Why Live in Atlanta
Atlanta's cultural scene thrives with iconic venues like the Fox Theatre and the High Museum of Art in Midtown. The 189-acre Piedmont Park serves as the city's central green space, complemented by the adjacent Atlanta Botanical Garden featuring a scenic canopy walk. The expanding Atlanta BeltLine trail system connects diverse neighborhoods while showcasing public art installations. Food lovers will find exceptional dining at Lazy Betty, Atlanta's Michelin-starred restaurant, alongside upscale establishments like Umi and Aria in Buckhead.
The Atlanta housing market currently has 5,200 homes available with prices ranging from $170,000 to $3.8 million. The median sale price across all property types is $420,000. Single-family homes command higher prices in desirable areas like Morningside, where the median price reaches $1,235,000, and Ansley Park at $2,399,500. Condos present more affordable options, with one-bedroom units showing a median price of $265,000 and two-bedroom units at $370,000.
Living costs in Atlanta run 3.9% below the national average. A family with school-age children needs an annual income of $102,000 to live comfortably, while single renters should aim for $55,000. The property tax rate in Fulton County is 0.89%, comparing favorably to nearby DeKalb County at 0.92%. The city's educational landscape includes top-rated private institutions like Pace Academy and The Westminster Schools, plus major universities such as Emory and Georgia Tech. MARTA provides public transit through four rail lines and extensive bus service, though many residents rely on personal vehicles. The climate features hot summers reaching the 90s Fahrenheit and mild winters, with abundant tree coverage earning Atlanta its reputation as the City in a Forest.
Frequently Asked Questions
What is the average home price in Atlanta, GA?
Homes for sale in Atlanta, GA have an average home price of $623,064.
How many homes have sold over the last 12 months in Atlanta, GA?
17,188 homes have sold in Atlanta, GA over the last 12 months.
Is Atlanta, GA a safe city?
What are the most popular zip codes in Atlanta, GA?
What are the most popular neighborhoods in Atlanta, GA?
How much do you need to make to afford a house in Atlanta?
The median home price in Atlanta is $418,000. If you put a 20% down payment of $83,600 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $2,170 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K a year to afford the median home price in Atlanta.
How are the schools in Atlanta, GA?
Home Trends in Atlanta, GA
On average, homes in Atlanta, GA sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in Atlanta, GA over the last 12 months is $415,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$415,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$470,000
Median 2 Bedroom Sale Price
$370,000
Median 1 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$289
Number of Homes for Sale
5,181
Last 12 months Home Sales
17,188
Median List Price
$418,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-1%
