GemHausNew report

Atlanta, GA 30315 Real Estate Market Report

ZIP Code: 30315
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of February 2026, the median sold price in Atlanta, GA (ZIP: 30315) stands at $240,000, reflecting a cooling market with a down trend in prices. This indicates a shift towards stability after previous declines, particularly in oversupplied segments. The market is characterized by elevated inventory levels, leading to longer selling times, with properties averaging 244 days on market. This extended duration suggests a more balanced negotiation power between buyers and sellers, as the market adjusts to current conditions.

Despite the cooling prices, rental demand remains strong, with a median market rent of $1,890. The overall market temperature is currently neutral, indicating a balance between supply and demand. However, elevated interest rate pressure, with current 30-year fixed mortgage rates around 5.86%, may influence buyer behavior and market dynamics moving forward. The relationship between the median listing price of $270,000 and the median sold price suggests potential pricing friction, as sellers may need to adjust expectations to align with buyer willingness to pay.


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.

Analysis Window
Last 90 Days
Total Properties Analyzed
145
Active Listings
100
Sold Properties
45

Market Metrics

Median Listing Price
$270,000
Median Sold Price
$240,000
Median Price per Sqft
$185/sqft

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.


Rental Market

Median Market Rent
$1,890
Rent Range
$1,553 - $2,308

Property Taxes

Property Tax Rate
1.05%

Liquidity & Velocity

Median Days on Market
244
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Atlanta, GA, around 5.86% are 0.31% higher than the average contract rate of 5.55% seen earlier in 2026, suggesting property owners locked in a slightly more favorable rate recently.

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


Key Findings

  1. The median sold price is $240,000, indicating a down trend in the market.

  2. Properties are taking an average of 244 days on market, reflecting slower sales velocity and elevated inventory levels.

  3. The median listing price of $270,000 suggests potential pricing friction relative to the sold price.

  4. Rental demand remains robust with a median market rent of $1,890, showing strength in the rental segment.

  5. Current interest rates at 5.86% indicate elevated interest rate pressure, which may affect buyer activity.


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.

Recent Transactions

Last 90 Days
380 Kendrick Ave Se, Atlanta, GA 30315
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

7 beds
5 baths
6,608 sqft
$1,247,000
Dec 1, 2025
$189/sqft/sqft
195 days on market
392 Ormond St Se, Atlanta, GA 30315
Premium

Sold above market average

3 beds
2 baths
1,942 sqft
$800,000
Nov 1, 2025
$412/sqft/sqft
147 days on market
945 Grant St Se, Atlanta, GA 30315
Premium

Sold above market average

3 beds
2 baths
2,090 sqft
$709,900
Dec 1, 2025
$340/sqft/sqft
1375 days on market
190 Judy Ln Sw, Atlanta, GA 30315
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,176 sqft
$250,000
Dec 1, 2025
$213/sqft/sqft
247 days on market
276 Lydia Dr Se, Atlanta, GA 30315
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,109 sqft
$249,900
Dec 1, 2025
$225/sqft/sqft
260 days on market
1930 Phillips Dr Se, Atlanta, GA 30315
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,540 sqft
$245,000
Jan 1, 2026
$159/sqft/sqft
97 days on market
1886 Akron Dr Se, Atlanta, GA 30315
Quick Flip

Sold below market average

3 beds
2 baths
1,033 sqft
$73,000
Nov 1, 2025
$71/sqft/sqft
3100 days on market
1119 Isa Dr Se, Atlanta, GA 30315
Quick Flip

Sold below market average

3 beds
1 baths
1,080 sqft
$12,000
Nov 1, 2025
$11/sqft/sqft
5049 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 2/19/2026

GemHaus

Get personalized market intelligence

Explore real-time property analysis in Atlanta, GA: valuations, rental estimates, costs, and pro-forma projections.

Nearby Market Reports