Athens, GA—30606
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 $363,000, with a year-over-year change of 1.6%. This indicates that home prices in Athens, GA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 1.6% |
| Single Family | $386,000 | 1.8% |
| Condos | $235,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $242,000 | 2.1% |
3 Bed | $344,000 | 1.5% |
4 Bed | $465,000 | 2.4% |
| 5 Bed | $727,000 | 3.9% |
% of Housing Stock
Rental Trends — Athens, GA
As of July '25, Rentcast reports the average rent in Athens, GA is $1,680, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Athens, GA is studios: $1,020, 1-bedrooms: $1,400, 2-bedrooms: $1,480, 3-bedrooms: $1,990, 4-bedrooms: $2,580. The most common rental property sizes in Athens, GA are 2-bedroom and 3-bedroom, accounting for 42.1% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,530 | $1,680 |
| Studio Rent | $1,020 | $1,020 |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $1,450 | $1,480 |
| 3 Bed Rent | $1,900 | $1,990 |
| 4 Bed Rent | $2,350 | $2,580 |
% 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 93. This is a increase of 38.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $432,000 | 0.0% |
Listing Count | 261 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 93 | 38.0% |
Demographics — Athens, GA
As of the latest ACS Survey released in 2023, Athens, GA has a population of 48,200, which has increased by 10.2% over the past 5 years. Athens, GA is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 51.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,200 | 10.2% |
% Under 18 | 18.3% | -4.7% |
% Seniors | 15.4% | 14.9% |
% WFH | 12.5% | 73.6% |
% w/ College Degree | 51.9% | 4.8% |
As of the latest ACS Survey released in 2023, Athens, GA is a predominantly white area, with 60.5% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Athens, GA is black, making up 20.4% of the population. Foreign-born residents account for 10.6% of the population in Athens, GA, and this percentage has increased by 12.8% 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 | 60.5% | -1.8% |
% Black | 20.4% | -12.8% |
% Hispanic | 10.6% | 12.8% |
% Asian | 4.8% | 29.7% |
% Foreign Born | 10.6% | 12.8% |
Mortgage and Risk — Athens, GA
According to HUD data as of 2023, there were 712 mortgage originations in Athens, GA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Athens, GA. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 712 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 9.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Athens, GA
As of 2024, the percent of homes in Athens, GA under the Section 8 program is 1.4%. 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 | 638 |
Total Units Section 8 | 180 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 82.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,400 | $1,180 |
| 2 Bedroom | -$140 | $1,450 | $1,310 |
| 3 Bedroom | -$160 | $1,900 | $1,740 |
| 4 Bedroom | -$510 | $2,350 | $1,840 |
Affordability — Athens, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $363,000 |
| Median Household Income | $61,400 |