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Atlanta, GA 30331 Real Estate Market Report

ZIP Code: 30331
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of March 2026, the real estate market in Atlanta, GA (ZIP: 30331) reflects a median sold price of $258,500, indicating a stable market environment despite the challenges posed by elevated interest rates. The neighborhood has increased up since 2023, suggesting a resilient demand for housing despite broader economic pressures. The median listing price stands at $271,375, highlighting a notable gap between seller expectations and actual transaction prices, which may create pricing friction for potential buyers.

Market activity shows signs of moderation, with median days on market extending to 274 days, indicative of slower sales velocity. This extended time frame may suggest a shift toward a more balanced market as inventory levels remain elevated relative to sales activity. The current market temperature is classified as neutral, reflecting a balance between buyer and seller dynamics, although affordability challenges persist due to elevated interest rate pressure.


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
170
Active Listings
100
Sold Properties
70

Market Metrics

Median Listing Price
$271,375
Median Sold Price
$258,500
Median Price per Sqft
$141/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

Property Taxes

Property Tax Rate
0.89%

Liquidity & Velocity

Median Days on Market
274
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 Atlanta GA 30331 area around 6.56% are notably higher than the recent February 2026 lows of approximately 5.75%, indicating a market shift against recent refinancing opportunities.

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 $258,500 indicates a stable market, with a notable gap from the median listing price of $271,375 suggesting potential pricing friction.

  2. With median days on market at 274, the market is experiencing slower sales velocity, which may indicate a shift toward a more balanced dynamic.

  3. The market temperature is neutral, suggesting a balanced environment between buyers and sellers, despite elevated inventory levels.

  4. Elevated interest rate pressure continues to challenge affordability, impacting buyer engagement and overall market activity.

  5. The median market rent of $1,890 reflects a up trend year-over-year, indicating a growing rental market amidst the broader economic context.


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

5614 Wyncreek Cir Sw, Atlanta, GA 30331
Top Sale

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

5 beds
3 baths
3,896 sqft
$619,000
Feb 1, 2026
$159/sqft/sqft
237 days on market
4890 Sultana Way Sw, Atlanta, GA 30331
Premium

Sold above market average

5 beds
3 baths
3,265 sqft
$564,759
Jan 1, 2026
$173/sqft/sqft
872 days on market
4435 Heatherwood Dr Sw, Atlanta, GA 30331
Premium

Sold above market average

4 beds
3 baths
2,313 sqft
$520,000
Feb 1, 2026
$225/sqft/sqft
488 Plainville Dr Sw, Atlanta, GA 30331
Market Benchmark

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

3 beds
2 baths
1,256 sqft
$230,000
Feb 1, 2026
$183/sqft/sqft
81 days on market
309 Hemphill School Rd Nw, Atlanta, GA 30331
Market Benchmark

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

2 beds
2 baths
1,144 sqft
$229,900
Feb 1, 2026
$201/sqft/sqft
453 days on market
2150 Alan Dr Sw, Atlanta, GA 30331
Market Benchmark

Sold at market average

2 beds
1 baths
1,552 sqft
$218,000
Feb 1, 2026
$140/sqft/sqft
673 Utoy Cir Sw, Atlanta, GA 30331
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds
1 baths
1,125 sqft
$189,000
Feb 1, 2026
$168/sqft/sqft
27 days on market
3690 Adamsville Dr Sw, Atlanta, GA 30331
Quick Flip

Sold below market average

3 beds
2 baths
1,149 sqft
$1,211
Mar 1, 2026
$1/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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