$2,791 Closing Credit*
$235,000
1,290 SqFt
4 Beds
•2 Full Baths
Kevin Carlson, Listing Office: Keller Knapp, Inc
Is Atlanta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Atlanta was a Seller's Market.
Key Takeaway
Atlanta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Atlanta, GA
How much do homes in Atlanta, GA cost?
Median Sold Price
$421,299
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$15,634(+3.9%)
Key Takeaway
Homes in Atlanta have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Atlanta was $421,299 in September 2024, up 3.9% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255.9K | $251.8K | -1.6% |
| 2 Bedrooms | $331.5K | $340K | +2.6% |
| 3 Bedrooms | $385K | $394.8K | +2.5% |
| 4 Bedrooms | $573.7K | $589.9K | +2.8% |
| 5+ Bedrooms | $883.3K | $950.1K | +7.6% |
Summary: Atlanta housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Vinings | $494K | $524.9K | +6.3% |
| Hapeville | $299.9K | $317.5K | +5.9% |
| Atlanta | $405.6K | $421.2K | +3.9% |
| Decatur | $329K | $331.6K | +0.8% |
| East Point | $300K | $285.7K | -4.8% |
Housing Supply in Atlanta, GA
How many homes are available in Atlanta, GA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6,823 | 7,711 | +13.0% |
Summary: The Atlanta real estate market had 7,711 homes for sale in September 2024, a 13.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 762 | 820 | +7.6% |
| 2 Bedrooms | 1,313 | 1,482 | +12.9% |
| 3 Bedrooms | 2,436 | 2,751 | +12.9% |
| 4 Bedrooms | 1,356 | 1,547 | +14.1% |
| 5+ Bedrooms | 956 | 1,111 | +16.2% |
Summary: The Atlanta housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 16.2%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1,221 | 990 | -18.9% |
Asking Price vs. Sold Price
532 Homes Were Sold
Under Asking
213 Homes Were Sold
At Asking
185 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atlanta, you may be able to get a good deal. 57.2% of homes here sold below asking price last month.
Summary: A total of 990 homes were sold or pending in Atlanta in September 2024, down by 18.9% month-over-month. Of the 930 sold homes, 57% were sold under asking, 23% were sold at asking, and 20% were sold over asking.
Days on Market for Atlanta, GA
How long does it take to sell a home in Atlanta, GA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 28 Days | 43 Days | +52.7% |
Summary: Homes in Atlanta had an average of 43 days on market in Sep 2024, up by 52.7% compared to last year.
Breakdown of Home Sale Times
521 Homes Were Sold
Under 30 Days
333 Homes Were Sold
In 30 - 90 Days
136 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Atlanta are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 990 homes were sold in Atlanta; 53% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.