Atlanta Housing Market

The Atlanta housing market showed signs of balance in April, as more homes hit the market and buyer demand cooled. The shift gave house hunters more choices and negotiating power, even as prices held nearly steady and sales declined from a year ago.

Home sales slowed in April, falling 1.7% from a year earlier to 6,928 transactions. This compares with the 0.6% growth in home sales volume nationwide. The pullback isn’t unique to Atlanta. Other fast-growing Sun Belt markets, including Charlotte, Orlando, and Jacksonville, also saw demand cool after pandemic-era surges.

Townhomes saw the biggest drop, with sales down 10.1% to 900. Condo sales fell 5.2% to 257. Single-family homes held up better, slipping just 0.1% while still accounting for nearly all activity, with 5,771 sales.

The number of homes for sale in Atlanta jumped 14% from a year ago to more than 34,000 listings — outpacing the 6.3% national increase. That puts Atlanta third among the 40 largest U.S. markets for inventory, behind Houston and Dallas-Fort Worth. The inventory of homes for sale was nearly flat compared to April 2019 levels, signaling the market has moved beyond pandemic-driven shortages.

Single-family homes dominated supply with nearly 27,000 listings, followed by about 5,325 townhomes and just over 2,000 condos. Homes are also taking longer to sell. Properties stayed on the market for around 60 days, three days longer than last year, giving buyers more time to make decisions and reducing bidding pressure.

With more homes available, price growth flattened. The median sale price rose just 0.4% from a year ago to $401,416, compared with a 1.7% increase nationally. Atlanta prices remain about 3% higher than the U.S. average but are still below the recent peak of $421,000 in June 2024.

Price trends varied by property type. Condo prices fell 5.2%, the largest decline, while single-family home prices rose 2.2%. Townhome prices increased 1.2%. Overall, rising inventory, slower sales, and steady prices point to a more balanced Atlanta housing market. Buyers have more options and negotiating room, while sellers face more typical conditions after years of intense competition.

The median home sale price in Atlanta increased by 0.4% compared to the same time last year, while the national median price rose by 1.7%.

Atlanta median home prices rose by $1,416 year over year on a nominal basis in April to $401,416. Meanwhile, the national median home price increased by $6,500 to $390,000.

Atlanta was the 23rd highest-priced housing market among the top 40 largest markets last month. The Atlanta median home price of $401,416 was 2.9% above the national median home price. Atlanta's median home price in April compares to the market's peak of $421,000 recorded in June of 2024.

The median price of Atlanta single-family homes rose $9,202 over the past year to $419,590, while the median townhome price grew 1.2%, and the median condo price fell 5.2%.

The number of active listings in Atlanta increased by 14% in April compared to the same time last year, while national active listings rose by 6.3%.

Atlanta active listings rose by 4,176 year over year in April to 34,081 active listings. Atlanta ranked 13th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in April.

Atlanta active listings were below their pre-pandemic levels in the month of April. Atlanta active listings were 2.1% below the April 2019 total of 34,809.

Atlanta single-family active listings grew by 13.4% to 26,722 in April. In comparison, townhome active listings rose by 16.6% to 5,325, and condo active listings increased by 14.8% to 2,034.

The number of home sales in Atlanta decreased by 1.7% in April compared to the same time last year, while national home sales rose by 0.6%.

Atlanta home sales declined by 118 year over year on a nominal basis in April to 6,928. For context, 7,046 sales closed in Atlanta in April 2025.

Atlanta ranked 22nd for the annual change in home sales out of the top 40 U.S. markets in April on a percentage basis. This year's April decrease of 1.7% compares to the 2.7% year over year decrease in April 2025.

Atlanta single-family sales decreased by 0.1% in April to 5,771. In comparison, townhome sales fell by 10.1% to 900, and condo sales fell by 5.2% to 257.

For questions and commentary about this report:

Erika Ludvigsen, National Director of Residential Analytics at CoStar and Homes.com, based in Atlanta, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Erika Ludvigsen

National Director of Residential Analytics

Homes.com

eludvigsen@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all home sales are accounted for, they provide an early indication of home sale price appreciation, inventory changes, and sales volume during April 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.