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Atlanta, GA housing market

Atlanta, GA metro median sale price $397K in Jul–Sep 2026, down 0.3% year over year. Also days on market, price cuts, affordability and ZIP-code figures.

The median sale price in the Atlanta, GA metro is $397K over Jul–Sep 2026, down 0.3% from the same 3 months a year earlier. FHFA's repeat-sales index for the metro points the other way: up 1.0% through Q2 2026.

On median sale price, Atlanta ($397K) ranks 4th of the 14 Georgia metros Pecan Street tracks, between Athens ($398K) and Savannah ($369K). On median days on market, Atlanta (61 days) ranks 12th of the 14 Georgia metros, between Columbus (65 days) and Rome (61 days). On share of listings with a price cut, Atlanta (35%) ranks 2nd of the 14 Georgia metros, between Rome (37%) and Savannah (34%).

Listings spent a median 61 days on market in Oct 2026. 35% of active listings carry a price cut; the 3-month average vs a year earlier is 2.3 points lower. Median asking prices sit about 4% above the median sale price. Building permits authorized 2,874 new housing units in Sep 2026.

At the 7.12% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,137 a month; at 28% of gross income, that takes about $92K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio up 3.6% from a year earlier. Active listings ask a median $193 per square foot; the 3-month average vs a year earlier is down 0.7%.

In 11 of the 12 ZIP codes in the table below, median list prices are lower than a year earlier; one is higher.

Headline

Median sale price

Jul–Sep 2026

$397K

-0.3% year-over-year

How it’s calculated

Average of the last three monthly median sale prices vs. the same three months a year earlier.

Mortgage rate

Nov 4, 2026

7.12%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$2,137/mo

$92K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Atlanta compares to other U.S. metros

Home-price growth↓297th of 383
Asking-vs-sale gap175th of 300
Price-to-rent165th of 373 (top 45%)
Price cuts183rd of 385 (top 48%)
Days on market181st of 385 (top 48%)

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 16 +3.6% YoY
165th of 373 (top 45%)
Asking price / sq ft$193 -0.7% 3-month average vs a year earlier

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Oct 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 35% -2.3 pts 3-month average vs a year earlier
183rd of 385 (top 48%)
New housing units permitted2,874

The median asking price $412K runs about 4% above the median sale price $397K.

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Oct 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, Oct 2026); sale is the headline median of recent closings (Redfin, Jul–Sep 2026) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data12 shown of 206
MLS board of recordFirst MLS (FMLS)
Price methodologyRedfin vs FHFA HPI
Sale-price windowJul–Sep 2026

Recent signals

No signals flagged for this market right now.

Recent notable readings

Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.

Housing Economy

Atlanta · ConstructionCOPIED

Atlanta builders pulled 8.9% fewer single-family permits than a year earlier

Single-family building permits in the Atlanta metro area, by month, one line per year, units

AprJulOct1,2001,6002,0002,4002,80020252026
AprJulOct1,2001,6002,0002,4002,80020252026
2024
Chart data
Month202420252026
Dec1,8841,375—
Nov1,6191,243—
Oct2,1222,171—
Sep1,7231,8711,576
Aug2,4331,8361,787
Jul2,2931,9591,939
Jun2,0881,8151,947
May2,3781,9481,823
Apr2,4482,1782,085
Mar2,6652,1301,971
Feb2,1501,9711,730
Jan2,1611,8591,478

Source: U.S. Census Bureau, Building Permits Survey · data through September 2026

Builders in the Atlanta metro area pulled 21,125 single-family permits in the twelve months through September 2026, 8.9% fewer than in the twelve months before. So far in 2026, permits are running 7.0% below the same months of 2025.

Why it matters. Permits come before starts, and starts come before new homes for sale, so this is the earliest read on how much new building is planned in the Atlanta area. When the permit pipeline shrinks, buyers see fewer new-build options later; when it grows, sellers of existing homes face more competition from builders.

Atlanta · Home pricesCOPIED

Atlanta home prices are 1.0% higher than a year ago, the weakest gain since the fourth quarter of 2012

Home prices in the Atlanta metro area, change from a year earlier, FHFA all-transactions index, quarterly, percent; shaded bars mark recessions

