Is Atlanta-Decatur, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Atlanta-Decatur has remained a Seller's Market.
Housing Prices in Atlanta-Decatur, GA
How much do homes in Atlanta-Decatur, GA cost?
Median Sold Price
$349,691
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Atlanta-Decatur was $349,691 in April 2024, down 1.3% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239.4K | $240K | 0.2% |
2 Bedrooms | $279.9K | $285K | +1.8% |
3 Bedrooms | $329.9K | $320.4K | -2.9% |
4 Bedrooms | $411.5K | $399.9K | -2.8% |
5+ Bedrooms | $645K | $606.8K | -5.9% |
Summary: Atlanta-Decatur housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
Pine Lake | $325K | $340K | +4.6% |
Clarkston | $305K | $314.9K | +3.3% |
Atlanta-Decatur | $354.4K | $349.6K | -1.3% |
Decatur | $352.9K | $329.3K | -6.7% |
Avondale Estates | $575K | $500K | -13.0% |
Housing Supply in Atlanta-Decatur, GA
How many homes are available in Atlanta-Decatur, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,064 | 2,417 | +17.1% |
Summary: The Atlanta-Decatur real estate market had 2,417 homes for sale in April 2024, a 17.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 55 | 62 | +12.7% |
2 Bedrooms | 232 | 279 | +20.3% |
3 Bedrooms | 987 | 1,133 | +14.8% |
4 Bedrooms | 551 | 674 | +22.3% |
5+ Bedrooms | 239 | 269 | +12.6% |
Summary: The Atlanta-Decatur housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 12.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
472 | 498 | +5.5% |
Asking Price vs. Sold Price
218 Homes Were Sold
Under Asking
126 Homes Were Sold
At Asking
129 Homes Were Sold
Over Asking
Summary: A total of 498 homes were sold or pending in Atlanta-Decatur in April 2024, up by 5.5% month-over-month. Of the 473 sold homes, 46% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Atlanta-Decatur, GA
How long does it take to sell a home in Atlanta-Decatur, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 30 Days | +2.8% |
Summary: Homes in Atlanta-Decatur had an average of 30 days on market in Apr 2024, up by 2.8% compared to last year.
Breakdown of Home Sale Times
325 Homes Were Sold
Under 30 Days
131 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Summary: During April 2024, 498 homes were sold in Atlanta-Decatur; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.