Atlanta Home Prices & Values

$156,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 14.4% 1-year change
  • 7.1% 1-year forecast

Market Temperature: WarmWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Atlanta is $156,600. Atlanta home values have gone up 14.4% over the past year and Zillow predicts they will rise 7.1% within the next year. The median list price per square foot in Atlanta is $171, which is higher than the Atlanta Metro average of $97. The median price of homes currently listed in Atlanta is $209,899 while the median price of homes that sold is $242,585. The median rent price in Atlanta is $1,250, which is higher than the Atlanta Metro median of $1,100.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Atlanta is 5.0%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Atlanta homeowners underwater on their mortgage is 30.9%, which is higher than Atlanta Metro at 28.9%.

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Relative ZHVI
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Atlanta Market Overview

Data through Aug 31, 2014
  • $156,600 ZHVI
  • 7.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $209,899 Median listing price
  • $242,585 Median sale price
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Atlanta Market Health

Data through Aug 31, 2014
  • 5.4/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 30.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Neighborhoods in Atlanta

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Castleberry Hill $139,000 West End $70,200 Vine City $67,800
West View $48,600 Grove Park $46,400 Mozley Park $44,500
English Avenue $43,300 Hunter Hills $40,700  

Listings & Sales

Data through Aug 31, 2014
  • $171 Median list price / sq ft
  • $191 Median sale price / sq ft
  • 35.3% Listings with price cut
29.2%
Sold below listing
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Atlanta Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,223 Atlanta
$1,197 Atlanta Metro
$1,328 United States
  • 1.1 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,250 Rent list price
  • $1.23 Rent list price / sq ft
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