Market Overview
Home Prices in Bonanza, GA
The median home value in Bonanza, GA is $225,324 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.5% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bonanza are priced45% below average. Bonanza is part of the Atlanta-Sandy Springs-Alpharetta, GA metro area.
Over the past five years, Bonanza home values have risen by approximately23.0%, reflecting strong long-term appreciation in this market.
Price History
Bonanza Home Price Trend
City Comparison
Bonanza vs. National Median
At $225,324, homes in Bonanza cost 45% below the national median of $410,000. This makes Bonanza a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bonanza?
20% Down Payment
$45,065
on $225,324
Monthly P&I
$1,175/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,492/mo
incl. taxes & insurance
Income Needed
$59,680
gross annual (30% rule)
10% Down Option
$22,532
+ PMI applies
Loan Amount (20% dn)
$180,259
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bonanza, GA?
The median home value in Bonanza is $225,324 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.5% year-over-year.
How much have home prices changed in Bonanza?
Over the past year, home values in Bonanza have decreased by 3.5%. Over five years, prices have risen approximately 23.0%.
How much do I need to earn to buy a home in Bonanza?
To comfortably afford the median home price of $225,324 with a 20% down payment ($45,065) at today's rates (6.8%), you'd need a gross annual income of approximately $59,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Bonanza compare to the national average home price?
The national median home value is approximately $410,000. At $225,324, homes in Bonanza are 45% below the national average.
What metro area is Bonanza part of?
Bonanza is part of the Atlanta-Sandy Springs-Alpharetta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.