Millen, GA—30442
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millen, GA
Millen, GA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | -4.6% |
| Single Family | $147,000 | -5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $93,000 | -11.4% |
3 Bed | $174,000 | -2.2% |
4 Bed | $278,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millen, GA
Millen, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Millen, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Millen, GA is 57. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | 11.0% |
Listing Count | 27 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 57 | -5.0% |
Demographics — Millen, GA
As of the latest ACS Survey released in 2023, Millen, GA has a population of 8,480, which has increased by 11.4% over the past 5 years. Millen, GA is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 6.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,480 | 11.4% |
% Under 18 | 17.9% | -26.9% |
% Seniors | 21.1% | 17.2% |
% WFH | 12.2% | 82.1% |
% w/ College Degree | 6.9% | -29.6% |
As of the latest ACS Survey released in 2023, Millen, GA is a predominantly white area, with 54.2% of the population identifying as white. The white population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Millen, GA is black, making up 39.9% of the population. Foreign-born residents account for 2.5% of the population in Millen, GA, and this percentage has decreased by 51.0% 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 | 54.2% | 5.9% |
% Black | 39.9% | 6.4% |
% Hispanic | 4.9% | -50.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.5% | -51.0% |
Mortgage and Risk — Millen, GA
According to HUD data as of 2023, there were 65 mortgage originations in Millen, GA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Millen, GA. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Millen, GA
Millen, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 92 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Millen, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $147,000 |
| Median Household Income | $36,400 |