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Atlanta, GA 30324 Real Estate Market Report

ZIP Code: 30324
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of February 2026, the real estate market in Atlanta, GA (ZIP: 30324) is characterized by a median sold price of $678,000, reflecting the actual transaction values in the area. This price point indicates a stable market environment, although the year-over-year trend shows a slight decline, suggesting that the neighborhood has decreased in value. The median listing price stands at $750,000, which highlights a notable gap between seller expectations and actual market performance, potentially indicating pricing friction as sellers adjust to current market realities.

Transaction activity appears to be moderate, with median days on market at 299 days, indicating slower sales velocity. The overall inventory conditions are marked by elevated inventory levels, with excess supply relative to sales activity. This shift towards a more balanced market may suggest that buyers are becoming accustomed to elevated interest rates, which are currently around 5.875%, slightly below the average seen for similar loans. The market temperature remains neutral, reflecting a balanced environment where both buyers and sellers are navigating the current economic landscape cautiously.


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
Last 90 Days
Total Properties Analyzed
119
Active Listings
89
Sold Properties
30

Market Metrics

Median Listing Price
$750,000
Median Sold Price
$678,000
Median Price per Sqft
$355/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
$2,330 - $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
1.22%

Liquidity & Velocity

Median Days on Market
299
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
up
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, around 5.875% are slightly lower than the average 6.375% seen for similar loans originated in early 2026.

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 $678,000 indicates a stable market, despite a down trend in year-over-year pricing.

  2. With a median listing price of $750,000, there is a significant gap suggesting pricing friction as sellers may need to adjust expectations.

  3. The median days on market of 299 days points to slower sales velocity in the current market environment.

  4. Elevated inventory levels suggest excess supply relative to sales activity, contributing to a neutral market temperature.

  5. Current interest rates around 5.875% are moderate, indicating that buyers are adapting to the new financial landscape.


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

Last 90 Days
601 Sherwood Rd Ne, Atlanta, GA 30324
Top Sale

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

3 beds
1 baths
1,343 sqft
$3,595,000
Dec 1, 2025
$2,677/sqft/sqft
129 days on market
1835 Wellbourne Dr Ne, Atlanta, GA 30324
Premium

Sold above market average

4 beds
3 baths
4,439 sqft
$2,425,000
Dec 1, 2025
$546/sqft/sqft
216 days on market
1817 Wildwood Pl Ne, Atlanta, GA 30324
Premium

Sold above market average

6 beds
4 baths
4,254 sqft
$1,876,000
Dec 1, 2025
$441/sqft/sqft
3143 Merrick Dr Ne, Atlanta, GA 30324
Market Benchmark

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

4 beds
3 baths
1,884 sqft
$699,900
Jan 1, 2026
$371/sqft/sqft
92 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
134 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
141 days on market
2226 Melante Dr Ne, Atlanta, GA 30324
Quick Flip

Sold below market average

3 beds
2 baths
1,729 sqft
$299,000
Nov 1, 2025
$173/sqft/sqft
5018 days on market
1124 Ralph Rd Ne, Atlanta, GA 30324
Quick Flip

Sold below market average

5 beds
4 baths
3,270 sqft
$284,900
Nov 1, 2025
$87/sqft/sqft
3142 days on market

Data Sources

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

Report generated: 2/19/2026

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