Quitman, GA—31625
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Quitman, GA
As of Oct '25, the median home price in Quitman, GA is $250,000, with a year-over-year change of 4.3%. This indicates that home prices in Quitman, GA are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $250,000 | 4.4% |
| Single Family | $250,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Quitman, GA
Quitman, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Quitman, GA
Quitman, GA lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $3,780,000 | 772.0% |
Listing Count | 0 | -50.0% |
| Listings as % of Homes | 0.2% | -50.0% |
Days on Market | 155 | 56.0% |
Demographics — Quitman, GA
As of the latest ACS Survey released in 2023, Quitman, GA has a population of 972, which has remained stable by 0.0% over the past 5 years. Quitman, GA is a less popular place for families, as children make up 7.8% 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 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 972 | 0.0% |
% Under 18 | 7.8% | -64.4% |
% Seniors | 27.3% | 3.0% |
% WFH | 5.6% | 33.3% |
% w/ College Degree | 14.9% | -39.7% |
As of the latest ACS Survey released in 2023, Quitman, GA is a predominantly white area, with 67.8% of the population identifying as white. The white population has shrunk by 24.7% in the last 5 years. The second most common race or ethnicity in Quitman, GA is asian, making up 9.4% of the population. Foreign-born residents account for 12.9% of the population in Quitman, GA, and this percentage has increased by Inf% 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 | 67.8% | -24.7% |
% Black | 6.2% | -38.0% |
% Hispanic | 0.0% | N/A |
% Asian | 9.4% | ∞% |
% Foreign Born | 12.9% | ∞% |
Mortgage and Risk — Quitman, GA
According to HUD data as of 2023, there were 38 mortgage originations in Quitman, GA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Quitman, GA. Investor activity is high, as 26.0% 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 | 38 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 26.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Quitman, GA
Quitman, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | -$390 | $1,500 | $1,110 |
| 3 Bedroom | N/A | N/A | $1,470 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Quitman, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $250,000 |
| Median Household Income | $80,700 |