Decatur, GA—30035
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 $225,000, with a year-over-year change of -8.8%. This indicates that home prices in Decatur, GA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $225,000 | -8.8% |
| Single Family | $228,000 | -8.8% |
| Condos | $139,000 | -13.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | -9.9% |
3 Bed | $217,000 | -9.6% |
4 Bed | $262,000 | -8.1% |
| 5 Bed | $315,000 | -6.5% |
% of Housing Stock
Rental Trends — Decatur, GA
As of July '25, Rentcast reports the average rent in Decatur, GA is $1,660, with a year-over-year rent change of 6.4%. Per bedroom, the median rent as of July '25 in Decatur, GA is 1-bedrooms: $834, 2-bedrooms: $1,450, 3-bedrooms: $1,840, 4-bedrooms: $2,180. The most common rental property sizes in Decatur, GA are 3-bedroom and 2-bedroom, accounting for 37.5% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $737 | $834 |
| 2 Bed Rent | $1,430 | $1,450 |
| 3 Bed Rent | $1,800 | $1,840 |
| 4 Bed Rent | $2,200 | $2,180 |
% 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 104. This is a increase of 88.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $235,000 | -10.0% |
Listing Count | 207 | 85.0% |
| Listings as % of Homes | 0.8% | 85.0% |
Days on Market | 104 | 88.0% |
Demographics — Decatur, GA
As of the latest ACS Survey released in 2023, Decatur, GA has a population of 22,100, which has decreased by -2.7% over the past 5 years. Decatur, GA is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,100 | -2.7% |
% Under 18 | 25.4% | 4.5% |
% Seniors | 13.3% | 26.7% |
% WFH | 10.8% | 61.2% |
% w/ College Degree | 26.3% | 32.2% |
As of the latest ACS Survey released in 2023, Decatur, GA is a predominantly black area, with 90.7% of the population identifying as black. The black population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Decatur, GA is white, making up 4.1% of the population. Foreign-born residents account for 12.2% of the population in Decatur, GA, and this percentage has increased by 64.9% 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 | 4.1% | 7.9% |
% Black | 90.7% | -0.4% |
% Hispanic | 3.8% | 46.2% |
% Asian | 0.3% | -62.5% |
% Foreign Born | 12.2% | 64.9% |
Mortgage and Risk — Decatur, GA
According to HUD data as of 2023, there were 335 mortgage originations in Decatur, GA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Decatur, GA. Investor activity is low, as 4.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 335 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Decatur, GA
As of 2024, the percent of homes in Decatur, GA under the Section 8 program is 12.7%. 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 | 405 |
Total Units Section 8 | 405 |
% Rentals under Section 8 | 12.7% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $813 | $737 | $1,550 |
| 2 Bedroom | $290 | $1,430 | $1,720 |
| 3 Bedroom | $270 | $1,800 | $2,070 |
| 4 Bedroom | $290 | $2,200 | $2,490 |
Affordability — Decatur, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $225,000 |
| Median Household Income | $65,700 |