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Atlanta, GA 30317 Real Estate Market Report

ZIP Code: 30317
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


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
98
Active Listings
67
Sold Properties
31

Market Metrics

Median Listing Price
$564,948
Median Sold Price
$535,000
Median Price per Sqft
$314/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

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
0.93%

Liquidity & Velocity

Median Days on Market
382
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.

Market Temperature
neutral
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, average around 6.62% APR, which is 3.1% higher than the 3.525% average rate seen for 2026 originations.

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 $535,000 suggests a stable market, although it is lower than the median listing price of $564,947.50, indicating potential pricing friction.

  2. With median days on market at 382, the market is experiencing slower sales velocity, which may suggest a need for adjustments in pricing strategies.

  3. Current interest rate pressure is described as elevated, which is likely contributing to a contraction in overall transactional volume in the area.

  4. The market temperature is neutral, indicating a balanced state between buyers and sellers, though elevated inventory levels may suggest excess supply relative to sales activity.

  5. The median market rent is $1,890, providing insight into rental dynamics that could influence buyer decisions and overall market health.


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

253 Rockyford Rd Ne, Atlanta, GA 30317
Top Sale

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

4 beds
3 baths
3,432 sqft
$1,395,000
Jan 1, 2026
$406/sqft/sqft
333 days on market
2251 1st Ave Ne, Atlanta, GA 30317
Premium

Sold above market average

3 beds
1 baths
1,458 sqft
$1,295,000
Jan 1, 2026
$888/sqft/sqft
265 days on market
2262 Sutton St Se, Atlanta, GA 30317
Premium

Sold above market average

3 beds
2 baths
2,133 sqft
$825,000
Feb 1, 2026
$387/sqft/sqft
145 days on market
192 Murray Hill Ave Ne, Atlanta, GA 30317
Market Benchmark

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

3 beds
1 baths
896 sqft
$475,000
Feb 1, 2026
$530/sqft/sqft
34 Montgomery St Se, Atlanta, GA 30317
Market Benchmark

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

3 beds
3 baths
1,260 sqft
$474,900
Mar 1, 2026
$377/sqft/sqft
2768 days on market
372 Ashburton Ave Se, Atlanta, GA 30317
Market Benchmark

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

4 beds
3 baths
2,018 sqft
$470,000
Mar 1, 2026
$233/sqft/sqft
410 days on market
61 Clay St Ne, Atlanta, GA 30317
Quick Flip

Sold below market average

4 beds
1 baths
1,380 sqft
$115,000
Mar 1, 2026
$83/sqft/sqft
6650 days on market
63 Mortimer St Se, Atlanta, GA 30317
Quick Flip

Sold below market average

3 beds
1 baths
1,112 sqft
$1,690
Jan 1, 2026
$2/sqft/sqft
410 days on market

Data Sources

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

Report generated: 3/31/2026

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