GemHausNew report

Atlanta, GA 30349 Real Estate Market Report

ZIP Code: 30349
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The median sold price in Atlanta, GA (ZIP: 30349) is currently $249,499.5, reflecting a market that has seen a slight year-over-year decline. This decrease aligns with the overall trend of home values in the area, which have been experiencing downward pressure. Despite this, the long-term economic outlook remains positive due to ongoing population inflow, suggesting that the market may stabilize in the near future.

Transaction activity is characterized by elevated inventory levels, indicating excess supply relative to sales. With a median days on market of 172, properties are taking longer to sell, which may provide buyers with increased negotiation leverage. The current market temperature is classified as neutral, suggesting a balance between buyer and seller expectations, although the elevated interest rate pressure may impact future market dynamics.


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
174
Active Listings
100
Sold Properties
74

Market Metrics

Median Listing Price
$294,900
Median Sold Price
$249,500
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
$1,375 - $2,308

Property Taxes

Property Tax Rate
0.89%

Liquidity & Velocity

Median Days on Market
172
Sale-to-List Ratio
100.0%

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

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 6.12% are notably lower than the 6.87% average from one year ago in 2025, presenting a cost-saving opportunity for property owners.

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 is $249,499.5, indicating a market that has experienced a slight decline in home values.

  2. With a median days on market of 172, the market is showing slower sales velocity, suggesting potential pricing friction for sellers.

  3. The median listing price stands at $294,900, creating a notable gap between listing and sold prices, which may indicate seller expectations are misaligned with market realities.

  4. The current market temperature is classified as neutral, reflecting a balanced market where neither buyers nor sellers hold a significant advantage.

  5. Median market rent is $1,890, which has been trending up, indicating a strengthening rental market despite the overall price decline in home sales.


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
6057 Glencedar Ln, Atlanta, GA 30349
Top Sale

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

4 beds
3 baths
2,907 sqft
$434,900
Jan 1, 2026
$150/sqft/sqft
249 days on market
733 Miller Run, Atlanta, GA 30349
Market Benchmark

Sold at market average

4 beds
2 baths
3,238 sqft
$429,900
Dec 1, 2025
$133/sqft/sqft
1354 days on market
7280 Wright Dr, Atlanta, GA 30349
Market Benchmark

Sold at market average

4 beds
3 baths
3,259 sqft
$415,000
Nov 1, 2025
$127/sqft/sqft
132 days on market
4940 Rapahoe Trl, Atlanta, GA 30349
Market Benchmark

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

5 beds
3 baths
2,632 sqft
$250,000
Dec 1, 2025
$95/sqft/sqft
2386 days on market
2317 Hackamore Dr, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,748 sqft
$250,000
Jan 1, 2026
$143/sqft/sqft
165 days on market
5517 Rock Shoals Way, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,243 sqft
$245,000
Nov 1, 2025
$197/sqft/sqft
273 days on market
2555 Flat Shoals Rd, Atlanta, GA 30349
Quick Flip

Sold below market average

3 beds
2 baths
1,430 sqft
$109,000
Dec 1, 2025
$76/sqft/sqft
6340 Tahoe Dr, Atlanta, GA 30349
Quick Flip

Sold below market average

3 beds
2 baths
1,260 sqft
$79,000
Dec 1, 2025
$63/sqft/sqft

Data Sources

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

Report generated: 2/16/2026

GemHaus

Get personalized market intelligence

Explore real-time property analysis in Atlanta, GA: valuations, rental estimates, costs, and pro-forma projections.

Nearby Market Reports