Augusta, GA—30906
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Augusta, GA
As of Oct '25, the median home price in Augusta, GA is $143,000, with a year-over-year change of -4.0%. This indicates that home prices in Augusta, GA are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $143,000 | -4.0% |
| Single Family | $143,000 | -3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $88,000 | -10.2% |
3 Bed | $142,000 | -4.1% |
4 Bed | $182,000 | -1.1% |
| 5 Bed | $199,000 | -1.5% |
% of Housing Stock
Rental Trends — Augusta, GA
As of July '25, Rentcast reports the average rent in Augusta, GA is $1,300, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Augusta, GA is studios: $708, 1-bedrooms: $845, 2-bedrooms: $1,200, 3-bedrooms: $1,400, 4-bedrooms: $1,480. The most common rental property sizes in Augusta, GA are 3-bedroom and 2-bedroom, accounting for 46.8% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | $675 | $708 |
| 1 Bed Rent | $860 | $845 |
| 2 Bed Rent | $1,100 | $1,200 |
| 3 Bed Rent | $1,350 | $1,400 |
| 4 Bed Rent | $1,440 | $1,480 |
% of Rental Stock
Property Listings — Augusta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Augusta, GA is 65. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter 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 | $175,000 | -2.0% |
Listing Count | 213 | 0.0% |
| Listings as % of Homes | 0.7% | 0.0% |
Days on Market | 65 | -2.0% |
Demographics — Augusta, GA
As of the latest ACS Survey released in 2023, Augusta, GA has a population of 61,400, which has increased by 5.7% over the past 5 years. Augusta, GA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,400 | 5.7% |
% Under 18 | 26.0% | -4.8% |
% Seniors | 13.1% | -0.8% |
% WFH | 7.4% | 362.5% |
% w/ College Degree | 12.2% | 14.0% |
As of the latest ACS Survey released in 2023, Augusta, GA is a predominantly black area, with 65.5% of the population identifying as black. The black population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Augusta, GA is white, making up 26.5% of the population. Foreign-born residents account for 2.2% of the population in Augusta, GA, and this percentage has decreased by 15.4% 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 | 26.5% | -1.9% |
% Black | 65.5% | -2.5% |
% Hispanic | 4.6% | 7.0% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 2.2% | -15.4% |
Mortgage and Risk — Augusta, GA
According to HUD data as of 2023, there were 744 mortgage originations in Augusta, GA, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Augusta, GA. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 744 |
% Conventional Loans | 46.0% |
% Government Loans | 54.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Augusta, GA
As of 2024, the percent of homes in Augusta, GA under the Section 8 program is 22.2%. 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. 1-bedroom and 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 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,685 |
Total Units Section 8 | 2,362 |
% Rentals under Section 8 | 22.2% |
% Occupied Section 8 | 79.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $860 | $960 |
| 2 Bedroom | -$10 | $1,100 | $1,090 |
| 3 Bedroom | $80 | $1,350 | $1,430 |
| 4 Bedroom | $310 | $1,440 | $1,750 |
Affordability — Augusta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $143,000 |
| Median Household Income | $46,200 |