Atlanta, GA 30342 Real Estate Market Report

ZIP Code: 30342
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Atlanta, GA (ZIP: 30342) stands at $903,500, reflecting a market that has decreased 8% since 2022. This decline indicates a softening in price pressure, suggesting that buyers may have more negotiating power in the current environment. The elevated inventory levels, paired with a median days on market of 234, further highlight a slower sales velocity, indicating that properties are taking longer to sell compared to previous periods.

Despite the cooling in sold prices, the median listing price remains significantly higher at $1,250,000, which may create pricing friction for sellers as they adjust expectations to align with buyer sentiment. The market temperature is currently classified as neutral, suggesting a balanced environment where neither buyers nor sellers have a distinct advantage. Elevated mortgage rates, currently around 6.15%, are contributing to buyer hesitance, although local economic conditions may support long-term affordability in the market.

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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.

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Market Metrics

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.

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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.

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Property Taxes

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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.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Atlanta, GA, around 6.15% are slightly higher than the recent 2026 average of 5.9% seen earlier this year.

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

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Key Findings

1. The median sold price of $903,500 indicates a market that has seen a decrease in pricing pressure, suggesting potential opportunities for buyers.

2. With a median days on market of 234, properties are experiencing slower sales velocity, which may indicate a need for sellers to adjust pricing strategies.

3. The median listing price of $1,250,000 presents a significant gap compared to the sold price, highlighting potential pricing friction for sellers in the current market.

4. Current interest rate pressure is classified as elevated, with mortgage rates around 6.15%, which may dampen buyer confidence and affect transaction volume.

5. The median market rent of $2,940 remains stable, suggesting that rental demand is holding steady even amid fluctuations in the sales market.

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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.