Auctions in Atlanta, GA

Current Market Conditions in Atlanta, GA

The Atlanta real estate market has been experiencing steady growth, with a focus on urban living and redevelopment of older neighborhoods. The demand for housing remains strong as more people relocate to the city for job opportunities and a favorable climate. Moreover, the luxury apartment trend is on the rise, especially in areas like Midtown and Downtown.

Inventory remains relatively low, which contributes to increased home prices; however, new developments are underway to accommodate the growing population. The market for single-family homes is competitive, leading to multiple offers and faster sales compared to previous years.

Rent Prices In Atlanta, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Atlanta, GA, is on a rollercoaster ride. The average rent price in Atlanta, GA, is $1,820.00. Indeed, when looking to rent in Atlanta, GA, you can expect to pay as little as $540.00 or as much as $5,660.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Atlanta, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.