Warm Springs, GA—31830
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warm Springs, GA
As of Oct '25, the median home price in Warm Springs, GA is $202,000, with a year-over-year change of -4.0%. This indicates that home prices in Warm Springs, GA are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | -4.0% |
| Single Family | $202,000 | -3.3% |
| 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 | $192,000 | -3.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Warm Springs, GA
As of July '25, Rentcast reports the average rent in Warm Springs, GA is $1,600, with a year-over-year rent change of 77.8%. Per bedroom, the median rent as of July '25 in Warm Springs, GA is 3-bedrooms: $1,800, 4-bedrooms: $1,400. The most common rental property sizes in Warm Springs, GA are 2-bedroom and 3-bedroom, accounting for 67.5% and 22.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Warm Springs, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Warm Springs, GA is 45. This is a increase of 12.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $225,000 | -40.0% |
Listing Count | 7 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 45 | 12.0% |
Demographics — Warm Springs, GA
As of the latest ACS Survey released in 2023, Warm Springs, GA has a population of 2,400, which has decreased by -6.5% over the past 5 years. Warm Springs, GA is a less popular place for families, as children make up 11.3% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,400 | -6.5% |
% Under 18 | 11.3% | -49.8% |
% Seniors | 29.7% | 64.1% |
% WFH | 9.9% | 35.6% |
% w/ College Degree | 22.3% | 5.7% |
As of the latest ACS Survey released in 2023, Warm Springs, GA is a predominantly white area, with 64.3% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Warm Springs, GA is black, making up 30.6% of the population. Foreign-born residents account for 0.5% of the population in Warm Springs, GA, and this percentage has decreased by 64.3% 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 | 64.3% | 0.6% |
% Black | 30.6% | -7.6% |
% Hispanic | 4.5% | 400.0% |
% Asian | 0.1% | -83.3% |
% Foreign Born | 0.5% | -64.3% |
Mortgage and Risk — Warm Springs, GA
According to HUD data as of 2023, there were 35 mortgage originations in Warm Springs, GA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Warm Springs, GA. Investor activity is low, as 6.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Warm Springs, GA
Warm Springs, 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 | $820 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | -$340 | $1,800 | $1,460 |
| 4 Bedroom | $170 | $1,400 | $1,570 |
Affordability — Warm Springs, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $202,000 |
| Median Household Income | $56,700 |