Atlanta Housing Market

More homes were listed for sale across Atlanta in July, giving buyers a wider selection and reducing competition. Even as mortgage rates remained high, steady demand and rising inventory helped create a friendlier market for buyers than in recent years.

Atlanta's housing market remained active in July, even as the cost of buying a home stayed elevated. A total of 6,743 homes sold, down just 2% from a year earlier. That small decline is a sign that demand held up better than many buyers and sellers may have expected.

Higher mortgage rates continued to make affordability a challenge. Even so, Atlanta benefited from strong population growth, corporate relocations, and job gains across industries such as information, education, and healthcare. Those factors helped keep buyers in the market, although many were more selective about the homes they pursued.

The biggest change in Atlanta's housing market was the growing number of homes available for purchase. Inventory rose 9.1% from a year earlier to 34,254 listings. Meanwhile, new listings climbed 9.2% to 11,472 homes.

As more homes became available, buyers gained flexibility. Homes spent a median of 57 days on the market, and months of supply rose to 5.5, up from 5 months a year ago. Together, those trends suggest the market moved closer to balance after years of tight inventory and intense competition.

For buyers, that meant more time to compare homes and negotiate terms. It also created more opportunities to wait for price cuts when sellers aimed too high.

View the latest homes for sale in Atlanta.

More inventory also helped keep price growth under control. Atlanta's median home sale price reached $410,000 in July, up 2.5% from a year earlier.

Prices continued to rise, but far more slowly than during the pandemic housing boom. Meanwhile, homes sold for 96.1% of their initial list price, a sign that buyers gained additional negotiating power as supply improved and bidding wars became less common.

Atlanta's housing market looked very different than it did during the pandemic housing boom. Buyers had more homes to choose from, more time to make decisions, and greater negotiating power. Sellers still benefited from rising home values, but they faced more competition and a growing need to price their homes realistically. The result was a market that offered more opportunities for both sides than in recent years.

The median home sale price in Atlanta increased by 2.5% compared to the same time last year, while the national median price rose by 2.6%.

Atlanta median home prices rose by $10,000 year over year on a nominal basis in July to $410,000. Meanwhile, the national median home price increased by $10,000 to $400,000.

Atlanta was the 25th highest-priced housing market among the top 40 largest markets last month. The Atlanta median home price of $410,000 was 2.5% above the national median home price. Atlanta's median home price in July compares to the market's peak of $421,000 recorded in June of 2024.

The median price of Atlanta single-family homes rose by $8,000 over the past year to $425,000, while the median townhome price was unchanged, and the median condo price fell by 2.5%.

The number of homes for sale in Atlanta increased by 9.1% in July compared to the same time last year, while national homes for sale rose by 4.4%.

Atlanta homes for sale rose by 2,845 year over year in July to 34,254 homes for sale. Atlanta ranked 15th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in July.

Atlanta homes for sale were below their pre-pandemic levels in the month of July. Atlanta homes for sale were 4.2% below the July 2019 total of 35,745.

Atlanta single-family homes for sale grew by 8.6% to 27,064 in July. In comparison, townhomes for sale rose by 10.5% to 4,201, and condos for sale increased by 11.6% to 2,989.

The number of home sales in Atlanta decreased by 2% in July compared to the same time last year, while national home sales rose by 2.9%.

Atlanta home sales declined by 137 year over year on a nominal basis in July to 6,743. For context, 6,880 sales closed in Atlanta in July 2025.

Atlanta ranked 33rd for the annual change in home sales out of the top 40 U.S. markets in July on a percentage basis. This year's July decrease of 2% compares with the 5.8% year-over-year decrease in July 2025.

Atlanta single-family sales decreased by 2% in July to 5,661. In comparison, townhome sales rose by 4.8% to 722, and condo sales fell by 13.5% to 360.

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 July 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.

Definition of Days on Market

The median number of days from initial listing to closing of properties whose closing occurred during the month. This data includes detached, attached, and condominium homes. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Months of Supply (MOS)

Months of Supply (MOS) is equal to active listings divided by homes sold in a given 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 Sale to List Price Ratio

The sale-to-list price ratio is the ratio of the sale (closing) price to the original list price, whose closing occurred 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.