GA · Metro #9

Atlanta - GA housing market

The Atlanta metro has a typical home value of $383,050, down 2.0% from a year ago. Homes sell in 35 days on average, a balanced market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$383,050
-2.0% vs. year ago
Median sale price
$377,743
+2.4% YoY
Median list price
$409,967
Sale-to-list ratio
98.3%
Selling below ask
Days on market
35d
Listings w/ price cut
28.0%
New listings / mo
8,906
-3.4% YoY
Homes for sale
33,405
+1.0% YoY
Typical rent
$1,854/mo
+1.8% YoY
Context

How to read this data

The typical home value ($383,050) is the Zillow Home Value Index for the Atlanta - GA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 2.0% over the past year. A home worth $390,867 last year is now worth roughly $383,050.

The median sale price , what homes actually close for , is $377,743. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.

Homes listed in Atlanta - GA sit on the market for roughly 35 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 8,906 new listings hit the market each month in Atlanta - GA. There are currently 33,405 homes for sale, up 1.0% from a year ago.

The typical monthly rent in Atlanta - GA is $1,854, up 1.8% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in GA

MetroHome value1-yr changeDays on market
Augusta - GA$254,362 +2.7% 24.0d
Savannah - GA$347,127 -2.6% 35.0d
Columbus - GA$212,248 +3.3% 17.0d
Macon - GA$201,910 +2.6% 25.0d
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