Renter-heavy Georgia ZIP codes see sharp 12-month price moves through October

ATLANTA Single-family prices in several of Georgia's most renter-heavy ZIP codes moved sharply over the past year, a shift that changes the math for buy-and-hold investors. The biggest move was in ZIP 30504, where the 12-month median fell 12.2% to $368,918 through October.

These ZIP codes come from our SFR investor finder, which pairs FMLS closed sales with Census renter shares and HUD Small Area Fair Market Rents. The ones below moved the most on 12-month price or price-cut share:

ZIP 30504: 12-month median $368,918, down 12.2%; 43.9% of sales after a price cut; renter-occupied share 43.7%; HUD two-bedroom Small Area Fair Market Rent $1,560.

ZIP 30032: 12-month median $290,000, up 9.4%; 46.9% of sales after a price cut; renter-occupied share 42.2%; HUD two-bedroom Small Area Fair Market Rent $1,490.

ZIP 30314: 12-month median $272,500, down 9.1%; 47.3% of sales after a price cut; renter-occupied share 57.9%; HUD two-bedroom Small Area Fair Market Rent $1,210.

ZIP 30354: 12-month median $309,000, down 9.1%; 40.5% of sales after a price cut; renter-occupied share 54.7%; HUD two-bedroom Small Area Fair Market Rent $1,440.

ZIP 30096: 12-month median $410,000, down 8.9%; 36.8% of sales after a price cut; renter-occupied share 56.8%; HUD two-bedroom Small Area Fair Market Rent $2,020.

ZIP 30305: 12-month median $830,000, down 8.8%; 31.1% of sales after a price cut; renter-occupied share 48.4%; HUD two-bedroom Small Area Fair Market Rent $2,240.

Rents shown are HUD's published Small Area Fair Market Rents, not observed leases. Sale figures are official FMLS closings for the 12 months through October.