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Atlanta, GA 30316 Real Estate Market Report

ZIP Code: 30316
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The median sold price in Atlanta, GA (ZIP: 30316) is currently $374,900, reflecting a cooling trend in the market as prices have generally declined year-over-year. This downward trajectory suggests a shift in buyer sentiment and market dynamics. The elevated inventory levels indicate a potential excess supply relative to sales activity, which may be contributing to the slower sales velocity observed in the area.

Transaction activity remains moderate, with the median days on market extending to 284 days, highlighting a sluggish pace of sales. The current market temperature is classified as neutral, suggesting that while there are opportunities for buyers, the overall balance between supply and demand is relatively stable. Elevated interest rates continue to exert pressure on affordability, further complicating the landscape for potential buyers and sellers alike.


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
90 Days
Total Properties Analyzed
160
Active Listings
100
Sold Properties
60

Market Metrics

Median Listing Price
$406,725
Median Sold Price
$374,900
Median Price per Sqft
$229/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
$1,980
Rent Range
$1,440 - $2,420

Property Taxes

Property Tax Rate
0.93%

Liquidity & Velocity

Median Days on Market
284
Sale-to-List Ratio
100.0%

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
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Atlanta, GA market average around 6.38% to 6.88%, which is slightly lower than the 6.65% average seen one year ago.

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 of $374,900 indicates a market that is experiencing downward pressure on home values.

  2. With a median days on market of 284 days, the market is showing signs of slower sales velocity, which may affect buyer urgency.

  3. The median listing price of $406,725 compared to the sold price suggests a notable pricing friction, indicating declining buyer confidence in meeting seller expectations.

  4. The market temperature is currently neutral, reflecting a balanced environment where neither buyers nor sellers have a distinct advantage.

  5. Elevated interest rate pressure remains a significant factor, as current mortgage rates are around 6.38% to 6.88%, which may deter potential buyers and contribute to decreased transaction volume.


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

59 Krog St, Atlanta, GA 30316
Top Sale

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

4 beds
4 baths
2,342 sqft
$1,082,000
Feb 1, 2026
$462/sqft/sqft
577 Hemlock Cir Se, Atlanta, GA 30316
Premium

Sold above market average

5 beds
4 baths
3,316 sqft
$999,900
Feb 1, 2026
$302/sqft/sqft
53 days on market
172 Estoria St Se, Atlanta, GA 30316
Premium

Sold above market average

3 beds
3 baths
1,970 sqft
$850,000
Feb 1, 2026
$431/sqft/sqft
83 days on market
2345 Ripplewater Dr Se, Atlanta, GA 30316
Market Benchmark

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

2 beds
1 baths
1,020 sqft
$321,000
Jan 1, 2026
$315/sqft/sqft
2061 Cloverdale Dr Se, Atlanta, GA 30316
Market Benchmark

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

3 beds
2 baths
1,383 sqft
$320,000
Feb 1, 2026
$231/sqft/sqft
410 days on market
2552 Boulder Rd Se, Atlanta, GA 30316
Market Benchmark

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

3 beds
1 baths
1,161 sqft
$318,900
Jan 1, 2026
$275/sqft/sqft
102 days on market
988 Fayetteville Rd Se, Atlanta, GA 30316
Quick Flip

Sold below market average

3 beds
1 baths
1,681 sqft
$2,100
Mar 1, 2026
$1/sqft/sqft
579 days on market
2032 Parker Ranch Rd Se, Atlanta, GA 30316
Quick Flip

Sold below market average

3 beds
1 baths
1,412 sqft
$1,895
Jan 1, 2026
$1/sqft/sqft
1506 days on market

Data Sources

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

Report generated: 3/31/2026

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