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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlanta-Decatur is a seller's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Atlanta-Decatur, GA cost?

Median Sold Price

$358,091

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$33,397(+10.3%)

Key Takeaway

Homes in Atlanta-Decatur have sold for 10.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $189.3K$236K
+24.7%
2 $257.7K$268.3K
+4.1%
3 $310.2K$338.7K
+9.2%
4 $378.7K$422.9K
+11.7%
5+ $540.3K$647.8K
+19.9%

Median Sold Price Compared To Nearby Cities

Pine Lake
+17.2%
Atlanta-Decatur
+10.3%
Avondale Estates
+7.5%
Decatur
+2.9%
Clarkston
-6.3%

How many homes are available in Atlanta-Decatur, GA?

Number of Homes For Sale

Jan 2023Feb 2023%
1,6041,769+10.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 3435
+2.9%
2 175192
+9.7%
3 756846
+11.9%
4 456501
+9.9%
5+ 183195
+6.6%

Number of Homes Sold

Jan 2023Feb 2023%
272365+34.2%

Asking Price vs. Sold Price

181 Homes Were Sold
Under Asking

76 Homes Were Sold
At Asking

68 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlanta-Decatur, you may be able to get a good deal. 55.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
26 Days44 Days+69.3%

Breakdown of Home Sale Times

210 Homes Were Sold
Under 30 Days

92 Homes Were Sold
In 30 - 90 Days

63 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Atlanta-Decatur 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-Decatur, GA

Atlanta-Decatur, GA has 1,769 homes for sale to choose from. The number of listings in Atlanta-Decatur, GA increased by 10.3% between January 2023 and February 2023. In February 2023 median list price was $358,091 and the average listing age was 44 days. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 24.7%, 2 bedrooms properties prices increased by 4.1%, prices of 3 bedrooms properties went up by 9.2%, the cost of 4 bedrooms properties went up by 11.7%, 5 bedrooms properties prices increased by 19.9%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 2.9%, volume of 2 bedrooms homes went up by 9.7%, 3 bedrooms homes became 11.9% more available, 4 bedrooms homes inventory increased by 9.9%, 5 bedrooms homes inventory increased by 6.6%. Atlanta-Decatur, GA housing market in February 2023 saw over 68 listings sold above listed price, more than 76 sold at listed price and over 181 sold below.

Related Housing Market Reports