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Bonanza, GA

Full City Profile · Georgia · Clayton County County

3.0 /5.0
B Good
3,567 Population 3,397/sq mi density
$63,308 Median Income $30,037 per capita
$179,800 Home Value $224,918 Zillow
$1,521 Median Rent 43.3% income on rent
63°F Avg Temperature 304 sunny days/yr
460 Violent Crime/100K 3,854 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$63,308 median income, 10.6% unemployment
A+
Affordability
5.0 / 5.0
$179,800 home value, $1,521/mo rent
F
Safety
1.0 / 5.0
460 violent crimes/100K (21% above avg)
C+
Education
2.7 / 5.0
21.7% bachelor's degree or higher

Housing Overview

Median Home Value
$179,800
36% below
US avg: $281,900
Median Rent
$1,521/mo
31% above
US avg: $1,163/mo
Homeownership Rate
55.2%
16% below US avg (65.4%)
Total Housing Units
1,616
Median year built: 1997

Home Value by Source

Census Median
$179,800
Zillow (ZHVI)
$224,918
Median Sale Price
$230,000
Median List Price
$214,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.2%
Owner-Occupied
44.8%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$979/mo
1 Bedroom
$1,023/mo
2 Bedroom
$1,203/mo
3 Bedroom
$1,524/mo
4 Bedroom
$1,775/mo
Census median rent: $1,521/mo · Zillow rent: $1,848/mo

Market Indicators (Redfin)

Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$162
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
43.3%
of renters spending 30%+ of income on housing
40% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
55.2%

Complete Housing Data

Home Values

Census Median Value$179,800
Zillow Home Value (ZHVI)$224,918
Median Sale Price$230,000
Median List Price$214,900
Price Per Sq Ft$162

Rent

Census Median Rent$1,521
Zillow Rent (ZORI)$1,848
FMR Studio$979
FMR 1-Bedroom$1,023
FMR 2-Bedroom$1,203
FMR 3-Bedroom$1,524
FMR 4-Bedroom$1,775

Market

Days on Market60
Sale-to-List Ratio1.0%
Price Drops27.3%
Homes Sold4
Active Inventory11
Price Per Sq Ft$162

Ownership & Stock

Owner-Occupied55.2%
Renter-Occupied44.8%
Homeownership Rate55.2%
Total Housing Units1,616
Median Year Built1997
Rent Burden43.3%