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Atlanta Real Estate Market Overview

Average Monthly Rent:

$1,812

Percentage Change in Home Price/Value:

7.5%

Median Home Value:

$400,000

Best Time To Sell Home:

June

Affordability Index:

101

Days To Sell House:

41

Job Market:

Fair

Public School Ranking:

32

Location and Weather

Atlanta is located on the coastline of the Atlantic, just north of Florida and is the seat of Fulton County. It is the most populous city in Georgia, as well as the capital of the state. Best known as the hometown of Martin Luther King Jr. and the birthplace of Coca-Cola, Atlanta also has a reputation for being a friendly city full of quality restaurants, unique recreation opportunities, a stable job market, and mild weather.

Winters here are cold without the heavy snow and summers are hot but tolerable, reaching highs in the upper 80s in July. There’s also around 52 inches of rain here per year.

Population, Job Market and Cost of Living

Atlanta has a population of 532,695, with a growth rate of 1.65% annually. The job market has increased by 2.9% over the last year. In ten years, job growth is predicted to be 46.8%. Atlanta is home to more than a dozen Fortune 500 companies, and was recently named the 6th Best City for Job Seekers. The strongest industries of Atlanta’s job market include technology, sales, and education. There is also a strong music scene here, as well as some major healthcare employers – including Emory University Hospital and WellStar Atlanta Medical Centre.

Living in Atlanta is a more expensive city, with a higher average cost of living than the Georgia and U.S. average. Housing and transportation are some of the highest costs for residents here, especially considering Atlanta’s low walkability rate.

Hottest Neighborhoods:

Buckhead, Summerhill, Westview, East Atlanta, Midtown, Old Forthward

Average Monthly Rent in Atlanta

The average monthly rent in Atlanta is $1,812 for an average apartment size of 971 sq. feet.

Change in Home Value and Median Home Value

There has been a 7.5% increase in Atlanta’s median home value over the last year. As of 2022, the median home value is $400,000.

Days to Sell a House

On average, homes in Atlanta sell after 41 days on the market.

Best Time to Sell a House in Atlanta

The best time to sell a home in Atlanta for the most amount of money is in June, while the best time to sell quickly is in August.

Affordability Index

The affordability index in Atlanta is 101. This number indicates increased affordability in this city.

Atlanta Public School Ranking

The top ranked public schools are Brandon Elementary School, Charles R. Drew Charter School, Kipp South Fulton Academy School, Woodland Elementary Charter School, Heards Ferry Elementary School. This information is dependent on data measuring academic performance and equity.

Jojy T.

1445 Turtle Dove Lane, Lawrenceville, GA 30043

"The response to my online query was very quick and with excellent support"

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Chad S.

3792 Finger Creek Southwest, Lilburn, GA 30047

"The offer, inspection, and closing were all completed in about 4 weeks"

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Laureen C.

5040 Bouldercrest Rd, Ellenwood, GA 30294

"There was very minimal effort! Amazing Service! So easy to use!"

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Zanne S.

3163 Lilac Creek Trl. Gainesville, GA 30507

"Much easier than working with a realtor"

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