Nicholson, GA—30565
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nicholson, GA
As of Oct '25, the median home price in Nicholson, GA is $337,000, with a year-over-year change of 2.4%. This indicates that home prices in Nicholson, GA are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $337,000 | 2.4% |
| Single Family | $336,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $319,000 | 3.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nicholson, GA
As of July '25, Rentcast reports the average rent in Nicholson, GA is $2,340, with a year-over-year rent change of -9.7%. Per bedroom, the median rent as of July '25 in Nicholson, GA is 2-bedrooms: $1,340, 3-bedrooms: $2,130. The most common rental property sizes in Nicholson, GA are 3-bedroom and 2-bedroom, accounting for 70.9% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,340 | $1,340 |
| 3 Bed Rent | $2,150 | $2,130 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nicholson, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Nicholson, GA is 61. This is a decrease of -38.0% 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 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 | $384,000 | -11.0% |
Listing Count | 22 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 61 | -38.0% |
Demographics — Nicholson, GA
As of the latest ACS Survey released in 2023, Nicholson, GA has a population of 4,700, which has increased by 6.3% over the past 5 years. Nicholson, GA is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,700 | 6.3% |
% Under 18 | 20.1% | -5.6% |
% Seniors | 15.8% | 0.0% |
% WFH | 0.8% | -69.2% |
% w/ College Degree | 21.0% | 19.3% |
As of the latest ACS Survey released in 2023, Nicholson, GA is a predominantly white area, with 77.0% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Nicholson, GA is black, making up 8.5% of the population. Foreign-born residents account for 6.2% of the population in Nicholson, GA, and this percentage has decreased by 39.8% 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 | 77.0% | -2.7% |
% Black | 8.5% | 97.7% |
% Hispanic | 5.5% | -64.5% |
% Asian | 4.0% | 471.4% |
% Foreign Born | 6.2% | -39.8% |
Mortgage and Risk — Nicholson, GA
According to HUD data as of 2023, there were 110 mortgage originations in Nicholson, GA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Nicholson, GA. Investor activity is low, as 2.0% 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 | 110 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Nicholson, GA
Nicholson, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | -$280 | $1,340 | $1,060 |
| 3 Bedroom | -$730 | $2,150 | $1,420 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Nicholson, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $337,000 |
| Median Household Income | $56,000 |