Velpoe, GA—30633
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Velpoe, GA
As of Oct '25, the median home price in Velpoe, GA is $316,000, with a year-over-year change of 3.3%. This indicates that home prices in Velpoe, GA are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $316,000 | 3.3% |
| Single Family | $317,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | 3.3% |
3 Bed | $309,000 | 4.0% |
4 Bed | $369,000 | 7.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Velpoe, GA
As of July '25, Rentcast reports the average rent in Velpoe, GA is $1,540, with a year-over-year rent change of 2.7%. Per bedroom, the median rent as of July '25 in Velpoe, GA is 3-bedrooms: $1,180, 4-bedrooms: $1,900. The most common rental property sizes in Velpoe, GA are 3-bedroom and 2-bedroom, accounting for 54.3% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,180 | $1,180 |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Velpoe, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Velpoe, GA is 118. This is a increase of 209.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -4.0% |
Listing Count | 46 | 101.0% |
| Listings as % of Homes | 0.9% | 101.0% |
Days on Market | 118 | 209.0% |
Demographics — Velpoe, GA
As of the latest ACS Survey released in 2023, Velpoe, GA has a population of 8,710, which has decreased by -5.6% over the past 5 years. Velpoe, GA is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,710 | -5.6% |
% Under 18 | 23.3% | 6.4% |
% Seniors | 14.0% | -2.8% |
% WFH | 6.2% | -13.9% |
% w/ College Degree | 17.0% | -2.3% |
As of the latest ACS Survey released in 2023, Velpoe, GA is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Velpoe, GA is hispanic, making up 7.8% of the population. Foreign-born residents account for 4.0% of the population in Velpoe, GA, and this percentage has increased by 60.0% 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 | 86.3% | -5.7% |
% Black | 0.6% | -68.4% |
% Hispanic | 7.8% | 169.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 4.0% | 60.0% |
Mortgage and Risk — Velpoe, GA
According to HUD data as of 2023, there were 246 mortgage originations in Velpoe, GA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Velpoe, GA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 246 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Velpoe, GA
Velpoe, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 1.7% |
% 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 | N/A | N/A | $1,060 |
| 3 Bedroom | $240 | $1,180 | $1,420 |
| 4 Bedroom | -$350 | $1,900 | $1,550 |
Affordability — Velpoe, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $316,000 |
| Median Household Income | $54,900 |