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Sarah Mitchell

CNESRESABR

Compass Real Estate · Atlanta, GA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Atlanta, GA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Atlanta, GA Housing Market & Real Estate

Leaning buyer's-2.4% YoY

Housing market overview · Updated monthly ·

$415,000median sale price

How is the Atlanta, GA housing market right now?

The median home sale price in Atlanta, GA is $415,000, down 2.4% year-over-year. Homes sell in an average of 48 days with 3,201 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Atlanta a buyer's or seller's market?

Leaning buyer's5.3 months of supply48 avg. days on market

Atlanta, GA is currently a leaning buyer's, based on 5.3 months of supply and homes selling in about 48 days. How we determine this →

Homes sold

602

Last 12 weeks

Days on market

48

Average pace

Active listings

3,201

5.3 months supply

Sale-to-list

98.1%

Below asking

What does the Atlanta housing market data show?

Current housing market statistics for Atlanta, GA
MetricValue
Median sale price$415,000
Median list price$425,000
Year-over-year price change-2.4%
Average days on market48 days
Active inventory3,201 listings
Months of supply5.3 months
Sale-to-list price ratio98.1%
Median price per sq ft$284/sq ft
Homes sold (latest month)602
New listings (latest month)969
Listings with a price cut30.6%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Atlanta by property type?

How the Atlanta, GA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Atlanta, GA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$480,000$272/sq ft34031 days
Condo / Co-op$315,000$297/sq ft17276 days
Townhouse$502,500$277/sq ft7662 days

Source: Redfin · Updated monthly

The Atlanta housing market is currently classified as a leaning buyer's with a median sale price of $415,000. Prices have fallen 2.4% compared to last year, with homes spending an average of 48 days on market, indicating 5.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.

Homes for sale in Atlanta

There are currently 3,201 homes listed for sale in Atlanta, Georgia. The median listing price is $425K.

Active listings

3,201

Homes on market

Median list price

$425K

Avg. days on market

48

Days until sale

New this week

969

Newly listed

Price drops:30.6%of listings
Sale-to-list:98.1%

Who lives in Atlanta?

Population

499,287

Median income

$81,938/yr

Median age

34 years

Owner-occupied

46.3%

College grads

58.4%

Avg commute

26.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Atlanta?

Zillow home value

$387,146

Zillow rent index

$1,911/mo

Price-to-rent ratio

16.9x

Price-to-income

4.7x

Source: Zillow Research

What is it like to live in Atlanta?

Atlanta is a community of approximately 499K residents with a median age of 34 years.The median household income is $81,938, which reflects a relatively affluent area with strong earning potential. 58.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 46.3%, showing a blend of owner and renter-occupied properties. The average commute time is 26.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Atlanta offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Atlanta?

50 schools tracked · 60,919 students

The largest public schools serving Atlanta, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Georgia Cyber Academy (Virtual)

Grades K-12 · 9,762 students

Charter

North Atlanta High School

Grades 9-12 · 2,332 students

Public

Lakeside High School

Grades 9-12 · 2,186 students

Public

Westlake High School

Grades 9-12 · 2,156 students

Public

Riverwood International Charter School

Grades 9-12 · 1,716 students

Public

Sequoyah Middle School

Grades 6-8 · 1,710 students

Public

Midtown High School

Grades 9-12 · 1,658 students

Public

Willis A. Sutton Middle School

Grades 6-8 · 1,555 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Atlanta, GA?

Want a head-to-head view? Compare Atlanta side-by-side with any other U.S. city using our market-comparison tool.

Is Atlanta a good real estate investment market?

For investors evaluating Atlanta, the price-to-rent ratio of 16.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Atlanta's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Atlanta's median home price.

Frequently asked questions

What is the average home price in Atlanta?

The median home sale price in Atlanta is $415,000, down 2.4% from last year.

How long do homes stay on market in Atlanta?

Homes typically spend 48 days on market before going under contract.

What is the median income in Atlanta?

The median household income is $81,938 per year.

Is Atlanta a buyer's or seller's market?

With 5.3 months of supply, Atlanta is currently a leaning buyer's.

What is the Zillow home value estimate for Atlanta?

The Zillow Home Value Index (ZHVI) for Atlanta is $387,146, representing the typical home value in the area.

What is the median condo price in Atlanta?

The median condo/co-op sale price in Atlanta, GA is $315,000, compared to $480,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Atlanta?

The median single-family home price in Atlanta, GA is $480,000 (about $272 per square foot).

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