,770, 1-bedrooms: $1,610, 2-bedrooms: $2,090. The most common rental property sizes in Downtown, Atlanta, GA are 2-bedroom and 1-bedroom, accounting for 40.1% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,760 |
| Studio Rent | $1,280 | $1,770 |
| 1 Bed Rent | $1,600 | $1,610 |
| 2 Bed Rent | $2,040 | $2,090 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Downtown, Atlanta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Downtown, Atlanta, GA is 129. This is a increase of 25.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -8.0% |
Listing Count | 32 | -4.0% |
| Listings as % of Homes | 1.1% | -4.0% |
Days on Market | 129 | 25.0% |
Demographics — Downtown, Atlanta, GA
As of the latest ACS Survey released in 2023, Downtown, Atlanta, GA has a population of 6,470, which has decreased by -3.6% over the past 5 years. Downtown, Atlanta, GA is a less popular place for families, as children make up 0.8% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,470 | -3.6% |
% Under 18 | 0.8% | -46.7% |
% Seniors | 3.5% | 12.9% |
% WFH | 23.3% | 130.7% |
% w/ College Degree | 25.5% | 2.8% |
As of the latest ACS Survey released in 2023, Downtown, Atlanta, GA is a predominantly black area, with 52.0% of the population identifying as black. The black population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Downtown, Atlanta, GA is white, making up 28.7% of the population. Foreign-born residents account for 9.4% of the population in Downtown, Atlanta, GA, and this percentage has increased by 36.2% 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 | 28.7% | 8.7% |
% Black | 52.0% | -12.6% |
% Hispanic | 7.5% | 2.7% |
% Asian | 9.2% | 100.0% |
% Foreign Born | 9.4% | 36.2% |
Mortgage and Risk — Downtown, Atlanta, GA
According to HUD data as of 2023, there were 26 mortgage originations in Downtown, Atlanta, GA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 213.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Downtown, Atlanta, GA. Investor activity is low, as 8.0% 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 | 26 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 8.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Downtown, Atlanta, GA
Downtown, Atlanta, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 298 |
Total Units Section 8 | 298 |
% Rentals under Section 8 | 25.4% |
% Occupied Section 8 | 82.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $1,600 | $1,930 |
| 2 Bedroom | $100 | $2,040 | $2,140 |
| 3 Bedroom | N/A | N/A | $2,580 |
| 4 Bedroom | N/A | N/A | $3,100 |
Affordability — Downtown, Atlanta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.2 |
| Median Home Price | $209,000 |
| Median Household Income | N/A |