Experiment, GA—30223
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Experiment, GA
As of Nov '25, the median home price in Experiment, GA is $204,000, with a year-over-year change of -3.3%. This indicates that home prices in Experiment, 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 | $204,000 | -3.3% |
| Single Family | $205,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $78,000 | -12.4% |
2 Bed | $123,000 | -9.6% |
3 Bed | $205,000 | -2.8% |
4 Bed | $305,000 | -1.0% |
| 5 Bed | $389,773 | -0.2% |
% of Housing Stock
Rental Trends — Experiment, GA
As of July '25, Rentcast reports the average rent in Experiment, GA is $1,340, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Experiment, GA is studios: $947, 1-bedrooms: $1,040, 2-bedrooms: $1,220, 3-bedrooms: $1,560, 4-bedrooms: $2,130. The most common rental property sizes in Experiment, GA are 2-bedroom and 3-bedroom, accounting for 43.2% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,340 |
| Studio Rent | $750 | $947 |
| 1 Bed Rent | $1,170 | $1,040 |
| 2 Bed Rent | $1,250 | $1,220 |
| 3 Bed Rent | $1,450 | $1,560 |
| 4 Bed Rent | $2,100 | $2,130 |
% of Rental Stock
Property Listings — Experiment, GA
As of Nov '25, Realtor.com reports that the median days on market for a home in Experiment, GA is 61. This is a increase of 4.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | 6.0% |
Listing Count | 254 | 1.0% |
| Listings as % of Homes | 1.2% | 1.0% |
Days on Market | 61 | 4.0% |
Demographics — Experiment, GA
As of the latest ACS Survey released in 2023, Experiment, GA has a population of 37,100, which has remained stable by 0.4% over the past 5 years. Experiment, GA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,100 | 0.4% |
% Under 18 | 22.7% | 1.3% |
% Seniors | 21.1% | 14.1% |
% WFH | 7.9% | 464.3% |
% w/ College Degree | 14.9% | 14.6% |
As of the latest ACS Survey released in 2023, Experiment, GA is a predominantly white area, with 50.3% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Experiment, GA is black, making up 38.5% of the population. Foreign-born residents account for 4.0% of the population in Experiment, GA, and this percentage has increased by 21.2% 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 | 50.3% | -4.4% |
% Black | 38.5% | 0.0% |
% Hispanic | 6.8% | 13.3% |
% Asian | 1.1% | 120.0% |
% Foreign Born | 4.0% | 21.2% |
Mortgage and Risk — Experiment, GA
According to HUD data as of 2023, there were 816 mortgage originations in Experiment, GA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Experiment, GA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 816 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Rentals and Section 8 — Experiment, GA
As of 2024, the percent of homes in Experiment, GA under the Section 8 program is 14.4%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Experiment, GA, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 763 |
Total Units Section 8 | 761 |
% Rentals under Section 8 | 14.4% |
% Occupied Section 8 | 81.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,170 | $1,160 |
| 2 Bedroom | $30 | $1,250 | $1,280 |
| 3 Bedroom | $90 | $1,450 | $1,540 |
| 4 Bedroom | -$240 | $2,100 | $1,860 |
Affordability — Experiment, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $204,000 |
| Median Household Income | $56,900 |