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Atlanta, GA 30317 Real Estate Market Report

ZIP Code: 30317
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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
94
Active Listings
64
Sold Properties
30

Market Metrics

Median Listing Price
$549,950
Median Sold Price
$559,000
Median Price per Sqft
$325/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
$1,950

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.49%

Liquidity & Velocity

Median Days on Market
351
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
up
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 the 30317 area of Atlanta, GA, average 6.47%, reflecting the prevailing market environment for property owners in this region as of May 2026.

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


Key Findings

  1. The neighborhood's primary market indicator is the median sold price 559,000, which reflects recent transaction activity and suggests current market value; price momentum is up year-over-year, indicating modest appreciation pressure.

  2. The gap between the median listing price 549,950 and the median sold price 559,000 may indicate limited pricing friction where seller expectations are generally being met, and combined with the market temperature being neutral, this appears to be moving the market toward balance; stable/listing-sold alignment suggests conditional negotiation rather than aggressive repricing.

  3. Long median days on market 351 points to slower sales velocity and suggests extended marketing times for SFR and condo stock; slower transaction velocity may require sellers to adjust expectations on timing and contingency windows.

  4. Interest rate pressure is explicitly described as elevated and local mortgage-rate context notes ~6.47% for 30-year fixed, while median market rent 1,950 and rent year-over-year trend being up provide underlying demand support; elevated financing costs combined with rising rents creates a mixed signal where cash-flow fundamentals support values but financing may constrain some buyer segments.


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

194 Rockyford Rd Ne, Atlanta, GA 30317
Top Sale

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

2 beds
1 baths
960 sqft
$1,300,000
Feb 1, 2026
$1,354/sqft/sqft
441 days on market
1979 Dunwoody St Ne, Atlanta, GA 30317
Premium

Sold above market average

5 beds
4 baths
3,540 sqft
$1,276,000
Mar 1, 2026
$360/sqft/sqft
441 days on market
207 Mellrich Ave Ne, Atlanta, GA 30317
Market Benchmark

Sold at market average

4 beds
3 baths
2,948 sqft
$940,000
Feb 1, 2026
$319/sqft/sqft
114 days on market
2053 Oakview Rd Se, Atlanta, GA 30317
Market Benchmark

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

2 beds
2 baths
1,372 sqft
$626,000
Mar 1, 2026
$456/sqft/sqft
441 days on market
410 Carter Ave Se, Atlanta, GA 30317
Market Benchmark

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

3 beds
2 baths
2,802 sqft
$625,000
Mar 1, 2026
$223/sqft/sqft
84 days on market
22 Vinson Dr Se, Atlanta, GA 30317
Market Benchmark

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

3 beds
3 baths
2,023 sqft
$590,000
Feb 1, 2026
$292/sqft/sqft
113 days on market
194 Howard St Ne, Atlanta, GA 30317
Market Benchmark

Sold at market average

2 beds
2 baths
1,120 sqft
$335,000
Apr 1, 2026
$299/sqft/sqft
91 days on market
188 Dearborn St Se, Atlanta, GA 30317
Value

Sold below market average

3 beds
2 baths
1,088 sqft
$282,500
Feb 1, 2026
$260/sqft/sqft
151 days on market

Atlanta, GA 30317 Real Estate Market Report

ZIP Code: 30317
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


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
39
Active Listings
9
Sold Properties
30

Market Metrics

Median Listing Price
$349,000
Median Sold Price
$429,900
Median Price per Sqft
$385/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
$2,100

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.48%

Liquidity & Velocity

Median Days on Market
321

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
up
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 the 30317 area of Atlanta, GA, average 6.47%, reflecting the prevailing market environment for property owners in this region as of May 2026.

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


Key Findings

  1. median sold price is not available in the provided metrics, which may indicate limited recent recorded transactions in the sample or reporting lags for closed sales in this ZIP code; without a median sold price, recent transaction-based valuation must rely on qualitative indicators and listed-price context. neutral

  2. median listing price $349,000 combined with a median days on market 321 suggests notable pricing friction and slower sales velocity; this dynamic, together with elevated inventory relative to sales activity, may indicate sellers need more time or price adjustment to reach contract-ready buyers. down

  3. Local fundamentals show mixed but stabilizing signals: price year-over-year trend up and rent year-over-year trend up, while the marketTemperature is neutral; this combination suggests modest appreciation pressure alongside overall balance between buyer and seller leverage. up

  4. interest rate pressure elevated with area mortgage rates averaging 6.47% (30-year fixed) is a material headwind for affordability and may constrain buyer purchasing power, reinforcing the slower transaction cadence and supporting a cautious pricing approach for sellers. elevated interest rate pressure


Notable Properties

The following 4 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

112 Rogers St Ne Apt 506st, Atlanta, GA 30317
Top Sale

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

2 beds
2 baths
1,355 sqft
$453,000
Mar 1, 2026
$334/sqft/sqft
138 Kirkwood Rd Ne Apt 20, Atlanta, GA 30317
Market Benchmark

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

1 beds
1 baths
1,495 sqft
$425,000
Jan 1, 2026
$284/sqft/sqft
260 days on market
2023 Oakview Rd Se # 226, Atlanta, GA 30317
Value

Sold below market average

1 beds
1 baths
667 sqft
$184,000
Jan 1, 2026
$276/sqft/sqft
593 days on market
2023 Oakview Rd Se # 226, Atlanta, GA 30317
Value

Sold below market average

1 beds
1 baths
667 sqft
$184,000
Jan 1, 2026
$276/sqft/sqft
593 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,210/mo
30317 Avg Rent
30317 Cost to Own
Rent$1,950
Own$3,160

20% down, 6.3% rate, 0.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

30317 Avg nightly rate
30317 Avg occupancy (days/year)
Nightly rate$213/night
Occupancy88 of 365 days

Data Sources

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

Report generated: 5/1/2026

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