Elko, GA 31025 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Elko, GA—31025

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$341,000

6.0% YoY Growth

Household Income

$138,000

66.7% YoY Growth

Days on Market

121

3.0% Shorter YoY

Home Price Forecast

3.9%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Elko, GA

As of Dec '25, the median home price in Elko, GA is $341,000, with a year-over-year change of 6.0%. This indicates that home prices in Elko, GA are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$341,000	6.0%
Single Family	$342,000	6.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Elko, GA

Elko, GA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

100.0%

Property Listings — Elko, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Elko, GA is 96. This is a decrease of -37.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$640,000	135.0%
Listing Count	9	47.0%
Listings as % of Homes	0.8%	47.0%
Days on Market	121	-3.0%

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Demographics — Elko, GA

As of the latest ACS Survey released in 2023, Elko, GA has a population of 1,340, which has increased by 54.6% over the past 5 years. Elko, GA is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,340	54.6%
% Under 18	22.7%	45.5%
% Seniors	17.7%	12.7%
% WFH	15.5%	∞%
% w/ College Degree	30.6%	3.7%

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As of the latest ACS Survey released in 2023, Elko, GA is a predominantly white area, with 59.9% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Elko, GA is black, making up 27.9% of the population. Foreign-born residents account for 0.7% of the population in Elko, GA, and this percentage has increased by Inf% 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	59.9%	-10.1%
% Black	27.9%	-3.1%
% Hispanic	2.5%	∞%
% Asian	0.0%	N/A
% Foreign Born	0.7%	∞%

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Mortgage and Risk — Elko, GA

According to HUD data as of 2023, there were 110 mortgage originations in Elko, GA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Elko, GA. Investor activity is low, as 3.0% 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	110
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Elko, GA

Elko, GA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	22.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$980
2 Bedroom	N/A	N/A	$1,100
3 Bedroom	N/A	N/A	$1,470
4 Bedroom	N/A	N/A	$1,710

Elko, GA—31025

Key Metrics at a Glance

Home Price Trends — Elko, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Elko, GA

% of Rental Stock

Property Listings — Elko, GA

Demographics — Elko, GA

Race and Ethnicity

Mortgage and Risk — Elko, GA

Mortgages

Rentals and Section 8 — Elko, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Elko, GA

Home Price to Income Ratio

Elko, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Perry, GA

Unadilla, GA

Kathleen, GA

Bonaire, GA

Hawkinsville, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.1
Median Home Price	$341,000
Median Household Income	$138,000

Elko, GA—31025

Key Metrics at a Glance

Home Price Trends — Elko, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Elko, GA

% of Rental Stock

Property Listings — Elko, GA

Demographics — Elko, GA

Race and Ethnicity

Mortgage and Risk — Elko, GA

Mortgages

Rentals and Section 8 — Elko, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Elko, GA

Home Price to Income Ratio

Elko, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Perry, GA

Unadilla, GA

Kathleen, GA

Bonaire, GA

Hawkinsville, GA

Frequently Asked Questions

What is the average home price in Elko, GA 31025?

How have home prices in Elko, GA 31025 changed over the past year?

What is the home price projection for Elko, GA 31025?

What are the demographics of Elko, GA 31025?

How long does it take homes to sell in Elko, GA 31025?

What is the average rent price in Elko, GA 31025?