Midtown, Atlanta, GA—30308
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Midtown, Atlanta, GA
Home Price Trends — Midtown, Atlanta, GA
As of Oct '25, the median home price in Midtown, Atlanta, GA is $331,000, with a year-over-year change of -6.7%. This indicates that home prices in Midtown, 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 | $331,000 | -6.7% |
| Single Family | $666,000 | -5.3% |
| Condos | $290,000 | -7.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $251,000 | -8.7% |
2 Bed | $423,000 | -5.4% |
3 Bed | $761,000 | -5.0% |
4 Bed | $1,032,000 | -3.1% |
| 5 Bed | $1,311,000 | -1.9% |
% of Housing Stock
Rental Trends — Midtown, Atlanta, GA
As of July '25, Rentcast reports the average rent in Midtown, Atlanta, GA is $2,250, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Midtown, Atlanta, GA is studios: $1,510, 1-bedrooms: $1,890, 2-bedrooms: $2,820, 3-bedrooms: $3,430, 4-bedrooms: $5,080. The most common rental property sizes in Midtown, Atlanta, GA are 1-bedroom and 2-bedroom, accounting for 57.0% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,990 | $2,250 |
| Studio Rent | $1,420 | $1,510 |
| 1 Bed Rent | $1,750 | $1,890 |
| 2 Bed Rent | $2,680 | $2,820 |
| 3 Bed Rent | $3,300 | $3,430 |
| 4 Bed Rent | $4,900 | $5,080 |
% of Rental Stock
Property Listings — Midtown, Atlanta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Midtown, Atlanta, GA is 77. This is a increase of 20.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $327,000 | -5.0% |
Listing Count | 241 | 22.0% |
| Listings as % of Homes | 0.8% | 22.0% |
Days on Market | 77 | 20.0% |
Demographics — Midtown, Atlanta, GA
As of the latest ACS Survey released in 2023, Midtown, Atlanta, GA has a population of 23,300, which has increased by 28.9% over the past 5 years. Midtown, Atlanta, GA is a less popular place for families, as children make up 6.8% of the population. The area has a highly educated workforce, with 73.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,300 | 28.9% |
% Under 18 | 6.8% | 0.0% |
% Seniors | 5.8% | -23.7% |
% WFH | 30.9% | 281.5% |
% w/ College Degree | 73.8% | 7.7% |
As of the latest ACS Survey released in 2023, Midtown, Atlanta, GA is a predominantly white area, with 53.0% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Midtown, Atlanta, GA is black, making up 26.4% of the population. Foreign-born residents account for 11.7% of the population in Midtown, Atlanta, GA, and this percentage has increased by 28.6% 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 | 53.0% | -5.4% |
% Black | 26.4% | -15.4% |
% Hispanic | 7.3% | 37.7% |
% Asian | 7.1% | 36.5% |
% Foreign Born | 11.7% | 28.6% |
Mortgage and Risk — Midtown, Atlanta, GA
According to HUD data as of 2023, there were 275 mortgage originations in Midtown, Atlanta, GA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Midtown, Atlanta, GA. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 275 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Midtown, Atlanta, GA
As of 2024, the percent of homes in Midtown, Atlanta, GA under the Section 8 program is 13.4%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Midtown, Atlanta, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,564 |
Total Units Section 8 | 1,282 |
% Rentals under Section 8 | 13.4% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $520 | $1,750 | $2,270 |
| 2 Bedroom | -$170 | $2,680 | $2,510 |
| 3 Bedroom | -$280 | $3,300 | $3,020 |
| 4 Bedroom | -$1,260 | $4,900 | $3,640 |
Affordability — Midtown, Atlanta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $331,000 |
| Median Household Income | $82,400 |