West Midtown, Atlanta, GA—30318
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Midtown, Atlanta, GA
As of Oct '25, the median home price in West Midtown, Atlanta, GA is $389,000, with a year-over-year change of -4.5%. This indicates that home prices in West Midtown, Atlanta, GA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $389,000 | -4.5% |
| Single Family | $398,000 | -4.8% |
| Condos | $341,000 | -4.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $220,000 | -5.2% |
2 Bed | $315,000 | -5.4% |
3 Bed | $391,000 | -4.4% |
4 Bed | $550,000 | -2.5% |
| 5 Bed | $692,000 | -2.7% |
% of Housing Stock
Rental Trends — West Midtown, Atlanta, GA
As of July '25, Rentcast reports the average rent in West Midtown, Atlanta, GA is $2,030, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in West Midtown, Atlanta, GA is studios: $1,530, 1-bedrooms: $1,720, 2-bedrooms: $2,150, 3-bedrooms: $2,590, 4-bedrooms: $3,310. The most common rental property sizes in West Midtown, Atlanta, GA are 2-bedroom and 1-bedroom, accounting for 37.8% and 35.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,030 |
| Studio Rent | $1,520 | $1,530 |
| 1 Bed Rent | $1,740 | $1,720 |
| 2 Bed Rent | $2,070 | $2,150 |
| 3 Bed Rent | $2,350 | $2,590 |
| 4 Bed Rent | $3,200 | $3,310 |
% of Rental Stock
Property Listings — West Midtown, Atlanta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in West Midtown, Atlanta, GA is 62. 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 | $397,000 | -4.0% |
Listing Count | 545 | 18.0% |
| Listings as % of Homes | 1.0% | 18.0% |
Days on Market | 62 | 23.0% |
Demographics — West Midtown, Atlanta, GA
As of the latest ACS Survey released in 2023, West Midtown, Atlanta, GA has a population of 58,700, which has increased by 8.3% over the past 5 years. West Midtown, Atlanta, GA is a moderately popular place for families, as children make up 15.6% of the population. The area has a highly educated workforce, with 54.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,700 | 8.3% |
% Under 18 | 15.6% | -12.8% |
% Seniors | 10.4% | 0.0% |
% WFH | 27.9% | 310.3% |
% w/ College Degree | 54.3% | 13.8% |
As of the latest ACS Survey released in 2023, West Midtown, Atlanta, GA is a predominantly black area, with 49.9% of the population identifying as black. The black population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in West Midtown, Atlanta, GA is white, making up 34.6% of the population. Foreign-born residents account for 8.2% of the population in West Midtown, Atlanta, GA, and this percentage has increased by 6.5% 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 | 34.6% | 2.4% |
% Black | 49.9% | -7.1% |
% Hispanic | 6.7% | 26.4% |
% Asian | 5.4% | 1.9% |
% Foreign Born | 8.2% | 6.5% |
Mortgage and Risk — West Midtown, Atlanta, GA
According to HUD data as of 2023, there were 1152 mortgage originations in West Midtown, Atlanta, GA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in West Midtown, Atlanta, GA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,152 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — West Midtown, Atlanta, GA
As of 2024, the percent of homes in West Midtown, Atlanta, GA under the Section 8 program is 24.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in West Midtown, Atlanta, GA, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 3,879 |
Total Units Section 8 | 3,653 |
% Rentals under Section 8 | 24.1% |
% Occupied Section 8 | 84.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,740 | $1,800 |
| 2 Bedroom | -$80 | $2,070 | $1,990 |
| 3 Bedroom | $50 | $2,350 | $2,400 |
| 4 Bedroom | -$310 | $3,200 | $2,890 |
Affordability — West Midtown, Atlanta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $389,000 |
| Median Household Income | $79,200 |