REAL-TIME MARKET NUMBERS

Atlanta, GA 30338

Single-Family Homes

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Atlanta, GA 30338

Fri Dec 01 2023
This week the median list price for Atlanta, GA 30338 is $794,500 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 22. Click here to stay informed with the Atlanta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Atlanta, GA 30338

Fri Dec 01 2023
This week the median list price for Atlanta, GA 30338 is $794,500 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 22. Click here to stay informed with the Atlanta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Atlanta market.
Median List Price $794,500
Median Price of New Listings $862,450
Per Square Foot $229
Average Days on Market 152
Median Days on Market 49
Price Decreased 41%
Price Increased 9%
Relisted 23%
Inventory 22
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,299,000 5,016 0.5 - 1 acre 6 4.5 18 1 1 42
$860,000 3,591 0.5 - 1 acre 5 3.5 47 2 1 28
$737,000 3,298 0.5 - 1 acre 4 3 51 1 2 28
$570,000 2,471 0.5 - 1 acre 4 2.5 50 0 1 105