Pendergrass, GA30567

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$363,000
0.4% YoY Growth
Median Household Income
$85,200
40.4% 5-Year Growth
Days on Market
63
27.0% Longer than last year
Home Price Forecast
3.0%
Median Rent
$1,900
6.7% YoY Growth
1-Bed Rent
$1,410
116.9% YoY Growth
2-Bed Rent
$1,450
N/A
3-Bed Rent
$1,880
4.6% YoY Growth

Property Listings — Pendergrass, GA

As of Oct '25, Realtor.com reports that the median days on market for a home in Pendergrass, GA is 63. This is a increase of 27.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$427,0004.0%
Listing Count
5817.0%
Listings as % of Homes1.2%17.0%
Days on Market
6327.0%
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Demographics — Pendergrass, GA

As of the latest ACS Survey released in 2023, Pendergrass, GA has a population of 5,170, which has increased by 62.1% over the past 5 years. Pendergrass, GA is a popular place for families, as children make up 33.1% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,17062.1%
% Under 18
33.1%17.8%
% Seniors
11.3%-14.4%
% WFH
10.9%78.7%
% w/ College Degree
20.3%-3.8%
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As of the latest ACS Survey released in 2023, Pendergrass, GA is a predominantly white area, with 62.7% of the population identifying as white. The white population has shrunk by 30.6% in the last 5 years. The second most common race or ethnicity in Pendergrass, GA is hispanic, making up 19.6% of the population. Foreign-born residents account for 14.6% of the population in Pendergrass, GA, and this percentage has increased by 186.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
62.7%-30.6%
% Black
7.5%525.0%
% Hispanic
19.6%390.0%
% Asian
4.4%41.9%
% Foreign Born
14.6%186.3%
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Mortgage and Risk — Pendergrass, GA

According to HUD data as of 2023, there were 143 mortgage originations in Pendergrass, GA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Pendergrass, GA. Investor activity is low, as 13.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
143
% Conventional Loans
69.0%
% Government Loans
31.0%
% Investor Loans
13.0%
% Second Loans
1.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Pendergrass, GA

As of 2024, the percent of homes in Pendergrass, GA under the Section 8 program is 0.9%. 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. In Pendergrass, GA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
0.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$180$1,410$1,230
2 Bedroom-$70$1,450$1,380
3 Bedroom-$170$1,880$1,710
4 Bedroom-$30$1,950$1,920

Affordability — Pendergrass, GA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$363,000
Median Household Income$85,200

Pendergrass, GA — ZIP Code Boundary Map

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Frequently Asked Questions