Is Atlanta-Decatur, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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.
Housing Prices in Atlanta-Decatur, GA
How much do homes in Atlanta-Decatur, GA cost?
Median Sold Price
$349,620
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Atlanta-Decatur have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Atlanta-Decatur was $349,620 in March 2024, down 2.2% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $239.9K | $239K | -0.4% |
| 2 Bedrooms | $275.3K | $285K | +3.5% |
| 3 Bedrooms | $334.3K | $320K | -4.3% |
| 4 Bedrooms | $422.4K | $394.6K | -6.6% |
| 5+ Bedrooms | $637.9K | $615.1K | -3.6% |
Summary: Atlanta-Decatur housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Clarkston | $292.5K | $320K | +9.4% |
| Atlanta-Decatur | $357.4K | $349.6K | -2.2% |
| Decatur | $361.2K | $329.1K | -8.9% |
| Avondale Estates | $570K | $515K | -9.6% |
Housing Supply in Atlanta-Decatur, GA
How many homes are available in Atlanta-Decatur, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,909 | 2,170 | +13.7% |
Summary: The Atlanta-Decatur real estate market had 2,170 homes for sale in March 2024, a 13.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 48 | 61 | +27.1% |
| 2 Bedrooms | 214 | 236 | +10.3% |
| 3 Bedrooms | 921 | 1,044 | +13.4% |
| 4 Bedrooms | 490 | 581 | +18.6% |
| 5+ Bedrooms | 236 | 248 | +5.1% |
Summary: The Atlanta-Decatur housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 5.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 402 | 432 | +7.5% |
Asking Price vs. Sold Price
168 Homes Were Sold
Under Asking
102 Homes Were Sold
At Asking
134 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atlanta-Decatur, you may be able to get a good deal. 41.6% of homes here sold below asking price last month.
Summary: A total of 432 homes were sold or pending in Atlanta-Decatur in March 2024, up by 7.5% month-over-month. Of the 404 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Atlanta-Decatur, GA
How long does it take to sell a home in Atlanta-Decatur, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 32 Days | -15.1% |
Summary: Homes in Atlanta-Decatur had an average of 32 days on market in Mar 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
281 Homes Were Sold
Under 30 Days
110 Homes Were Sold
In 30 - 90 Days
41 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Atlanta-Decatur are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 432 homes were sold in Atlanta-Decatur; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 9% 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.