Decatur, GA—30030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Decatur, GA
As of Oct '25, the median home price in Decatur, GA is $628,000, with a year-over-year change of -0.7%. This indicates that home prices in Decatur, GA are flat. 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 | $628,000 | -0.7% |
| Single Family | $691,000 | -0.6% |
| Condos | $313,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $260,000 | -5.8% |
2 Bed | $385,000 | -2.3% |
3 Bed | $604,000 | -0.7% |
4 Bed | $879,000 | -0.9% |
| 5 Bed | $1,229,000 | -0.2% |
% of Housing Stock
Rental Trends — Decatur, GA
As of July '25, Rentcast reports the average rent in Decatur, GA is $2,130, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Decatur, GA is studios: $1,720, 1-bedrooms: $1,770, 2-bedrooms: $2,140, 3-bedrooms: $3,210, 4-bedrooms: $3,470. The most common rental property sizes in Decatur, GA are 2-bedroom and 1-bedroom, accounting for 40.1% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,130 |
| Studio Rent | $1,540 | $1,720 |
| 1 Bed Rent | $1,800 | $1,770 |
| 2 Bed Rent | $2,000 | $2,140 |
| 3 Bed Rent | $3,200 | $3,210 |
| 4 Bed Rent | $3,600 | $3,470 |
% of Rental Stock
Property Listings — Decatur, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Decatur, GA is 56. This is a increase of 21.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $560,000 | -1.0% |
Listing Count | 150 | 15.0% |
| Listings as % of Homes | 0.6% | 15.0% |
Days on Market | 56 | 21.0% |
Demographics — Decatur, GA
As of the latest ACS Survey released in 2023, Decatur, GA has a population of 31,700, which has increased by 7.5% over the past 5 years. Decatur, GA is a popular place for families, as children make up 26.6% of the population. The area has a highly educated workforce, with 76.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,700 | 7.5% |
% Under 18 | 26.6% | -4.0% |
% Seniors | 14.6% | 17.7% |
% WFH | 31.4% | 139.7% |
% w/ College Degree | 76.5% | 10.5% |
As of the latest ACS Survey released in 2023, Decatur, GA is a predominantly white area, with 64.8% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Decatur, GA is black, making up 14.4% of the population. Foreign-born residents account for 10.3% of the population in Decatur, GA, and this percentage has increased by 2.0% 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 | 64.8% | -0.3% |
% Black | 14.4% | -34.5% |
% Hispanic | 9.3% | 151.4% |
% Asian | 5.5% | 14.6% |
% Foreign Born | 10.3% | 2.0% |
Mortgage and Risk — Decatur, GA
According to HUD data as of 2023, there were 480 mortgage originations in Decatur, GA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Decatur, GA. Investor activity is low, as 2.0% 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 | 480 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Decatur, GA
As of 2024, the percent of homes in Decatur, GA under the Section 8 program is 21.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Decatur, GA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,023 |
Total Units Section 8 | 1,010 |
% Rentals under Section 8 | 21.8% |
% Occupied Section 8 | 89.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,800 | $2,070 |
| 2 Bedroom | $290 | $2,000 | $2,290 |
| 3 Bedroom | -$440 | $3,200 | $2,760 |
| 4 Bedroom | -$280 | $3,600 | $3,320 |
Affordability — Decatur, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $628,000 |
| Median Household Income | $127,000 |