Atlanta, GA 30316 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

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.

Market Trends & Context

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

Key Findings

1. The primary indicator of recent transaction value is median sold price $312,000, which points to realized market value and should guide pricing and appraisal expectations rather than asking prices; the large gap versus the median listing price $399,990 suggests pricing friction between seller expectations and closed transactions.
2. Liquidity appears slow-to-moderate given the median days on market 312, which may indicate a longer time horizon to transact and suggests sellers should consider price or terms adjustments to accelerate sales; this slower velocity appears to signal moderate sales activity rather than rapid turnover.
3. Price momentum is effectively stable: the local price trend is flat, and the market temperature is neutral, together suggesting a balanced environment where neither buyers nor sellers have a clear advantage; market participants should expect neutral conditions in near-term negotiations.
4. Financing and carrying-cost context: interest rate pressure is reported as moderate and Current 30-year fixed mortgage rates in the 30316 area are averaging approximately 6.7%, which may constrain some buyer budget elasticity and supports conservative pricing strategies; given this moderate interest rate pressure, underwriters and investors should stress-test buyer affordability assumptions.

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.