Is Atlanta, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlanta is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Atlanta has remained a Seller's Market.

Key Takeaway

Atlanta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Atlanta, MI

How much do homes in Atlanta, MI cost?

Median Sold Price

$155,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+10.7%)

Key Takeaway

Homes in Atlanta have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Atlanta was $155,000 in November 2024, up 10.7% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $54K$86K
+59.3%
2 $122K$115K
-5.7%
3 $147.5K$175K
+18.6%
4 $365K$210K
-42.5%
5+ $204K$700K
+243.1%

Summary: Atlanta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.3%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 42.5%, and 5+ bedroom homes increased by 243.1%.

Median Sold Price Compared To Nearby Cities

Briley Township
+22.0%
Hillman Township
+12.1%
Atlanta
+10.7%
Avery Township
-23.8%

Housing Supply in Atlanta, MI

How many homes are available in Atlanta, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3328-15.2%

Summary: The Atlanta real estate market had 28 homes for sale in November 2024, a 15.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 2017
-15.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Atlanta housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlanta, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Atlanta in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Atlanta, MI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Atlanta, MI

Nearby Markets to Atlanta, MI

What housing markets are near Atlanta, MI?