Atlanta Real Estate Market Overview
Average Monthly Rent:
$1,382
Percentage Change in Home Price/Value:
+6.6%
Median Home Value:
$257,700
Best Time To Sell Home:
June
Affordability Index:
182.9
Days To Sell House:
63.75
Job Market:
Fair
Public School Ranking:
35
Location and Weather
Located in the foothills of the southern Appalachians, Atlanta is perfectly situated with mountains to the north that stop the cold air and give Atlanta mild winters. You can experience the four seasons, but they are mild and when it snows, it’s less than a few inches of snowfall. With Lake Lanier to the north as a major recreation center and the Chattanooga river nearby, it’s a great place for the freshwater activities
Population, Job Market and Cost of Living
Atlanta continues to be a rapidly growing city with the nation’s fourth highest population growth from 2017 to 2018. From 2010 to 2018 Atlanta was the fourth fastest growing city in the nation.
In those 8 years, 663,201 people moved to the metro Atlanta area making the total population 5.9 million.
Contributing to Atlanta’s growth is a growing tech and music production community. A high concentration of millennials in the city is a big part of that growth. With the headquarters of Delta Airlines, it is a primary transportation hub of the southeast. Cocoa-Cola, Home Depot, UPS, and Turner Broadcasting have their global headquarters in Atlanta. Creating a steady growth in jobs.
With a major airport with access to easy travel, a relatively low cost of living, mild climate and strong employment opportunities. We believe Atlanta is an expanding market for city and suburban living.
