Millwood, GA—31552
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millwood, GA
As of Oct '25, the median home price in Millwood, GA is $228,000, with a year-over-year change of -4.6%. This indicates that home prices in Millwood, GA are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | -4.6% |
| Single Family | $227,000 | -4.2% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millwood, GA
Millwood, 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 |
% of Rental Stock
Property Listings — Millwood, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Millwood, GA is 76. This is a decrease of -59.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $449,000 | -17.0% |
Listing Count | 5 | 333.0% |
| Listings as % of Homes | 0.6% | 333.0% |
Days on Market | 76 | -59.0% |
Demographics — Millwood, GA
As of the latest ACS Survey released in 2023, Millwood, GA has a population of 1,160, which has increased by 38.0% over the past 5 years. Millwood, GA is a popular place for families, as children make up 32.9% of the population. The area has a poorly educated workforce, with 8.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,160 | 38.0% |
% Under 18 | 32.9% | 35.4% |
% Seniors | 21.3% | 85.2% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 8.5% | 25.0% |
As of the latest ACS Survey released in 2023, Millwood, GA is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Millwood, GA is asian, making up 2.0% of the population. Foreign-born residents account for 2.0% of the population in Millwood, 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 | 92.7% | -5.4% |
% Black | 0.7% | -65.0% |
% Hispanic | 0.0% | N/A |
% Asian | 2.0% | ∞% |
% Foreign Born | 2.0% | ∞% |
Mortgage and Risk — Millwood, GA
Millwood, GA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Millwood, GA
Millwood, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Millwood, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $228,000 |
| Median Household Income | $45,800 |