Athens, GA—30605
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Athens, GA
As of Oct '25, the median home price in Athens, GA is $319,000, with a year-over-year change of 1.1%. This indicates that home prices in Athens, GA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $319,000 | 1.2% |
| Single Family | $343,000 | 1.2% |
| Condos | $243,000 | 1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $209,000 | -0.9% |
2 Bed | $245,000 | 2.1% |
3 Bed | $322,000 | 1.3% |
4 Bed | $397,000 | 1.3% |
| 5 Bed | $493,000 | 1.6% |
% of Housing Stock
Rental Trends — Athens, GA
As of July '25, Rentcast reports the average rent in Athens, GA is $1,580, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in Athens, GA is studios: $1,270, 1-bedrooms: $1,120, 2-bedrooms: $1,460, 3-bedrooms: $1,920, 4-bedrooms: $2,010. The most common rental property sizes in Athens, GA are 2-bedroom and 1-bedroom, accounting for 48.5% and 20.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,580 |
| Studio Rent | $1,300 | $1,270 |
| 1 Bed Rent | $1,100 | $1,120 |
| 2 Bed Rent | $1,400 | $1,460 |
| 3 Bed Rent | $1,900 | $1,920 |
| 4 Bed Rent | $1,920 | $2,010 |
% of Rental Stock
Property Listings — Athens, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Athens, GA is 79. This is a increase of 43.0% 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 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 | $349,000 | 2.0% |
Listing Count | 166 | 64.0% |
| Listings as % of Homes | 0.4% | 64.0% |
Days on Market | 79 | 43.0% |
Demographics — Athens, GA
As of the latest ACS Survey released in 2023, Athens, GA has a population of 41,800, which has remained stable by 0.8% over the past 5 years. Athens, GA is a moderately popular place for families, as children make up 15.2% of the population. The area has a highly educated workforce, with 52.6% 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 | 41,800 | 0.8% |
% Under 18 | 15.2% | 2.0% |
% Seniors | 11.1% | 19.4% |
% WFH | 12.2% | 171.1% |
% w/ College Degree | 52.6% | 1.7% |
As of the latest ACS Survey released in 2023, Athens, GA is a predominantly white area, with 58.7% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Athens, GA is black, making up 24.0% of the population. Foreign-born residents account for 10.5% of the population in Athens, GA, and this percentage has increased by 10.5% 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 | 58.7% | -6.5% |
% Black | 24.0% | 3.9% |
% Hispanic | 9.3% | 72.2% |
% Asian | 5.3% | -15.9% |
% Foreign Born | 10.5% | 10.5% |
Mortgage and Risk — Athens, GA
According to HUD data as of 2023, there were 411 mortgage originations in Athens, GA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Athens, GA. Investor activity is high, as 16.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 411 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 16.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Athens, GA
As of 2024, the percent of homes in Athens, GA under the Section 8 program is 3.5%. 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 Athens, 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 | 748 |
Total Units Section 8 | 391 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 75.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,100 | $1,060 |
| 2 Bedroom | -$230 | $1,400 | $1,170 |
| 3 Bedroom | -$350 | $1,900 | $1,550 |
| 4 Bedroom | -$270 | $1,920 | $1,650 |
Affordability — Athens, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $319,000 |
| Median Household Income | $48,200 |