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Market Snapshot

Median listing price
$290K

The median listing price in Griffin, GA ZIP 30223 is $289,900 as of July 2026.

Median rent
$1,225/mo

The median market rent in Griffin, GA ZIP 30223 is $1,225/month as of July 2026.

Days on market
293 days

The median days on market in Griffin, GA ZIP 30223 is 293 days as of July 2026. The market is currently neutral.

Gross rental yield
5.07%

At a median list price of $289,900 and a median rent of $1,225/month, the gross rental yield in Griffin, GA ZIP 30223 is 5.07% as of July 2026.

Griffin, GA 30223 Real Estate Market Report

ZIP Code: 30223

Report Date: July 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
187
Active Listings
102
Sold Properties
85

Market Metrics

Median Listing Price
$289,900
Median Sold Price
$183,000
Median Price per Sqft
$153/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,225

Property Taxes

Property Tax Rate
1.00%

Liquidity & Velocity

Median Days on Market
293
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Griffin, GA are averaging 6.54%, reflecting a stable market environment for property owners compared to earlier 2026 fluctuations.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market value indicator is the median sold price 183,000, which should be used as the baseline for valuation because it reflects completed transactions; use sold-price comps.
  2. There is a notable gap between the median listing price 289,900 and the median sold price 183,000, which suggests pricing friction where seller expectations may exceed realized market value; moderate pricing disconnect.
  3. Slower sales velocity is evident: the median days on market is 293, which may indicate longer marketing times and increased negotiation leverage for buyers and caution for time-sensitive sellers; longer time-on-market.
  4. Market temperature is neutral and price year-over-year trend is up while rent year-over-year trend is up and interest rate pressure is moderate; combined with current 30-year fixed mortgage rates averaging 6.54%, this suggests a balanced environment with modest price appreciation and stable rental growth, supporting cautious, data-driven pricing and underwriting strategies; balanced market.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3890 Newnan Rd, Griffin, GA 30223
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths3,436 sqft
$980,000
May 1, 2026
$285/sqft
402 days on market
490 N Pine Hill Rd, Griffin, GA 30223
Premium

Sold above market average

6 beds4 baths3,512 sqft
$774,900
Jun 1, 2026
$221/sqft
109 days on market
1070 Birdie Rd, Griffin, GA 30223
Premium

Sold above market average

3 beds1 baths1,452 sqft
$570,000
May 1, 2026
$393/sqft
219 days on market
304 Kilgore Rd, Griffin, GA 30223
Market Benchmark

Sold at market average

3 beds2 baths1,487 sqft
$245,000
May 1, 2026
$165/sqft
274 days on market
2650 Jackson Rd, Griffin, GA 30223
Premium

Sold above market average

3 beds2 baths1,396 sqft
$243,100
May 1, 2026
$174/sqft
431 days on market
125 W Lexington Ave, Griffin, GA 30223
Market Benchmark

Sold at market average

3 beds2 baths1,545 sqft
$243,000
May 1, 2026
$157/sqft
366 days on market
1024 Lake Ave, Griffin, GA 30223
Value

Sold below market average

2 beds1 baths1,344 sqft
$90,000
Jun 1, 2026
$67/sqft
319 days on market
715 E Chappell St, Griffin, GA 30223
Value

Sold below market average

3 beds1 baths1,280 sqft
$75,000
May 1, 2026
$59/sqft
448 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$95/mo
30223 Avg Rent
30223 Cost to Own
Rent$1,225
Own$1,130

20% down, 6.49% rate, 1.0% tax

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

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