$3,919 Closing Credit*
$330,000
1,880 SqFt
3 Beds
•2 Full Baths
Mark Spain, Listing Office: Mark Spain Real Estate
Is Atlanta-Decatur, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Atlanta-Decatur was a Seller's Market.
Key Takeaway
Atlanta-Decatur is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Atlanta-Decatur, GA
How much do homes in Atlanta-Decatur, GA cost?
Median Sold Price
$350,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,357(+1.6%)
Key Takeaway
Homes in Atlanta-Decatur have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Atlanta-Decatur was $350,000 in October 2024, up 1.6% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $243K | $257.4K | +5.9% |
| 2 Bedrooms | $274.3K | $300K | +9.3% |
| 3 Bedrooms | $317.8K | $319.6K | +0.6% |
| 4 Bedrooms | $399.9K | $399.7K | -0.1% |
| 5+ Bedrooms | $593K | $545.7K | -8.0% |
Summary: Atlanta-Decatur housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
| Decatur | $325.4K | $335.1K | +3.0% |
| Atlanta-Decatur | $344.6K | $350K | +1.6% |
| Avondale Estates | $520K | $520K | 0.0% |
| Clarkston | $320K | $280K | -12.5% |
Housing Supply in Atlanta-Decatur, GA
How many homes are available in Atlanta-Decatur, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,431 | 2,793 | +14.9% |
Summary: The Atlanta-Decatur real estate market had 2,793 homes for sale in October 2024, a 14.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 49 | 51 | +4.1% |
| 2 Bedrooms | 286 | 320 | +11.9% |
| 3 Bedrooms | 1,140 | 1,303 | +14.3% |
| 4 Bedrooms | 669 | 789 | +17.9% |
| 5+ Bedrooms | 287 | 330 | +15.0% |
Summary: The Atlanta-Decatur housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 426 | 441 | +3.5% |
Asking Price vs. Sold Price
233 Homes Were Sold
Under Asking
104 Homes Were Sold
At Asking
84 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atlanta-Decatur, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.
Summary: A total of 441 homes were sold or pending in Atlanta-Decatur in October 2024, up by 3.5% month-over-month. Of the 421 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.
Days on Market for Atlanta-Decatur, GA
How long does it take to sell a home in Atlanta-Decatur, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 45 Days | +72.6% |
Summary: Homes in Atlanta-Decatur had an average of 45 days on market in Oct 2024, up by 72.6% compared to last year.
Breakdown of Home Sale Times
220 Homes Were Sold
Under 30 Days
156 Homes Were Sold
In 30 - 90 Days
65 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Atlanta-Decatur are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 441 homes were sold in Atlanta-Decatur; 50% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.