Buford, GA—30518
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Buford, GA
Home Price Trends — Buford, GA
As of Oct '25, the median home price in Buford, GA is $465,000, with a year-over-year change of -1.9%. This indicates that home prices in Buford, GA are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $465,000 | -2.0% |
| Single Family | $468,000 | -2.1% |
| Condos | $339,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $305,000 | -3.2% |
3 Bed | $388,000 | -2.5% |
4 Bed | $498,000 | -1.6% |
| 5 Bed | $674,000 | -0.1% |
% of Housing Stock
Rental Trends — Buford, GA
As of July '25, Rentcast reports the average rent in Buford, GA is $2,410, with a year-over-year rent change of -3.2%. Per bedroom, the median rent as of July '25 in Buford, GA is studios: $1,380, 1-bedrooms: $1,530, 2-bedrooms: $1,730, 3-bedrooms: $2,360, 4-bedrooms: $2,730. The most common rental property sizes in Buford, GA are 3-bedroom and 2-bedroom, accounting for 42.2% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,390 | $2,410 |
| Studio Rent | $1,380 | $1,380 |
| 1 Bed Rent | $1,530 | $1,530 |
| 2 Bed Rent | $1,700 | $1,730 |
| 3 Bed Rent | $2,380 | $2,360 |
| 4 Bed Rent | $2,500 | $2,730 |
% of Rental Stock
Property Listings — Buford, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Buford, GA is 58. This is a increase of 15.0% 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 | $550,000 | 5.0% |
Listing Count | 331 | 33.0% |
| Listings as % of Homes | 1.0% | 33.0% |
Days on Market | 58 | 15.0% |
Demographics — Buford, GA
As of the latest ACS Survey released in 2023, Buford, GA has a population of 56,300, which has increased by 6.9% over the past 5 years. Buford, GA is a popular place for families, as children make up 29.9% of the population. The area has a moderately educated workforce, with 39.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,300 | 6.9% |
% Under 18 | 29.9% | 7.6% |
% Seniors | 10.6% | 11.6% |
% WFH | 17.0% | 123.7% |
% w/ College Degree | 39.9% | 18.8% |
As of the latest ACS Survey released in 2023, Buford, GA is a predominantly white area, with 52.2% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Buford, GA is hispanic, making up 22.4% of the population. Foreign-born residents account for 22.0% of the population in Buford, GA, and this percentage has increased by 15.2% 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 | 52.2% | -7.8% |
% Black | 13.4% | 0.8% |
% Hispanic | 22.4% | 11.4% |
% Asian | 8.9% | 11.2% |
% Foreign Born | 22.0% | 15.2% |
Mortgage and Risk — Buford, GA
According to HUD data as of 2023, there were 1061 mortgage originations in Buford, GA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Buford, GA. Investor activity is low, as 3.0% 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 | 1,061 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Buford, GA
As of 2024, the percent of homes in Buford, GA under the Section 8 program is 2.6%. 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 and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Buford, GA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 283 |
Total Units Section 8 | 265 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 57.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,530 | $1,690 |
| 2 Bedroom | $170 | $1,700 | $1,870 |
| 3 Bedroom | -$120 | $2,380 | $2,260 |
| 4 Bedroom | $200 | $2,500 | $2,700 |
Affordability — Buford, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $465,000 |
| Median Household Income | $97,300 |