Atlanta Housing Market: Trends & Prices
Atlanta Housing Market: Trends & Prices
Atlanta Real Estate Market Overview
(Last Updated – 04/2025)
Atlanta is known by many names. Some prefer City in a Forest or City of Trees because of Atlanta’s unique tree canopy. Of course, Hotlanta also has a nice ring to it. By any name, roughly 510,800 people choose to live in Atlanta.
Atlanta’s roots go back to 1837, when it was located at the end of the Western & Atlantic railroad line. Today, the city is still a major transportation hub thanks to Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport for daily passenger flights. Because of direct flights to Europe, Asia, and South America, business travel is booming in Atlanta, where there are about 2,600 internationally owned enterprises in the metro area.
According to the most recent Council for Community and Economic Research’s Cost of Living Index, the overall cost of living in Atlanta is about 4% below the national average, but 9% above the state average in Georgia. Despite some of the higher costs, a lot of people clearly love living in Atlanta. The population increased by nearly 90,820 between 2010 to 2023, according to the latest census data. Also, approximately 80% of Atlanta homeowners stayed in the same house over the past year, according to the most recent census data.
A recent study by Wallethub found that Atlanta has one of the best real-estate markets in the U.S. The study considered 17 key factors, like economic environment and affordability.
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First-time buyers and more seasoned house hunters will all find something to love about living in Atlanta, so let’s take a closer look at Atlanta home prices, recent market trends, and popular neighborhoods.
Overall Atlanta Market Trends
Good news for prospective Atlanta homebuyers: The real estate gurus at Redfin consider the Atlanta housing market to be only somewhat competitive.
For context, some homes in this city receive multiple offers, sell for around 3% below the list price, and sell in about 39 days.
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$380,000
Median Sale Price
$267
Median Price Per Square Foot
84 days
Median Time on Market
Atlanta Housing Market Forecast
The Atlanta housing market has seen diminished activity in recent years. According to Zillow, in March 2025, home prices were down 2.4% over the past year. Redfin numbers show home prices down 10.6% over the same period. Atlanta’s real estate slowdown began in the summer of 2022, when demand leveled off. As we head into spring 2025, inventory is taking longer to sell. That’s good news for buyers: If you fall in love with a house that is within your price range, chances are you could stay within your budget.
*Graph taken from Zillow as of 3/2025
Demographics of the Atlanta Market
Atlanta is a city that is always changing. While there is plenty of historic architecture to enjoy, brand-new skyscrapers are popping up along the skyline in popular neighborhoods like Midtown and Buckhead.
Before you decide to become an Atlanta property owner, let’s take a closer look at some fast facts about the Atlanta real estate market.
Median Household Income: $81,938
Median Age: 34.5
College Educated: 58.4%
Homeowners: 46.3%
Married: 30.62%
Popular Atlanta Neighborhoods
Government officials and residents work hard to support all of Atlanta’s 242 distinct neighborhoods, through community-based improvement, public festivals, and programs many residents can benefit from and enjoy.
Neighborhood beautification is a particular passion throughout Atlanta, as are farmers markets and community gardens.
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Virginia Highland
If you’re looking for charm, look no further than the Virginia Highland neighborhood. Cute bungalows are intermixed with shopping villages, and the entire area is pedestrian-friendly.
You can enjoy turn-of-the-century architecture as well as new construction. Overall, this is a vibrant and diverse neighborhood to live in.
Quick Facts
Population:
24,493
Median Age:
38.3
Housing Units:
12,445
Bike Score:
73/100
Walk Score:
77/100
Transit Score:
40/100
Median Household Income:
$195,439
Virginia Highland Housing Market
While housing prices skyrocketed in Virginia Highland in the early 2020s, prices have decreased significantly in the last year. As of February 2025, home values were down 45.2% compared to last year. Redfin data shows that the median sale price for homes in this neighborhood was $465,750. Virginia Highland is currently considered somewhat competitive, meaning some homes get multiple offers, and average homes sell for 2% below list price.
Median Sale Price
$466,000
Median Price Per Square Foot
$384
Buckhead
Buckhead is considered to be one of the more affluent neighborhoods in Atlanta and one of the most aesthetically appealing, with century-old trees, mansions, and midcentury homes to admire.
