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Decatur, GA—30034

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$237,000
3.4% YoY Growth
Household Income
$60,600
17.3% YoY Growth
Days on Market
60
12.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$1,740
4.0% YoY Growth
1-Bed Rent
$1,030
12.2% YoY Growth
2-Bed Rent
$1,500
3.4% YoY Growth
3-Bed Rent
$1,860
6.7% YoY Growth

Other Zip Codes in Decatur, GA

30032300333003530030
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Decatur, GA

As of May '26, the median home price in Decatur, GA is $237,000, with a year-over-year change of -3.4%. This indicates that home prices in Decatur, GA are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$237,000-3.4%
Single Family $241,000-3.2%
Condos $92,000-8.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$146,000-5.8%
    3 Bed
    		$223,000-3.5%
    4 Bed
    		$276,000-2.1%
    5 Bed $328,657-0.5%
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    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    6.1%
    2 Bedrooms
    15.4%
    3 Bedrooms
    45.8%
    4 Bedrooms
    26.2%
    5+ Bedrooms
    5.8%

    Rental Trends — Decatur, GA

    As of July '25, Rentcast reports the average rent in Decatur, GA is $1,680, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Decatur, GA is 1-bedrooms: $983, 2-bedrooms: $1,500, 3-bedrooms: $1,920, 4-bedrooms: $2,310. The most common rental property sizes in Decatur, GA are 3-bedroom and 2-bedroom, accounting for 37.8% and 33.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,740$1,680
    Studio Rent N/AN/A
    1 Bed Rent $1,030$983
    2 Bed Rent $1,500$1,500
    3 Bed Rent $1,860$1,920
    4 Bed Rent $2,150$2,310
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    % of Rental Stock

    Studio
    1.5%
    1 Bedroom
    13.1%
    2 Bedrooms
    33.6%
    3 Bedrooms
    37.8%
    4 Bedrooms
    11.9%
    5+ Bedrooms
    2.0%

    Property Listings — Decatur, GA

    As of May '26, Realtor.com reports that the median days on market for a home in Decatur, GA is 60. 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$260,0001.0%
    Listing Count
    		300-6.0%
    Listings as % of Homes0.9%-6.0%
    Days on Market
    		6012.0%
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    Demographics — Decatur, GA

    As of the latest ACS Survey released in 2023, Decatur, GA has a population of 41,800, which has decreased by -9.5% over the past 5 years. Decatur, GA is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		41,800-9.5%
    % Under 18
    		20.0%-13.4%
    % Seniors
    		19.6%27.3%
    % WFH
    		15.0%163.2%
    % w/ College Degree
    		29.2%6.2%
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    As of the latest ACS Survey released in 2023, Decatur, GA is a predominantly black area, with 89.9% of the population identifying as black. The black population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Decatur, GA is white, making up 3.9% of the population. Foreign-born residents account for 8.4% of the population in Decatur, GA, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		3.9%116.7%
    % Black
    		89.9%-5.2%
    % Hispanic
    		2.0%0.0%
    % Asian
    		0.2%-60.0%
    % Foreign Born
    		8.4%50.0%
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    Mortgage and Risk — Decatur, GA

    According to HUD data as of 2023, there were 176 mortgage originations in Decatur, GA, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Decatur, GA. Investor activity is low, as 5.0% of loans were by investors. 28.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		176
    % Conventional Loans
    		57.0%
    % Government Loans
    		43.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		28.0%
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    Rentals and Section 8 — Decatur, GA

    As of 2024, the percent of homes in Decatur, GA under the Section 8 program is 14.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Decatur, GA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		748
    Total Units Section 8
    		683
    % Rentals under Section 8
    		14.7%
    % Occupied Section 8
    		81.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$400$1,030$1,430
    2 Bedroom$80$1,500$1,580
    3 Bedroom$40$1,860$1,900
    4 Bedroom$140$2,150$2,290

    Affordability — Decatur, GA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.5
    Median Home Price$237,000
    Median Household Income$60,600

    Decatur, GA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    30032

    Decatur, GA

    30035

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    30316

    Frequently Asked Questions