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Atlanta, GA 30349 Real Estate Market Report

ZIP Code: 30349
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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
171
Active Listings
103
Sold Properties
68

Market Metrics

Median Listing Price
$279,900
Median Sold Price
$244,945
Median Price per Sqft
$138/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
$1,635

Property Taxes

Property Tax Rate
1.52%

Liquidity & Velocity

Median Days on Market
237
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
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Atlanta, GA, are approximately 6.30%, reflecting a stable market environment for property owners compared to early 2026 benchmarks.

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


Key Findings

  1. median sold price $244,945 remains the primary indicator of market value and recent transaction activity, signaling that recent sales are settling notably below the median listing price $279,900, which suggests pricing friction between seller expectations and completed transactions.

  2. median sold price $244,945 coupled with a long median days on market 237 suggests slower sales velocity and that properties may take extended time to find buyers; this appears consistent with the market temperature described as neutral, indicating a balanced but cautious market.

  3. median sold price $244,945 alongside a median price per square foot 138 points to moderate valuation levels for SFR and condo units in the area; investors or owners should note that rent trends are moving down (median market rent $1,635 and rent year-over-year trend down), which may compress near-term rental income expectations.

  4. median sold price $244,945 should be evaluated in the context of financing pressure, as interest rate conditions are described as moderate with current 30-year fixed mortgage rates near 6.30%, which may restrain buyer purchasing power and contribute to the observed slower liquidity and elevated inventory relative to sales activity.


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

4220 Greentree 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
8,382 sqft
$950,000
Feb 1, 2026
$113/sqft/sqft
190 days on market
3346 Sequoia Ave, Atlanta, GA 30349
Market Benchmark

Sold at market average

4 beds
3 baths
4,283 sqft
$590,000
Mar 1, 2026
$138/sqft/sqft
101 days on market
3753 The Great Dr, Atlanta, GA 30349
Premium

Sold above market average

5 beds
4 baths
3,082 sqft
$554,900
Feb 1, 2026
$180/sqft/sqft
178 days on market
5850 Sable Glen Rd, Atlanta, GA 30349
Market Benchmark

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

4 beds
3 baths
1,450 sqft
$251,600
Feb 1, 2026
$174/sqft/sqft
217 days on market
4405 Roche St, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,119 sqft
$245,000
Mar 1, 2026
$219/sqft/sqft
164 days on market
6265 Ponderosa Ct, Atlanta, GA 30349
Market Benchmark

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

1 beds
1 baths
450 sqft
$245,000
Feb 1, 2026
$544/sqft/sqft
221 days on market
2303 Pine Tree Trl, Atlanta, GA 30349
Value

Sold below market average

3 beds
2 baths
1,466 sqft
$88,000
Feb 1, 2026
$60/sqft/sqft
308 days on market
5370 Longmeadow Ln, Atlanta, GA 30349
Value

Sold below market average

3 beds
1 baths
1,248 sqft
$87,500
Feb 1, 2026
$70/sqft/sqft

Atlanta, GA 30349 Real Estate Market Report

ZIP Code: 30349
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


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
71
Active Listings
3
Sold Properties
68

Market Metrics

Median Listing Price
$55,000
Median Sold Price
$203,000
Median Price per Sqft
$135/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
$1,350

Property Taxes

Property Tax Rate
0.80%

Liquidity & Velocity

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
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Atlanta, GA, are approximately 6.30%, reflecting a stable market environment for property owners compared to early 2026 benchmarks.

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


Key Findings

  1. The primary market indicator is the median sold price of $203,000, which signals current transaction-level value and suggests that recent closings are centered around this price point; paired with a neutral market temperature, this points to a generally balanced pricing environment.

  2. Pricing efficiency shows a $135 per square foot median price, which may indicate moderate pricing support for both single-family residential and condominium segments and suggests sellers should align asking prices with this per‑square‑foot benchmark to avoid pricing friction.

  3. Rental context is mixed: the median market rent is $1,350, while rent year-over-year trend is down; investors should expect softer rent growth near-term and factor rental softness into cashflow models.

  4. Liquidity appears orderly: sample-level activity reflects a relatively constrained active supply that may support transactionability, while market indicators (price year-over-year: up and interest rate pressure: moderate) suggest stable financing conditions—current mortgage rates are approximately 6.30%, so underwriters and buyers should continue to monitor rate volatility when evaluating deal feasibility.


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

1400 Flat Shoals Rd Apt B2, Atlanta, GA 30349
Top Sale

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

3 beds
2 baths
1,509 sqft
$214,954
Oct 1, 2025
$142/sqft/sqft
1400 Flat Shoals Rd Apt I1, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,509 sqft
$214,954
Oct 1, 2025
$142/sqft/sqft
1400 Flat Shoals Rd Apt C2, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,509 sqft
$214,954
Oct 1, 2025
$142/sqft/sqft
1400 Flat Shoals Rd Apt J2, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,509 sqft
$214,107
Oct 1, 2025
$142/sqft/sqft
1400 Flat Shoals Rd Apt K3, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,509 sqft
$214,107
Oct 1, 2025
$142/sqft/sqft
1400 Flat Shoals Rd Apt D1, Atlanta, GA 30349
Market Benchmark

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

3 beds
2 baths
1,509 sqft
$214,107
Oct 1, 2025
$142/sqft/sqft
707 Pine Tree Trl, Atlanta, GA 30349
Value

Sold below market average

2 beds
2 baths
1,132 sqft
$111,000
Sep 1, 2025
$98/sqft/sqft
671 days on market
104 Camelot Dr, Atlanta, GA 30349
Value

Sold below market average

3 beds
2 baths
1,282 sqft
$104,632
Dec 1, 2025
$82/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$40/mo
30349 Avg Rent
30349 Cost to Own
Rent$1,635
Own$1,595

20% down, 6.3% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

30349 Avg nightly rate
30349 Avg occupancy (days/year)
Nightly rate$162/night
Occupancy92 of 365 days

Data Sources

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

Report generated: 5/1/2026

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