Entertainment, parks, museums, and nightlife await Buckhead residents. Not to mention, they have some pretty ritzy shopping options too.
Quick Facts
Population:
92,843
Median Age:
34.7
Housing Units:
54,020
Bike Score:
54/100
Walk Score:
95/100
Transit Score:
42/100
Median Household Income:
$230,726
Buckhead Housing Market
The housing market in Buckhead is a bit hit or miss. The more popular homes in this charming neighborhood sell in around 24 days, but the average home spends 94 days on the market (almost double the time they spent the previous year). While housing prices increased in this somewhat competitive market by 4.2% in February 2025, compared to the same month the year prior, the typical home sells for about 3% below list price.
Median Sale Price
$675,000
Median Price Per Square Foot
$336
Old Fourth Ward
Old Fourth Ward regularly earns top spots for places to visit and stay in Atlanta, and for good reason. High scores in categories related to walkability, transportation, entertainment options, and plenty of historic landmarks all contribute to the appeal of this neighborhood.
An eclectic area just east of downtown, Old Fourth Ward has a funky, bohemian vibe with repurposed industrial spaces becoming hot foodie destinations and live/work spaces for artsy types.
Quick Facts
Population:
13,630
Median Age:
32
Housing Units:
8,716
Bike Score:
85/100
Walk Score:
82/100
Transit Score:
55/100
Median Household Income:
$106,799
Old Fourth Ward Housing Market
Those looking for a home in the Old Fourth Ward housing market may find themselves facing some competition.
Typical homes in Old Fourth Ward sell in about 70 days and for about 1% below list price; however, if you end up picking a popular home, you will have to commit faster, as those homes tend to go pending in around 26 days.
Median Sale Price
$473,750
Median Price Per Square Foot
$419
Midtown
Midtown is proud to be the South’s first “EcoDistrict,” and residents are passionate about collaborating on initiatives that improve both environmental and economic performance.
This pedestrian-friendly neighborhood offers robust transit options and lots of greenery, and has a diverse mix of land uses.
Quick Facts
Population:
17,814
Median Age:
32
Housing Units:
12,100
Bike Score:
74/100
Walk Score:
87/100
Transit Score:
61/100
Median Household Income:
$133,999
Midtown Housing Market
You might have a bit more flexibility if you’re house shopping in the Midtown neighborhood. This somewhat competitive real estate market sometimes sees homes receive multiple offers, but typically they sell for around 2% below the list price. Typical houses in Midtown sell in about 79 days, so you have a little bit of time to make a move. However, if you have your sights set on an in-demand home, those can sell in around 36 days.
Median Sale Price
$372,500
Median Price Per Square Foot
$361
Inman Park
Very walkable but also connected with public transportation options, Inman Park can offer a lot if you want to feel a part of the hustle and bustle of Atlanta. The area was established as Atlanta’s first garden suburb, and its leafy parks and green spaces add a sense of cool (literally) on a hot summer’s day. You’ll find loads of Victorian-era homes, a lush tree canopy, and neighborhood festivals that everyone can enjoy.
Quick Facts
Population:
21,680
Median Age:
35
Housing Units:
10,308
Bike Score:
82/100
Walk Score:
87/100
Transit Score:
56/100
Median Household Income:
$205,305
Inman Park Housing Market
Move quickly if you find your dream home in the Inman Park neighborhood. It is considered to be a very competitive real estate market, and the median sale price increased by 13.1% in February 2025, compared to last year. Typical houses go pending in around 16 days, with many homes getting multiple offers. In-demand homes go pending in only 10 days.
Median Sale Price
$701,500
Median Price Per Square Foot
$431
SoFi Home Loans
It’s easy to see why Atlanta has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
What is the average house cost in Atlanta?
According to the most recent data from Redfin, the median sale price for a home in Atlanta, Georgia, was $380,000 in February 2025.
How much do you need to make to buy a house in Atlanta?
Your salary needs will depend on how expensive a house you want to buy and which neighborhood you want to live in, but the median household income in Atlanta is $81,938 per year, according to the most recent census data.
Is Atlanta a good place to buy a house?
Home prices in Atlanta are down in recent years compared to the spike in 2022, and homes are taking longer to sell on average, which means they are getting fewer offers. If you find a house you like in Atlanta within your budget, chances are you will be able to buy it for a price that is reasonable for your needs.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
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