How much is a home worth in ZIP code 30238?

The typical home in 30238 is worth $229,461, based on the Zillow Home Value Index.

Are home values rising in 30238?

Home values in 30238 are down 4.9% over the past year, and up 4.8% a year over five years.

What is the typical rent in 30238?

A typical home in 30238 rents for about $1,741 a month, a gross rental yield of 9.1%.

What is the property tax rate in 30238?

The effective property tax rate in 30238 is 0.7% — roughly $1,661 a year on a typical home.

ZIP code 30238 has a population of 43,191 and a median household income of $62,185.

HousingHandbookReference data

…

U.S. ZIP Code · GA30238

Clayton County · Atlanta-Sandy Springs-Roswell, GA

Typical home value

$229,461^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.9%
5-year / yr: +4.8%
10-year / yr: +9.8%

Relative price

vs U.S.: -19.2%
vs metro: -36.7%
vs state: -10.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 30238 is worth $229,461 — 36.7% below the Atlanta-Sandy Springs-Roswell, GA median. Over the past year, values have fallen 4.9%. Homes here rent for a typical $1,741 a month — a 9.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,741^[2]
Gross yield: 9.1%^[2]
Cap rate: 5.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,661^[3]

#Climate risk

FEMA National Risk Index ratings for Clayton County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Moderate
Hurricane: Relatively Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 43,191^[3]
Median household income: $62,185^[3]

#Migration

Household moves in and out of Clayton County over a year, from IRS tax-return data.

Net migration: -1,038^[5]
Moved in: 12,638
Moved out: 13,676

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 3
Middle: 3
High: 1

Mundy's Mill High School
High · Grades 9–12 · Clayton County
1,618 students
Pointe South Middle School
Middle · Grades 6–8 · Clayton County
718 students
Callaway Elementary School
Elementary · Grades PK–5 · Clayton County
679 students
Brown Elementary School
Elementary · Grades PK–5 · Clayton County
671 students
Mundys Mill Middle School
Middle · Grades 6–8 · Clayton County
660 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield9.1%

Net yield (after ~40% expenses)5.5%

Annual rent$20,897

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,160

Loan principal$183,569

Down payment$45,892

Total interest paid$234,132

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.86

Monthly cost to own$1,489

Monthly rent$1,741

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 28th percentile^[1]
Rental yield: 96th percentile^[2]
Property tax: 30th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 30238?: The typical home in 30238 is worth $229,461, based on the Zillow Home Value Index.
Are home values rising in 30238?: Home values in 30238 are down 4.9% over the past year, and up 4.8% a year over five years.
What is the typical rent in 30238?: A typical home in 30238 rents for about $1,741 a month, a gross rental yield of 9.1%.
What is the property tax rate in 30238?: The effective property tax rate in 30238 is 0.7% — roughly $1,661 a year on a typical home.
Who lives in 30238?: ZIP code 30238 has a population of 43,191 and a median household income of $62,185.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

30344 vs 30238 →
East Point, GA
Typical home
$227,700
Gross yield
7.4%
30296 vs 30238 →
South Fulton, GA
Typical home
$232,186
Gross yield
8.4%
30314
Atlanta, GA
Typical home
$232,445
Gross yield
8.7%
30035
Stonecrest, GA
Typical home
$226,133
Gross yield
10.3%
30176
Tallapoosa, GA
Typical home
$235,529
Gross yield
—
30311
Atlanta, GA
Typical home
$236,020
Gross yield
10.8%

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Pit ZIP 30238 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · GA30238

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