Atlanta, GA 30311 Real Estate Market Report

ZIP Code: 30311
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Atlanta, GA (ZIP: 30311) is characterized by a median sold price of $240,000, reflecting a notable shift in market dynamics. The neighborhood has decreased 8% since 2022, indicating a cooling market temperature and a transition towards a buyer's market. The median listing price stands at $279,900, suggesting a significant gap between seller expectations and actual market transactions, which may create pricing friction for potential buyers.

Transaction activity appears to be moderated, with median days on market extending to 292 days, signaling slower sales velocity. This extended time frame, coupled with elevated inventory levels, suggests an excess supply relative to sales activity. Despite these trends in the sales market, the local rental market remains robust, with a median market rent of $1,890, reflecting strong year-over-year growth and indicating a potential area of opportunity for investors.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. The median sold price of $240,000 indicates a significant market adjustment, having decreased 8% since 2022, reflecting softening conditions.

2. With a median listing price of $279,900, there is a notable gap between asking prices and sold prices, suggesting pricing friction for sellers.

3. The median days on market of 292 days points to slower sales velocity, indicating a cooling market temperature.

4. The local rental market shows resilience with a median market rent of $1,890, which is up year-over-year, presenting opportunities for rental investments.

5. Overall, the market is experiencing elevated inventory levels relative to sales activity, indicating an excess supply that may pressure prices further.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.