Waynesville, GA—31566
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waynesville, GA
As of Oct '25, the median home price in Waynesville, GA is $160,000, with a year-over-year change of -7.3%. This indicates that home prices in Waynesville, GA are decreasing. 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 | $160,000 | -7.3% |
| Single Family | $160,000 | -5.9% |
| 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 | $235,000 | 5.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waynesville, GA
Waynesville, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,200 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waynesville, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Waynesville, GA is 60. This is a increase of 24.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $291,000 | 19.0% |
Listing Count | 13 | -7.0% |
| Listings as % of Homes | 0.2% | -7.0% |
Days on Market | 60 | 24.0% |
Demographics — Waynesville, GA
As of the latest ACS Survey released in 2023, Waynesville, GA has a population of 4,010, which has decreased by -17.2% over the past 5 years. Waynesville, GA is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 7.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,010 | -17.2% |
% Under 18 | 25.0% | -11.0% |
% Seniors | 14.3% | 31.2% |
% WFH | 3.1% | ∞% |
% w/ College Degree | 7.0% | -1.4% |
As of the latest ACS Survey released in 2023, Waynesville, GA is a predominantly white area, with 88.1% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Waynesville, GA is black, making up 5.3% of the population. Foreign-born residents account for 2.2% of the population in Waynesville, GA, and this percentage has increased by 22.2% 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 | 88.1% | -2.9% |
% Black | 5.3% | 76.7% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.7% | ∞% |
% Foreign Born | 2.2% | 22.2% |
Mortgage and Risk — Waynesville, GA
According to HUD data as of 2023, there were 66 mortgage originations in Waynesville, GA, of which 44.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Waynesville, GA. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 44.0% |
% Government Loans | 56.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Waynesville, GA
Waynesville, 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 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | $140 | $1,200 | $1,340 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Waynesville, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $160,000 |
| Median Household Income | $33,200 |