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Griffin, GA 30223 Real Estate Market Report

ZIP Code: 30223
Report Date: May 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
131
Active Listings
102
Sold Properties
29

Market Metrics

Median Listing Price
$275,000
Median Sold Price
$232,500
Median Price per Sqft
$156/sqft

Note: 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
1.03%

Liquidity & Velocity

Median Days on Market
259
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
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Griffin, GA are averaging 6.3%, which remains elevated compared to the sub-6% rates seen by many property owners in this market earlier in 2026.

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


Key Findings

  1. The neighborhood’s primary transaction signal is the median sold price, $232,500, which represents the most reliable indicator of current market value and suggests that recent closings are occurring below asking levels; this dynamic may create pricing friction between seller expectations and realized sale prices.

  2. Liquidity appears slower given the median days on market of 259, which points to a longer marketing horizon and suggests softening sales velocity relative to previous periods.

  3. Price and rent trends show mixed signals: the price year-over-year trend is up while the market temperature is neutral, indicating modest appreciation alongside a balanced transactional backdrop; concurrently, rent year-over-year trend is up with a median market rent of $1,225, implying supportive rental demand for investors and owners considering holding properties (up).

  4. Financing conditions are a headwind: interest rate pressure is elevated, and current 30-year fixed mortgage rates in Griffin, GA are averaging 6.3%, which may suppress buyer purchasing power and contribute to slower sales velocity—this is a negative factor for near-term transaction volume.


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 beds
3 baths
3,436 sqft
$980,000
Feb 1, 2026
$285/sqft/sqft
332 days on market
1070 Birdie Rd, Griffin, GA 30223
Premium

Sold above market average

3 beds
1 baths
1,452 sqft
$570,000
Apr 1, 2026
$393/sqft/sqft
149 days on market
128 Stillwater Trce, Griffin, GA 30223
Market Benchmark

Sold at market average

4 beds
3 baths
3,445 sqft
$505,000
Feb 1, 2026
$147/sqft/sqft
143 days on market
142 Wildwood Cir, Griffin, GA 30223
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
2,059 sqft
$235,000
Feb 1, 2026
$114/sqft/sqft
2293 N Walkers Mill Rd, Griffin, GA 30223
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,518 sqft
$235,000
Feb 1, 2026
$155/sqft/sqft
121 Peachtree St, Griffin, GA 30223
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,296 sqft
$225,000
Apr 1, 2026
$174/sqft/sqft
266 days on market
438 N 4th St, Griffin, GA 30223
Value

Sold below market average

3 beds
2 baths
2,742 sqft
$100,000
Feb 1, 2026
$36/sqft/sqft
101 days on market
533 Belle St, Griffin, GA 30223
Value

Sold below market average

2 beds
1 baths
728 sqft
$77,220
Feb 1, 2026
$106/sqft/sqft
223 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

-$194/mo
30223 Avg Rent
30223 Cost to Own
Rent$1,225
Own$1,419

20% down, 6.3% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

30223 Avg nightly rate
30223 Avg occupancy (days/year)
Nightly rate$120/night
Occupancy210 of 365 days

Data Sources

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

Report generated: 5/1/2026

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