Augusta, GA—30901
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Augusta, GA
As of Oct '25, the median home price in Augusta, GA is $62,000, with a year-over-year change of -10.9%. This indicates that home prices in Augusta, GA are decreasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $62,000 | -10.9% |
| Single Family | $60,000 | -7.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $36,000 | -14.3% |
2 Bed | $46,000 | -11.5% |
3 Bed | $72,000 | -4.0% |
4 Bed | $111,000 | -7.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Augusta, GA
As of July '25, Rentcast reports the average rent in Augusta, GA is $1,480, with a year-over-year rent change of 17.5%. Per bedroom, the median rent as of July '25 in Augusta, GA is studios: $1,460, 1-bedrooms: $1,340, 2-bedrooms: $1,570, 3-bedrooms: $1,580. The most common rental property sizes in Augusta, GA are 2-bedroom and 1-bedroom, accounting for 42.5% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,480 |
| Studio Rent | $1,540 | $1,460 |
| 1 Bed Rent | $1,250 | $1,340 |
| 2 Bed Rent | $1,650 | $1,570 |
| 3 Bed Rent | $1,450 | $1,580 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Augusta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Augusta, GA is 87. This is a increase of 6.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $156,000 | -13.0% |
Listing Count | 60 | -11.0% |
| Listings as % of Homes | 0.5% | -11.0% |
Days on Market | 87 | 6.0% |
Demographics — Augusta, GA
As of the latest ACS Survey released in 2023, Augusta, GA has a population of 16,200, which has decreased by -1.3% over the past 5 years. Augusta, GA is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,200 | -1.3% |
% Under 18 | 24.6% | 10.3% |
% Seniors | 21.0% | 26.5% |
% WFH | 3.8% | 81.0% |
% w/ College Degree | 13.2% | 10.9% |
As of the latest ACS Survey released in 2023, Augusta, GA is a predominantly black area, with 78.1% of the population identifying as black. The black population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Augusta, GA is white, making up 15.2% of the population. Foreign-born residents account for 1.4% of the population in Augusta, GA, and this percentage has decreased by 17.6% 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 | 15.2% | 0.7% |
% Black | 78.1% | -4.9% |
% Hispanic | 1.6% | -42.9% |
% Asian | 0.9% | 800.0% |
% Foreign Born | 1.4% | -17.6% |
Mortgage and Risk — Augusta, GA
According to HUD data as of 2023, there were 93 mortgage originations in Augusta, GA, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Augusta, GA. Investor activity is low, as 13.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 13.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Augusta, GA
Augusta, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2,745 |
Total Units Section 8 | 1,557 |
% Rentals under Section 8 | 26.2% |
% Occupied Section 8 | 82.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $1,250 | $870 |
| 2 Bedroom | -$660 | $1,650 | $990 |
| 3 Bedroom | -$130 | $1,450 | $1,320 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Augusta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $62,000 |
| Median Household Income | $23,000 |