Why Live in Leila Valley
As Atlanta continues to grow and neighborhoods see more revitalization projects, attention may soon shift to Leila Valley, in the southeast area of the city. Many of the neighborhood’s residents are older, having bought their homes years ago. A city housing complex was torn down in 2008 and nothing went up in its place since, leaving the neighborhood stagnant for many years. “Now there’s a little bit of interest brewing over there because now the City of Atlanta says it needs space, it needs more housing, anticipating this big growth that’s going to take place in the next 10 years,” says Shirley Nichols, the volunteer zoning representative for the city’s Neighborhood Planning Unit that represents the community. “So they’re looking at rebuilding some multifamily housing and apartments over there, that’s kind of in the first phases of the planning.” Atlanta Housing, in partnership with Food Well Alliance, is exploring redevelopment ideas, including an urban farm adjacent to new affordable housing units. The area may also be a pilot project for a new method of housing planning that takes health needs of residents into consideration, according to documents from the city’s housing
Home Trends in Leila Valley, GA
On average, homes in Leila Valley, Atlanta sell after 27 days on the market compared to the national average of 51 days. The median sale price for homes in Leila Valley, Atlanta over the last 12 months is $211,000, down 21% from the median home sale price over the previous 12 months.
Median Sale Price
$211,000
Median Single Family Sale Price
$225,500
Average Price Per Sq Ft
$206
Number of Homes for Sale
7
Last 12 months Home Sales
9
Median List Price
$242,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-21%