Atlanta, GA 30342 Real Estate Market Report

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.

Market Metrics

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

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.

Liquidity & Velocity

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

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, the $828,000 median sold price, suggests transaction-level value is materially below current asking expectations; the sizable gap between the median listing price of $1,345,000 and the median sold price of $828,000 may indicate pricing friction and that sellers who price above recent sold comparables may face longer time to close.
2. Sales velocity appears slow given the median days on market of 343, which points to extended marketing periods and pricing and liquidity sensitivity; expect slower transaction turnover even as the overall market temperature is reported as neutral.
3. Inventory dynamics show increased supply relative to sales activity (sample data), producing a balanced market that slightly favors buyers; combined with a price year-over-year trend of up, this suggests modest appreciation but with negotiation room and balanced market conditions.
4. Rental dynamics remain supportive for investors: the median market rent of $1,654 alongside a rent year-over-year trend of up indicates ongoing rent growth; interest rate context shows current local 30-year fixed mortgage rates averaging 6.53% with interest rate pressure described as moderate, which may temper buyer leverage but also keeps rental demand relevant.

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.