Augusta, GA30904

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$157,000
4.6% YoY Growth
Median Household Income
$45,600
32.5% 5-Year Growth
Days on Market
68
7.0% Longer than last year
Home Price Forecast
1.7%
Median Rent
$1,280
12.9% YoY Growth
1-Bed Rent
$1,050
26.4% YoY Growth
2-Bed Rent
$1,200
14.5% YoY Growth
3-Bed Rent
$1,450
4.6% YoY Growth

Other Zip Codes in Augusta, GA

Property Listings — Augusta, GA

As of Oct '25, Realtor.com reports that the median days on market for a home in Augusta, GA is 68. This is a increase of 7.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$177,000-3.0%
Listing Count
16037.0%
Listings as % of Homes0.7%37.0%
Days on Market
687.0%
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Demographics — Augusta, GA

As of the latest ACS Survey released in 2023, Augusta, GA has a population of 23,700, which has decreased by -8.1% over the past 5 years. Augusta, GA is a moderately popular place for families, as children make up 19.5% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
23,700-8.1%
% Under 18
19.5%-14.5%
% Seniors
16.4%12.3%
% WFH
7.3%192.0%
% w/ College Degree
30.6%9.7%
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As of the latest ACS Survey released in 2023, Augusta, GA is a predominantly black area, with 47.9% 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 Augusta, GA is white, making up 40.8% of the population. Foreign-born residents account for 3.1% of the population in Augusta, GA, and this percentage has decreased by 20.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
40.8%-9.1%
% Black
47.9%-0.4%
% Hispanic
6.0%50.0%
% Asian
1.9%5.6%
% Foreign Born
3.1%-20.5%
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Mortgage and Risk — Augusta, GA

According to HUD data as of 2023, there were 316 mortgage originations in Augusta, GA, of which 73.0% 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 Augusta, GA. Investor activity is low, as 10.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
316
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
10.0%
% Second Loans
2.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Augusta, GA

As of 2024, the percent of homes in Augusta, GA under the Section 8 program is 19.3%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Augusta, GA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD
1,466
Total Units Section 8
945
% Rentals under Section 8
19.3%
% Occupied Section 8
80.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$60$1,050$990
2 Bedroom-$80$1,200$1,120
3 Bedroom$20$1,450$1,470
4 Bedroom$320$1,480$1,800

Affordability — Augusta, GA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$157,000
Median Household Income$45,600

Augusta, GA — ZIP Code Boundary Map

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Frequently Asked Questions