Augusta, GA—30909
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 $260,000, with a year-over-year change of 0.1%. This indicates that home prices in Augusta, GA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | 0.1% |
| Single Family | $262,000 | 0.0% |
| Condos | $211,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $176,000 | -1.1% |
3 Bed | $241,000 | -0.4% |
4 Bed | $319,000 | 0.9% |
| 5 Bed | $381,000 | 0.0% |
% of Housing Stock
Rental Trends — Augusta, GA
As of July '25, Rentcast reports the average rent in Augusta, GA is $1,460, with a year-over-year rent change of 5.0%. Per bedroom, the median rent as of July '25 in Augusta, GA is studios: $1,060, 1-bedrooms: $1,230, 2-bedrooms: $1,420, 3-bedrooms: $1,820, 4-bedrooms: $2,080. The most common rental property sizes in Augusta, GA are 2-bedroom and 1-bedroom, accounting for 54.4% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,460 |
| Studio Rent | $895 | $1,060 |
| 1 Bed Rent | $1,140 | $1,230 |
| 2 Bed Rent | $1,450 | $1,420 |
| 3 Bed Rent | $1,920 | $1,820 |
| 4 Bed Rent | $2,140 | $2,080 |
% 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 55. This is a decrease of -20.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $327,000 | 3.0% |
Listing Count | 215 | 14.0% |
| Listings as % of Homes | 0.7% | 14.0% |
Days on Market | 55 | -20.0% |
Demographics — Augusta, GA
As of the latest ACS Survey released in 2023, Augusta, GA has a population of 44,900, which has increased by 3.6% over the past 5 years. Augusta, GA is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,900 | 3.6% |
% Under 18 | 20.7% | -5.0% |
% Seniors | 16.4% | 18.0% |
% WFH | 7.1% | 317.6% |
% w/ College Degree | 39.8% | 15.7% |
As of the latest ACS Survey released in 2023, Augusta, GA is a predominantly black area, with 44.2% of the population identifying as black. The black population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Augusta, GA is white, making up 39.3% of the population. Foreign-born residents account for 5.7% of the population in Augusta, GA, and this percentage has increased by 21.3% 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 | 39.3% | -9.2% |
% Black | 44.2% | -6.0% |
% Hispanic | 6.0% | 30.4% |
% Asian | 3.5% | 12.9% |
% Foreign Born | 5.7% | 21.3% |
Mortgage and Risk — Augusta, GA
According to HUD data as of 2023, there were 768 mortgage originations in Augusta, GA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Augusta, GA. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 768 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Augusta, GA
As of 2024, the percent of homes in Augusta, GA under the Section 8 program is 2.8%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Augusta, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 352 |
Total Units Section 8 | 336 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,140 | $1,170 |
| 2 Bedroom | -$130 | $1,450 | $1,320 |
| 3 Bedroom | -$180 | $1,920 | $1,740 |
| 4 Bedroom | -$20 | $2,140 | $2,120 |
Affordability — Augusta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $260,000 |
| Median Household Income | $67,700 |