Bonaire, GA 31005 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bonaire, GA—31005

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$295,000

3.1% YoY Growth

Household Income

$107,000

39.2% YoY Growth

Days on Market

126

80.0% Longer YoY

Home Price Forecast

2.9%

Median Rent

$1,720

7.7% YoY Growth

1-Bed Rent

$967

N/A

2-Bed Rent

$1,220

83.1% YoY Growth

3-Bed Rent

$1,700

5.7% YoY Growth

Home Price Trends — Bonaire, GA

As of Dec '25, the median home price in Bonaire, GA is $295,000, with a year-over-year change of 3.1%. This indicates that home prices in Bonaire, GA are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$295,000	3.1%
Single Family	$295,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bonaire, GA

As of July '25, Rentcast reports the average rent in Bonaire, GA is $1,810, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Bonaire, GA is 1-bedrooms: $976, 2-bedrooms: $1,190, 3-bedrooms: $1,840, 4-bedrooms: $2,190. The most common rental property sizes in Bonaire, GA are 3-bedroom and 2-bedroom, accounting for 56.6% and 24.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,720	$1,810
Studio Rent	N/A	N/A
1 Bed Rent	$967	$976
2 Bed Rent	$1,220	$1,190
3 Bed Rent	$1,700	$1,840
4 Bed Rent	$2,100	$2,190

Loading chart...

% of Rental Stock

1 Bedroom

4.3%

2 Bedrooms

24.8%

3 Bedrooms

56.6%

4 Bedrooms

14.4%

Property Listings — Bonaire, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Bonaire, GA is 96. This is a increase of 45.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$370,000	7.0%
Listing Count	165	-5.0%
Listings as % of Homes	2.2%	-5.0%
Days on Market	126	80.0%

Loading chart...

Demographics — Bonaire, GA

As of the latest ACS Survey released in 2023, Bonaire, GA has a population of 20,700, which has increased by 18.1% over the past 5 years. Bonaire, GA is a popular place for families, as children make up 28.5% of the population. The area has a moderately educated workforce, with 40.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,700	18.1%
% Under 18	28.5%	5.2%
% Seniors	9.1%	-4.2%
% WFH	8.7%	411.8%
% w/ College Degree	40.6%	26.1%

Loading chart...

As of the latest ACS Survey released in 2023, Bonaire, GA is a predominantly white area, with 60.9% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Bonaire, GA is black, making up 22.5% of the population. Foreign-born residents account for 4.8% of the population in Bonaire, GA, and this percentage has increased by 11.6% 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	60.9%	-9.2%
% Black	22.5%	9.8%
% Hispanic	7.5%	-7.4%
% Asian	1.2%	-20.0%
% Foreign Born	4.8%	11.6%

Loading chart...

Mortgage and Risk — Bonaire, GA

According to HUD data as of 2023, there were 917 mortgage originations in Bonaire, GA, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Bonaire, GA. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	917
% Conventional Loans	50.0%
% Government Loans	50.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

Loading chart...

Rentals and Section 8 — Bonaire, GA

As of 2024, the percent of homes in Bonaire, GA under the Section 8 program is 2.9%. 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 Bonaire, 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	40
Total Units Section 8	40
% Rentals under Section 8	2.9%
% Occupied Section 8	62.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$473	$967	$1,440
2 Bedroom	$370	$1,220	$1,590
3 Bedroom	$430	$1,700	$2,130
4 Bedroom	$390	$2,100	$2,490

Bonaire, GA—31005

Key Metrics at a Glance

Home Price Trends — Bonaire, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bonaire, GA

% of Rental Stock

Property Listings — Bonaire, GA

Demographics — Bonaire, GA

Race and Ethnicity

Mortgage and Risk — Bonaire, GA

Mortgages

Rentals and Section 8 — Bonaire, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bonaire, GA

Home Price to Income Ratio

Bonaire, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Warner Robins, GA

Robins Air Force Base, GA

Kathleen, GA

Warner Robins, GA

Warner Robins, GA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.5
Median Home Price	$295,000
Median Household Income	$107,000

Bonaire, GA—31005

Key Metrics at a Glance

Home Price Trends — Bonaire, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bonaire, GA

% of Rental Stock

Property Listings — Bonaire, GA

Demographics — Bonaire, GA

Race and Ethnicity

Mortgage and Risk — Bonaire, GA

Mortgages

Rentals and Section 8 — Bonaire, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bonaire, GA

Home Price to Income Ratio

Bonaire, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Warner Robins, GA

Robins Air Force Base, GA

Kathleen, GA

Warner Robins, GA

Warner Robins, GA

Frequently Asked Questions

What is the average home price in Bonaire, GA 31005?

How have home prices in Bonaire, GA 31005 changed over the past year?

What is the home price projection for Bonaire, GA 31005?

What are the demographics of Bonaire, GA 31005?

How long does it take homes to sell in Bonaire, GA 31005?

What is the average rent price in Bonaire, GA 31005?