Demorest, GA—30535
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Demorest, GA
As of Oct '25, the median home price in Demorest, GA is $310,000, with a year-over-year change of 2.1%. This indicates that home prices in Demorest, GA are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $310,000 | 2.1% |
| Single Family | $309,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | 0.0% |
3 Bed | $310,000 | 2.6% |
4 Bed | $410,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Demorest, GA
As of July '25, Rentcast reports the average rent in Demorest, GA is $1,640, with a year-over-year rent change of -19.2%. Per bedroom, the median rent as of July '25 in Demorest, GA is 1-bedrooms: $1,100, 2-bedrooms: $1,550, 4-bedrooms: $3,000. The most common rental property sizes in Demorest, GA are 3-bedroom and 2-bedroom, accounting for 47.4% and 39.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $1,100 |
| 2 Bed Rent | $1,580 | $1,550 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Demorest, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Demorest, GA is 61. This is a increase of 26.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | -2.0% |
Listing Count | 55 | 51.0% |
| Listings as % of Homes | 1.1% | 51.0% |
Days on Market | 61 | 26.0% |
Demographics — Demorest, GA
As of the latest ACS Survey released in 2023, Demorest, GA has a population of 8,760, which has increased by 17.8% over the past 5 years. Demorest, GA is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,760 | 17.8% |
% Under 18 | 21.1% | 6.6% |
% Seniors | 14.7% | -39.0% |
% WFH | 13.2% | 594.7% |
% w/ College Degree | 21.8% | 19.8% |
As of the latest ACS Survey released in 2023, Demorest, GA is a predominantly white area, with 87.1% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Demorest, GA is hispanic, making up 5.2% of the population. Foreign-born residents account for 2.7% of the population in Demorest, GA, and this percentage has decreased by 40.0% 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 | 87.1% | 0.6% |
% Black | 3.8% | 442.9% |
% Hispanic | 5.2% | -5.5% |
% Asian | 0.6% | -83.3% |
% Foreign Born | 2.7% | -40.0% |
Mortgage and Risk — Demorest, GA
According to HUD data as of 2023, there were 186 mortgage originations in Demorest, GA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Demorest, 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 | 186 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Demorest, GA
Demorest, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 18 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $850 | $830 |
| 2 Bedroom | -$610 | $1,580 | $970 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | -$1,600 | $3,000 | $1,400 |
Affordability — Demorest, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $310,000 |
| Median Household Income | $55,400 |