Nicholls, GA—31554
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nicholls, GA
As of Oct '25, the median home price in Nicholls, GA is $148,000, with a year-over-year change of -11.1%. This indicates that home prices in Nicholls, GA are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $148,000 | -11.1% |
| Single Family | $148,000 | -11.9% |
| 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 — Nicholls, GA
Nicholls, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nicholls, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Nicholls, GA is 232. This is a increase of 114.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | 26.0% |
Listing Count | 4 | 6.0% |
| Listings as % of Homes | 0.4% | 6.0% |
Days on Market | 232 | 114.0% |
Demographics — Nicholls, GA
As of the latest ACS Survey released in 2023, Nicholls, GA has a population of 7,340, which has decreased by -14.7% over the past 5 years. Nicholls, GA is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 6.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,340 | -14.7% |
% Under 18 | 19.2% | -2.5% |
% Seniors | 12.5% | 35.9% |
% WFH | 2.5% | 2,400.0% |
% w/ College Degree | 6.6% | -5.7% |
As of the latest ACS Survey released in 2023, Nicholls, GA is a predominantly white area, with 61.5% of the population identifying as white. The white population has grown by 10.6% in the last 5 years. The second most common race or ethnicity in Nicholls, GA is black, making up 31.3% of the population. Foreign-born residents account for 2.1% of the population in Nicholls, GA, and this percentage has decreased by 40.0% 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 | 61.5% | 10.6% |
% Black | 31.3% | -13.3% |
% Hispanic | 3.6% | -52.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.1% | -40.0% |
Mortgage and Risk — Nicholls, GA
According to HUD data as of 2023, there were 18 mortgage originations in Nicholls, GA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Nicholls, GA. Investor activity is high, as 17.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 18 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 17.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Nicholls, GA
Nicholls, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 0 |
% 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 | $760 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | -$190 | $1,400 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Nicholls, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $148,000 |
| Median Household Income | $52,200 |