Is Atlanta, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlanta is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Atlanta has remained a Seller's Market.

Key Takeaway

Atlanta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Atlanta, GA cost?

Median Sold Price

$383,717

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$39,915(+11.6%)

Key Takeaway

Homes in Atlanta have sold for 11.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $225.1K$249.9K
+11.0%
2 $322.2K$360.4K
+11.8%
3 $355.4K$400.4K
+12.7%
4 $563.3K$623.3K
+10.7%
5+ $1.1M$1.2M
+14.3%

Median Sold Price Compared To Nearby Cities

Hapeville
+33.5%
East Point
+20.1%
Vinings
+16.2%
Decatur
+12.3%
Atlanta
+11.6%

How many homes are available in Atlanta, GA?

Number of Homes For Sale

May 2022Jun 2022%
3,4033,676+8.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 436491
+12.6%
2 862933
+8.2%
3 1,1441,212
+5.9%
4 605652
+7.8%
5+ 356388
+9.0%

Number of Homes Sold

May 2022Jun 2022%
1,0531,006-4.5%

Asking Price vs. Sold Price

280 Homes Were Sold
Under Asking

176 Homes Were Sold
At Asking

468 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlanta, you could pay more than the asking price. 50.6% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
28 Days19 Days-32.1%

Breakdown of Home Sale Times

836 Homes Were Sold
Under 30 Days

133 Homes Were Sold
In 30 - 90 Days

37 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Atlanta are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Atlanta, GA

Atlanta, GA has 3,676 homes for sale to choose from. The number of homes for sale in Atlanta, GA increased by 8% between May 2022 and June 2022. The median list price of listings available in June 2022 was $383,717, while the average time on the real estate market was 19 days. Real estate listing prices changed between May 2022 and June 2022: prices of 1 bedroom properties went up by 11%, the cost of 2 bedrooms properties went up by 11.8%, 3 bedrooms properties became 12.7% more expensive, 4 bedrooms properties prices increased by 10.7%, 5 bedrooms properties became 14.3% more expensive. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 12.6%, 2 bedrooms homes inventory increased by 8.2%, volume of 3 bedrooms homes went up by 5.9%, 4 bedrooms homes inventory increased by 7.8%, 5 bedrooms homes inventory increased by 9%. Atlanta, GA housing market in June 2022 saw over 468 listings sold above listed price, more than 176 sold at listed price and over 280 sold below.

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