$5,213 Closing Credit*
$439,000
1,380 SqFt
4 Beds
•2 Full Baths
Michelle D Taylor, Listing Office: Anne Shelly Realtors
Is Atlanta-Decatur, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,697(+2.0%)
Key Takeaway
Homes in Atlanta-Decatur have sold for 2% more than they did a year ago.
Summary: The median home sold price in Atlanta-Decatur was $350,000 in November 2024, up 2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $241K | $249K | +3.3% |
| 2 Bedrooms | $274.6K | $300K | +9.2% |
| 3 Bedrooms | $317.4K | $319.8K | +0.8% |
| 4 Bedrooms | $399.7K | $389.8K | -2.5% |
| 5+ Bedrooms | $582K | $509.1K | -12.5% |
Summary: Atlanta-Decatur housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Decatur | $325.2K | $335.1K | +3.0% |
| Atlanta-Decatur | $343.3K | $350K | +2.0% |
| Avondale Estates | $521.2K | $520K | -0.2% |
| Clarkston | $320K | $282.5K | -11.7% |
Housing Supply in Atlanta-Decatur, GA
How many homes are available in Atlanta-Decatur, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2,498 | 2,617 | +4.8% |
Summary: The Atlanta-Decatur real estate market had 2,617 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 52 | 49 | -5.8% |
| 2 Bedrooms | 303 | 308 | +1.7% |
| 3 Bedrooms | 1,157 | 1,191 | +2.9% |
| 4 Bedrooms | 690 | 743 | +7.7% |
| 5+ Bedrooms | 296 | 326 | +10.1% |
Summary: The Atlanta-Decatur housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 10.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 449 | 421 | -6.2% |
Asking Price vs. Sold Price
199 Homes Were Sold
Under Asking
101 Homes Were Sold
At Asking
90 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. 51% of homes here sold below asking price last month.
Summary: A total of 421 homes were sold or pending in Atlanta-Decatur in November 2024, down by 6.2% month-over-month. Of the 390 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 44 Days | +47.2% |
Summary: Homes in Atlanta-Decatur had an average of 44 days on market in Nov 2024, up by 47.2% compared to last year.
Breakdown of Home Sale Times
214 Homes Were Sold
Under 30 Days
144 Homes Were Sold
In 30 - 90 Days
63 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 November 2024, 421 homes were sold in Atlanta-Decatur; 51% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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