Garden City, GA 31408 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Garden City, GA—31408

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$254,000

3.7% YoY Growth

Household Income

$40,100

12.4% YoY Growth

Days on Market

21.0% Shorter YoY

Home Price Forecast

3.8%

Median Rent

$1,420

3.3% YoY Growth

1-Bed Rent

$1,350

N/A

2-Bed Rent

$1,450

4.4% YoY Growth

3-Bed Rent

$1,600

10.4% YoY Growth

Home Price Trends — Garden City, GA

As of Dec '25, the median home price in Garden City, GA is $254,000, with a year-over-year change of -3.7%. This indicates that home prices in Garden City, GA are decreasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$254,000	-3.7%
Single Family	$255,000	-2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Garden City, GA

As of July '25, Rentcast reports the average rent in Garden City, GA is $1,580, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Garden City, GA is 1-bedrooms: $1,200, 2-bedrooms: $1,420, 3-bedrooms: $1,630, 4-bedrooms: $3,080. The most common rental property sizes in Garden City, GA are 2-bedroom and 3-bedroom, accounting for 45.6% and 31.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,420	$1,580
Studio Rent	N/A	N/A
1 Bed Rent	$1,350	$1,200
2 Bed Rent	$1,450	$1,420
3 Bed Rent	$1,600	$1,630
4 Bed Rent	$2,350	$3,080

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% of Rental Stock

Studio

1.0%

1 Bedroom

19.1%

2 Bedrooms

45.6%

3 Bedrooms

31.3%

4 Bedrooms

1.9%

5+ Bedrooms

1.1%

Property Listings — Garden City, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Garden City, GA is 49. This is a decrease of -9.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$300,000	-6.0%
Listing Count	22	5.0%
Listings as % of Homes	0.2%	5.0%
Days on Market	75	-21.0%

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Demographics — Garden City, GA

As of the latest ACS Survey released in 2023, Garden City, GA has a population of 11,800, which has increased by 12.1% over the past 5 years. Garden City, GA is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 12.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,800	12.1%
% Under 18	22.5%	4.7%
% Seniors	9.8%	-15.5%
% WFH	3.7%	146.7%
% w/ College Degree	12.6%	7.7%

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As of the latest ACS Survey released in 2023, Garden City, GA is a predominantly black area, with 46.7% of the population identifying as black. The black population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Garden City, GA is white, making up 29.3% of the population. Foreign-born residents account for 12.1% of the population in Garden City, GA, and this percentage has decreased by 4.0% 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	29.3%	-3.0%
% Black	46.7%	-4.5%
% Hispanic	19.2%	4.3%
% Asian	2.0%	11.1%
% Foreign Born	12.1%	-4.0%

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Mortgage and Risk — Garden City, GA

According to HUD data as of 2023, there were 58 mortgage originations in Garden City, GA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Garden City, GA. Investor activity is low, as 9.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	58
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	9.0%
% Second Loans	0.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — Garden City, GA

As of 2024, the percent of homes in Garden City, GA under the Section 8 program is 6.8%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Garden City, GA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	166
Total Units Section 8	166
% Rentals under Section 8	6.8%
% Occupied Section 8	88.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$190	$1,350	$1,160
2 Bedroom	-$140	$1,450	$1,310
3 Bedroom	$180	$1,600	$1,780
4 Bedroom	-$270	$2,350	$2,080

Garden City, GA—31408

Key Metrics at a Glance

Home Price Trends — Garden City, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garden City, GA

% of Rental Stock

Property Listings — Garden City, GA

Demographics — Garden City, GA

Race and Ethnicity

Mortgage and Risk — Garden City, GA

Mortgages

Rentals and Section 8 — Garden City, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Garden City, GA

Home Price to Income Ratio

Garden City, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Savannah, GA

Savannah, GA

Port Wentworth, GA

Pooler, GA

Savannah, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$254,000
Median Household Income	$40,100

Garden City, GA—31408

Key Metrics at a Glance

Home Price Trends — Garden City, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garden City, GA

% of Rental Stock

Property Listings — Garden City, GA

Demographics — Garden City, GA

Race and Ethnicity

Mortgage and Risk — Garden City, GA

Mortgages

Rentals and Section 8 — Garden City, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Garden City, GA

Home Price to Income Ratio

Garden City, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Savannah, GA

Savannah, GA

Port Wentworth, GA

Pooler, GA

Savannah, GA

Frequently Asked Questions

What is the average home price in Garden City, GA 31408?

How have home prices in Garden City, GA 31408 changed over the past year?

What is the home price projection for Garden City, GA 31408?

What are the demographics of Garden City, GA 31408?

How long does it take homes to sell in Garden City, GA 31408?

What is the average rent price in Garden City, GA 31408?