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Housing Market Trends

The median sale price of homes in Atlanta is $322,000, with an average of 50 days on the market and homes selling for 2.3% under list price. The typical down payment hovers around 12.9 percent. Compare these prices and view trends in the real estate industry using the US housing market page. Click here to compare these prices to the US Housing Market.

The Atlanta housing market is considered somewhat competitive, with a Compete Score of 59 out of 100 according to Redfin’s Compete Score. Compete Score rates how difficult it could be to buy a home in a certain area. In Atlanta, homes sell for about 2% below list price and will have a pending offer around 50 days.

What are the Most Popular Neighborhoods in Atlanta?

These are the top 10 most popular neighborhoods in Atlanta based on the total views from real estate customers over the past year. Read more about the most popular neighborhoods in Atlanta or view homes for sale in each of these neighborhoods below.

 

Neighborhood

Average Home Price

Buckhead

$496K

Midtown

$332K

Grant Park

$480K

Virginia Highland

$507K

Inman Park

$503K

West End

$293K

East Atlanta

$398K

Morningside Lenox-Park

$601K

Old Fourth Ward

$270K

Ormewood Park

$426K

What are the Most Affordable Neighborhoods in Atlanta?

These are the most affordable neighborhoods in Atlanta based on the median home price in each area where at least 20 homes have been sold in 2020. Read more about the most affordable neighborhoods in Atlanta or view homes for sale in these neighborhoods below.

 

Neighborhood

Median List Price

Pittsburgh

$150K

Southside

$149K

Glenwood Hills

$170K

Venetian Hills

$173K

Glenrose Heights

$177K

Southwest Atlanta

$181K

Sandy Springs

$183K

Collier Heights

$200K

Grove Park

$220K

McAfee

$224K

Which Atlanta School Districts are the Best?

GreatSchools’ Summary Rating calculation is based on four of the school’s themed ratings: Test Scores, Student/Academic Progress, College Readiness, and Equity. Find out more about the themed ratings.

Elementary School: With a rating of 10/10, Oakhurst Elementary School, located in Decatur, is the top elementary school in Atlanta. Oakhurst has 544 students enrolled, making up grades preschool through third. Oakhurst has top scores in equity with 9/10, and test scores with 10/10.

Middle school: Inman Middle School, with 1,075 students, grades six through eight, holds the number one spot for middle schools in Atlanta with a score of 8/10. Inman also has top test scores, rating 10/10.

High school: Decatur High School, grades 9 through 12, is the number one high school in Atlanta, with a score of 10/10 for college readiness, and 9/10 for test scores. Decatur High School has a population of 1,339 students.

 

Atlanta Employment Information

 

Employment Information (March, 2020) Atlanta, GA United States
Income per Capita $40,595 $31,177
Household Income $51,701 $57,652
Unemployment Rate 4% 3.70%
Recent Job Growth 2.88% 1.59%
Future Job Growth 46.78% 33.51%

 

What are the Most Affordable Neighborhoods in Atlanta?

These are the most affordable neighborhoods in Atlanta based on the median home price in each area where at least 20 homes have been sold in 2020. Read more about the most affordable neighborhoods in Atlanta or view homes for sale in these neighborhoods below.

Neighborhood

Median List Price

Pittsburgh

$150K

Southside

$149K

Glenwood Hills

$170K

Venetian Hills

$173K

Glenrose Heights

$177K

Southwest Atlanta

$181K

Sandy Springs

$183K

Collier Heights

$200K

Grove Park

$220K

McAfee

$224K

Which Atlanta School Districts are the Best?

GreatSchools’ Summary Rating calculation is based on four of the school’s themed ratings: Test Scores, Student/Academic Progress, College Readiness, and Equity. Find out more about the themed ratings.

Elementary School: With a rating of 10/10, Oakhurst Elementary School, located in Decatur, is the top elementary school in Atlanta. Oakhurst has 544 students enrolled, making up grades preschool through third. Oakhurst has top scores in equity with 9/10, and test scores with 10/10.

Middle school: Inman Middle School, with 1,075 students, grades six through eight, holds the number one spot for middle schools in Atlanta with a score of 8/10. Inman also has top test scores, rating 10/10.

