GA · Metro #9

Atlanta - GA housing market

The Atlanta metro has a typical home value of $382,938, down 2.1% from a year ago. Homes sell in 33 days on average - a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$382,938
-2.1% vs. year ago
Median sale price
$377,939
+2.5% YoY
Median list price
$404,667
Sale-to-list ratio
98.1%
Selling below ask
Days on market
33d
Listings w/ price cut
26.7%
New listings / mo
8,990
-3.7% YoY
Homes for sale
32,204
+2.4% YoY
Typical rent
$1,840/mo
+1.4% YoY
Context

How to read this data

The typical home value ($382,938) 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 2.1% over the past year. A home worth $391,152 last year is now worth roughly $382,938.

The median sale price , what homes actually close for , is $377,939. Homes are selling at 98.1% of list price, meaning buyers have room to negotiate.

Homes listed in Atlanta - GA sit on the market for roughly 33 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 8,990 new listings hit the market each month in Atlanta - GA. There are currently 32,204 homes for sale, up 2.4% from a year ago.

The typical monthly rent in Atlanta - GA is $1,840, up 1.4% 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$253,524 +2.8% 25.0d
Savannah - GA$348,054 -2.6% 34.0d
Columbus - GA$209,527 +3.0% 17.0d
Macon - GA$200,228 +2.3% 24.0d
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