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 December 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

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$22,000(+16.5%)

Key Takeaway

Homes in Atlanta have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Atlanta was $155,000 in December 2024, up 16.5% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $78K$74K
-5.1%
2 $129K$115K
-10.9%
3 $140K$182.5K
+30.4%
4 $300K$210K
-30.0%
5+ $452K-
N/A

Summary: Atlanta housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 30.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hillman Township
+21.0%
Atlanta
+16.5%

Housing Supply in Atlanta, MI

How many homes are available in Atlanta, MI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2721-22.2%

Summary: The Atlanta real estate market had 21 homes for sale in December 2024, a 22.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 96
-33.3%
3 1714
-17.6%
4 11
0.0%
5+ 00
0.0%

Summary: The Atlanta housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlanta, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Atlanta in December 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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 4 Days Ago

Newest Listings in Atlanta, MI

Nearby Markets to Atlanta, MI

What housing markets are near Atlanta, MI?