Atlanta, GA 30311 Real Estate Market Report

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

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Executive Overview

The Atlanta, GA (ZIP: 30311) market is currently characterized by a median sold price of $259,999.50, reflecting a downward trend in home values. This represents a notable shift as the neighborhood has decreased 8% since 2022, indicating a cooling market. The median days on market stands at 207, suggesting slower sales velocity and a potential increase in buyer negotiation power as inventory levels remain elevated relative to sales activity.

Despite the recent price declines, the overall market temperature is neutral, indicating a balance between buyer and seller expectations. However, elevated interest rate pressure, with current mortgage rates averaging between 5.87% and 6.38%, may be contributing to the cautious buyer sentiment. The median market rent of $1,890 shows an upward trend, which could provide some support for property values in the rental segment, although the overall sales market is experiencing excess supply relative to transaction volume.

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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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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 Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for property owners in Atlanta, GA 30311 are averaging around 5.87% to 6.38%, which is slightly higher than the 5.89% average seen just days ago, suggesting a minor upward pressure on new borrowing costs.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $259,999.50 indicates a decrease in home values, down 8% since 2022.

2. With a median days on market of 207, the market is experiencing slower sales velocity, allowing buyers more negotiation power.

3. The median listing price of $318,999 suggests a significant gap between seller expectations and market realities, indicating potential pricing friction.

4. Current mortgage rates averaging 5.87% to 6.38% are exerting elevated interest rate pressure on new borrowing costs, impacting buyer confidence.

5. The median market rent is $1,890, which is trending up, potentially providing support for property values in the rental segment.

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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.