There are currently 214,368 real estate properties in Atlanta, GA, with a median automated valuation model (AVM) price of $428,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Atlanta, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Atlanta, GA, is $611,754.00, with the most expensive house in Atlanta, GA, topping out at $93,773,900.00 and the cheapest home in Atlanta, GA, clocking in at $26,900.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $1,819.00. 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Atlanta, GA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Atlanta, GA and much more. Save thousands at closing with home foreclosure listings in Atlanta, GA — up to 75% off market value!
Atlanta is located in Fulton, Georgia, with an estimated municipal population of 506,811 residents. All of the best foreclosed homes for sale in Atlanta are located in the following zip code areas on Foreclosure.com: 30334 30331 30332 30309 30308 30305 30307 30303 30354 30327 30322 30326 30324 30319 30342 30306 30318 30316 30317 30314 30315 30312 30313 30310 30311 30363 30301 30302 30304 30321 30325 30333 30343 30348 30353 30355 30357 30361 30368 30369 30370 30371 30375 30377 30392 30394 30398 31106 31107 31126 31139 31141 31193 31195 31196. The estimated population per square kilometer (.62 miles) in Atlanta is 1,441.
So, about how much do homes cost in Atlanta? The most recent median value of resident-owned homes in Atlanta is 289,412. An estimated 43.5 percent of households in Atlanta own their homes, with an average family size of 3.27. The median household income in Atlanta is 59,948, with31.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Atlanta, the median commute time of resident workers (in minutes) is 27.2. And last, but certainly not least, are you looking for homes to rent in Atlanta? If so, the average rent price paid by renters in Atlanta is 1,153, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Atlanta, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Atlanta is 33.3, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Atlanta is 27.3, with an average family size of 3.27.
The percentage of residents who report their race in Atlanta is as follows:
|Black / African American||51%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Atlanta? Or maybe you are searching for 55+ active adult communities in and/or near Atlanta?
The percentage of residents who report their age in Atlanta is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Atlanta with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Atlanta.
How do you know that living in -- or moving to -- Atlanta is right where you need to be? Perhaps you grew up in Atlanta or already live nearby; therefore, the decision to buy a home in Atlanta is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Atlanta for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Atlanta:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Atlanta.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Atlanta can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Atlanta, meanwhile, can field multiple offers from more qualified buyers.
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