High school: Decatur High School, grades 9 through 12, is the number one high school in Atlanta, with a score of 10/10 for college readiness, and 9/10 for test scores. Decatur High School has a population of 1,339 students.

 

Atlanta Employment Information

Employment Information (March, 2020)

Atlanta, GA

United States

Income per Capita

$40,595

$31,177

Household Income

$51,701

$57,652

Unemployment Rate

4%

3.70%

Recent Job Growth

2.88%

1.59%

Future Job Growth

46.78%

33.51%

Living in Atlanta

What is There to Do and See in Atlanta?

If you’re moving to Atlanta, you’ll quickly realize that there is no shortage of things to do. Whether you’re a history buff, a food connoisseur, a thrill seeker, or simply enjoy the outdoors, there’s something for you. Read more about local insights on great restaurants, attractions, and outdoor activities.

Atlanta Attractions

  • Georgia Aquarium: With over 100,000 animals it’s no wonder the Georgia Aquarium is considered one of the largest in the United States.
  • High Museum of Art: Founded in 1905 and located in the city’s art district, Midtown, the High Museum of Art collection includes over 15,000 pieces.
  • The Zoo Atlanta: Spend the day learning about various animals from all different regions of the globe, including the African Elephant, African Lion, Bornean Orangutan, and the Clouded Leopard.

Best Eats in Atlanta

  • Busy Bee Cafe: Located in downtown Atlanta, the cafe has been popular among residents since opening in 1947, bringing customers traditional soul food in a cozy environment.
  • Southern City Kitchen Midtown: Situate yourself by the fireplace in the 1920s bungalow and enjoy the creative approach Southern City Kitchen Midtown takes on classic Southern cuisine.
  • Poor Calvin’s: Enjoy thai cuisine with a southern twist at this modern and intimate fusion restaurant.

Outdoor Activities

  • Atlanta Botanical Garden: Escape the city and visit this 30-acre garden oasis, located in the heart of Midtown. Spend time wandering through the different gardens, including the Edible Garden, the Lou Glenn Children’s Garden, and the Cascades Garden.
  • Centennial Olympic Park: This park dates back to 1996 where spectators of the Centennial Olympic Games would gather. You can escape the hustle and bustle of the city in this 22-acre park filled with artwork, playgrounds, and fountains.
  • Atlanta Beltline Eastside Trail: Ride your bike or walk along the Atlanta Beltline Eastside Trail and take in views of the city, stop and grab a bite to eat at a restaurant along the trail, and access several parks easily, including the Piedmont Park, Fourth Ward Park, and Inman Park.

Atlanta Weather Trends

Type

Atlanta

United States

Rainfall

51.5 inches

38.1 inches

Snowfall

1.4 inches

27.8 inches

Precipitation

109.3 days

106.2 days

Sunny

217 days

205 days

Average July High

88.3°

85.8°

Average January Low

32.6°

21.7°

What is Atlanta’s Public Transportation Like?

Transportation in Atlanta ranks 15th in the country for best public transit systems. There are many options for transportation, including by car, MARTA Public Transit System, streetcars, rideshare services, walking, and biking. You’re able to find routes and information for public transit through the MARTA website, and information for cyclists on the Atlanta Bicycle Coalition, site.

How are the Traffic Conditions in Atlanta?

Because of the city’s growing popularity, Atlanta’s traffic trends have seen better days. And, like any bustling city, there are times of the day you’ll want to avoid driving or commuting if possible. If not, make sure to plan ahead and be prepared for a slight delay. According to TomTom, the best time to avoid commuting on weekdays is 7 a.m. to 9 a.m., and 4 p.m. to 7 p.m. Depending on the day of the week, the trends may differ slightly. For example, Thursday seems to be more congested from 5 p.m. to 6 p.m. than other days of the week. However, no matter the day, the traffic in the evening seems to be slightly more congested than during the morning commute.

Atlanta Moving and Real Estate Resources

Moving Companies: Truck and I, Atlanta Home Movers, Top Dawg Moving, Bring it! Movers, Mark and Mover, B&B Movers, Inc..

Storage Companies: Life Storage, Your Extra Attic, Cross Country Movers, Atlanta PRO Moving Services, CubeSmart Self Storage.

Cable Services: AT&T, Xfinity, HughesNet, Viasat.

Water and Sewage: Atlanta Watershed Management.

Originally published on Redfin