Thomson, GA—30824
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thomson, GA
As of Oct '25, the median home price in Thomson, GA is $196,000, with a year-over-year change of -1.6%. This indicates that home prices in Thomson, GA are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | -1.6% |
| Single Family | $196,000 | -1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $116,000 | -7.2% |
3 Bed | $198,000 | 0.0% |
4 Bed | $317,000 | 1.3% |
| 5 Bed | $391,000 | 0.0% |
% of Housing Stock
Rental Trends — Thomson, GA
As of July '25, Rentcast reports the average rent in Thomson, GA is $1,200, with a year-over-year rent change of -26.8%. Per bedroom, the median rent as of July '25 in Thomson, GA is 2-bedrooms: $937, 3-bedrooms: $1,260, 4-bedrooms: $1,700. The most common rental property sizes in Thomson, GA are 3-bedroom and 2-bedroom, accounting for 48.5% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $937 |
| 3 Bed Rent | $1,120 | $1,260 |
| 4 Bed Rent | $1,950 | $1,700 |
% of Rental Stock
Property Listings — Thomson, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Thomson, GA is 100. 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $253,000 | -9.0% |
Listing Count | 80 | 23.0% |
| Listings as % of Homes | 0.6% | 23.0% |
Days on Market | 100 | 12.0% |
Demographics — Thomson, GA
As of the latest ACS Survey released in 2023, Thomson, GA has a population of 17,200, which has remained stable by 0.9% over the past 5 years. Thomson, GA is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,200 | 0.9% |
% Under 18 | 23.5% | -10.6% |
% Seniors | 18.9% | 14.5% |
% WFH | 6.7% | 148.1% |
% w/ College Degree | 20.2% | 33.8% |
As of the latest ACS Survey released in 2023, Thomson, GA is a predominantly white area, with 48.6% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Thomson, GA is black, making up 45.6% of the population. Foreign-born residents account for 2.2% of the population in Thomson, GA, and this percentage has decreased by 21.4% 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 | 48.6% | 0.2% |
% Black | 45.6% | -1.1% |
% Hispanic | 3.6% | 38.5% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 2.2% | -21.4% |
Mortgage and Risk — Thomson, GA
According to HUD data as of 2023, there were 214 mortgage originations in Thomson, GA, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Thomson, GA. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 214 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Thomson, GA
Thomson, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 356 |
Total Units Section 8 | 148 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | $40 | $950 | $990 |
| 3 Bedroom | $200 | $1,120 | $1,320 |
| 4 Bedroom | -$340 | $1,950 | $1,610 |
Affordability — Thomson, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $196,000 |
| Median Household Income | $54,200 |