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Atlanta, GA 30324 Real Estate Market Report

ZIP Code: 30324
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: 30324) stands at $678,000, reflecting the actual market transactions and providing a clearer picture of current property values. As the market transitions, the neighborhood appears to be stabilizing, with a market temperature classified as neutral. This suggests a balanced environment where buyer and seller conditions are relatively aligned, although the absence of year-over-year price trends limits deeper insights into price trajectory.

Transaction activity has moderated, indicated by the 390 days on market, suggesting slower sales velocity and buyer deliberation. Elevated inventory levels are present, with excess supply relative to sales activity, which may contribute to pricing friction as sellers adjust expectations. Despite these challenges, the long-term outlook remains positive due to strong economic fundamentals, including population and corporate growth, which may support future market resilience.


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
109
Active Listings
82
Sold Properties
27

Market Metrics

Median Listing Price
$710,000
Median Sold Price
$678,000
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
$2,840
Rent Range
$2,060 - $3,460

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
1.18%

Liquidity & Velocity

Median Days on Market
390
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 the Atlanta GA 30324 area average around 6.64%, which is higher than the 6.09% average seen two weeks ago, indicating a slight rate increase for recent borrowers.

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


Key Findings

  1. $678,000 is the median sold price, indicating a strong market value despite recent pricing adjustments.

  2. 390 days on market suggests slower sales velocity, reflecting increased buyer deliberation in the current climate.

  3. The market temperature is classified as neutral, indicating balanced conditions between buyers and sellers.

  4. Elevated inventory levels indicate excess supply relative to sales activity, which may pressure pricing.

  5. The median market rent is $2,840, providing a competitive rental landscape that may attract investors despite current affordability challenges.


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

1752 Cheshire Bridge Rd Ne, Atlanta, GA 30324
Top Sale

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

- beds
- baths
3,202 sqft
$1,624,000
Feb 1, 2026
$507/sqft/sqft
1720 Buckhead Valley Ln Ne, Atlanta, GA 30324
Quick Flip

Sold below market average

4 beds
5 baths
5,486 sqft
$1,350,000
Feb 1, 2026
$246/sqft/sqft
328 days on market
1821 N Rock Springs Rd Ne, Atlanta, GA 30324
Premium

Sold above market average

3 beds
2 baths
2,459 sqft
$1,295,000
Jan 1, 2026
$527/sqft/sqft
160 days on market
1880 Wellbourne Dr Ne, Atlanta, GA 30324
Market Benchmark

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

3 beds
2 baths
1,614 sqft
$699,000
Jan 1, 2026
$433/sqft/sqft
174 days on market
1761 Monroe Dr Ne, Atlanta, GA 30324
Market Benchmark

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

4 beds
2 baths
2,294 sqft
$695,000
Jan 1, 2026
$303/sqft/sqft
181 days on market
3003 W Roxboro Rd Ne, Atlanta, GA 30324
Market Benchmark

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

5 beds
4 baths
3,666 sqft
$689,900
Mar 1, 2026
$188/sqft/sqft
4369 days on market
2112 Arlington Ave Ne, Atlanta, GA 30324
Market Benchmark

Sold at market average

3 beds
1 baths
1,092 sqft
$350,000
Jan 1, 2026
$321/sqft/sqft
152 days on market
1116 Shepherds Ln Ne, Atlanta, GA 30324
Quick Flip

Sold below market average

3 beds
1 baths
1,206 sqft
$2,400
Feb 1, 2026
$2/sqft/sqft
952 days on market

Data Sources

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

Report generated: 3/31/2026

GemHaus

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