Menlo, GA—30731
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Menlo, GA
As of Oct '25, the median home price in Menlo, GA is $264,000, with a year-over-year change of 0.3%. This indicates that home prices in Menlo, GA are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $264,000 | 0.3% |
| Single Family | $266,000 | 0.4% |
| 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 | $389,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Menlo, GA
As of July '25, Rentcast reports the average rent in Menlo, GA is $950, with a year-over-year rent change of -28.0%. Per bedroom, the median rent as of July '25 in Menlo, GA is 2-bedrooms: $950. The most common rental property sizes in Menlo, GA are 2-bedroom and 3-bedroom, accounting for 56.9% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $950 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Menlo, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Menlo, GA is 49. This is a decrease of -46.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $432,000 | -18.0% |
Listing Count | 25 | 40.0% |
| Listings as % of Homes | 0.8% | 40.0% |
Days on Market | 49 | -46.0% |
Demographics — Menlo, GA
As of the latest ACS Survey released in 2023, Menlo, GA has a population of 2,450, which has increased by 10.3% over the past 5 years. Menlo, GA is a popular place for families, as children make up 26.4% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,450 | 10.3% |
% Under 18 | 26.4% | 22.8% |
% Seniors | 20.0% | -24.0% |
% WFH | 1.2% | -86.0% |
% w/ College Degree | 25.6% | 84.2% |
As of the latest ACS Survey released in 2023, Menlo, GA is a predominantly white area, with 96.2% of the population identifying as white. The white population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Menlo, GA is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.1% of the population in Menlo, GA, and this percentage has decreased by 96.4% 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 | 96.2% | 3.8% |
% Black | 1.5% | 7.1% |
% Hispanic | 1.6% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | -96.4% |
Mortgage and Risk — Menlo, GA
According to HUD data as of 2023, there were 50 mortgage originations in Menlo, GA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Menlo, GA. Investor activity is low, as 10.0% 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 | 50 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 10.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Menlo, GA
Menlo, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 3 |
% 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 | $840 |
| 2 Bedroom | $60 | $950 | $1,010 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Menlo, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $264,000 |
| Median Household Income | $49,900 |