19801990200020102020-12%0%12%24%36%Atlanta
19801990200020102020-12%0%12%24%36%Atlanta
No changeRecession
Chart data
DateAtlanta
Jun 20261%
Mar 20262.2%
Dec 20252.4%
Sep 20251.6%
Jun 20252.1%
Mar 20253%
Dec 20243.7%
Sep 20244.4%
Jun 20244.5%
Mar 20245.3%
Dec 20234.9%
Sep 20233.9%
Jun 20235.5%
Mar 202310%
Dec 202214.8%
Sep 202221.8%
Jun 202225.4%
Mar 202224.5%
Dec 202121.9%
Sep 202117.9%
Jun 202113.5%
Mar 20218.1%
Dec 20206.6%
Sep 20205.5%
Jun 20204.9%
Mar 20206.2%
Dec 20196.4%
Sep 20195.5%
Jun 20196.3%
Mar 20196.5%
Dec 20187.4%
Sep 20188.3%
Jun 20188%
Mar 20188.7%
Dec 20176.5%
Sep 20176.6%
Jun 20177.3%
Mar 20177.3%
Dec 20167.5%
Sep 20167.6%
Jun 20166.6%
Mar 20166.5%
Dec 20157.9%
Sep 20157.8%
Jun 20158.3%
Mar 20158.4%
Dec 20148.6%
Sep 20149.2%
Jun 20149.5%
Mar 20149.2%
Dec 20137.8%
Sep 20137.4%
Jun 20136.6%
Mar 20131.5%
Dec 2012-2.2%
Sep 2012-3.4%
Jun 2012-3.8%
Mar 2012-6.2%
Dec 2011-7.3%
Sep 2011-8.4%
Jun 2011-8.5%
Mar 2011-6.5%
Dec 2010-4.6%
Sep 2010-5%
Jun 2010-10.2%
Mar 2010-11.4%
Dec 2009-7.9%
Sep 2009-6.7%
Jun 2009-5.5%
Mar 2009-3.8%
Dec 2008-6%
Sep 2008-5.2%
Jun 2008-2.7%
Mar 2008-0.5%
Dec 20070.4%
Sep 20071.5%
Jun 20073%
Mar 20073.1%
Dec 20062.8%
Sep 20062.2%
Jun 20063.2%
Mar 20064%
Dec 20054.8%
Sep 20055.5%
Jun 20055%
Mar 20054.3%
Dec 20044.3%
Sep 20044.1%
Jun 20043.5%
Mar 20043.9%
Dec 20033.2%
Sep 20032.8%
Jun 20033.8%
Mar 20034.1%
Dec 20024.4%
Sep 20024.6%
Jun 20024.4%
Mar 20024.8%
Dec 20017%
Sep 20017.4%
Jun 20017.8%
Mar 20018.4%
Dec 20006.8%
Sep 20006.5%
Jun 20006.8%
Mar 20006.8%
Dec 19997%
Sep 19997.2%
Jun 19997.2%
Mar 19996.4%
Dec 19986.7%
Sep 19986.7%
Jun 19986.4%
Mar 19986.7%
Dec 19975.9%
Sep 19975.3%
Jun 19974.2%
Mar 19973.6%
Dec 19963.5%
Sep 19964.4%
Jun 19964.9%
Mar 19965.8%
Dec 19955.5%
Sep 19954%
Jun 19953.5%
Mar 19952.1%
Dec 19941.4%
Sep 19942%
Jun 19941.9%
Mar 19942.8%
Dec 19932.6%
Sep 19931.9%
Jun 19933.5%
Mar 19932%
Dec 19922.8%
Sep 19924%
Jun 19921.2%
Mar 19921.7%
Dec 19912.1%
Sep 1991-0.2%
Jun 19911.1%
Mar 1991-0.1%
Dec 1990-2%
Sep 1990-0.2%
Jun 19900.7%
Mar 19901.5%
Dec 19893.6%
Sep 19892.5%
Jun 19891.2%
Mar 19892.8%
Dec 19883.2%
Sep 19884.2%
Jun 19885.4%
Mar 19885.6%
Dec 19875.7%
Sep 19877%
Jun 19876.5%
Mar 19876.4%
Dec 19866.7%
Sep 19866.3%
Jun 198611.9%
Mar 19867.1%
Dec 19856.8%
Sep 19859.9%
Jun 19851.2%
Mar 19856.1%
Dec 19846.5%
Sep 19842.6%
Jun 19847.2%
Mar 19846.6%
Dec 19834.7%
Sep 19835.3%
Jun 19831.1%
Mar 19831.7%
Dec 19824%
Sep 19826.1%
Jun 19829.5%
Mar 19829.7%
Dec 198110.2%
Sep 19816.7%
Jun 19819.4%
Mar 19816.2%
Dec 19807%
Sep 198012.1%
Jun 198012%
Mar 198015.8%
Dec 197917.1%
Sep 197910.4%
Jun 197913.9%
Mar 19795.8%
Dec 19784.5%
Sep 19785.7%
Jun 19783.9%
Mar 19789%
Dec 19777.6%
Sep 19775%
Jun 19771.4%
Mar 19775.2%

Source: FHFA house price index; recession dates from NBER · data through Q2 2026

FHFA's all-transactions index for the Atlanta metro area in the second quarter of 2026 was 1.0% above its level a year earlier. Since 1977, prices have risen an average of 4.8% a year. That is the weakest reading since the fourth quarter of 2012. Nationally, prices were 3.0% higher than a year earlier.

Why it matters. Long-run context shows how the latest change in Atlanta home prices compares with the market's own history, including the recessions shaded on the chart. When appreciation slows, sellers have less room for a list price to run ahead of recent sales, and buyers feel less pressure to stretch to keep up; when it speeds up, the reverse holds: list prices can run ahead of recent sales and buyers compete harder.

Price reconciliation

normal · 1.3pp

Redfin (metro)

-0.3%

FHFA HPI · Q2 2026

+1.0%

Year-over-year home-price change from two independent methods — Redfin (sale prices over the last 3 months) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

Market dispatches

Citable market dispatches for Atlanta → Latest dispatch: Sep 21, 2026.

More markets in GA

AlbanyAthensAugustaBrunswickColumbusDaltonGainesvilleHinesvilleMaconRomeSavannahValdosta

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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
30024$649K↓334↑92↑124↑55↑$598K↓
30040$640K↓343↑104↓128↓50↑$582K↓
30041$665K↓416↑100↑172↑58↑$620K↓
30043$425K↓339↑104↓128↑58↑$399K↓
30052$430K↓431↑120↓168↓65↑$387K↓
30135$365K↓361↑96↑144↑57↓$314K↓
30143$520K↓345↑72↓104↑76↑$427K↑
30252$437K↑351↑84↓136↑66↑$376K↓
30253$335K↓361↑92↑120↑60↓$312K↓
30318$386K↓450↓100↓152↓65↑$375K↓
30349$275K↓344↓112↓132↓63↓$251K↓
30518$527K↓342↑68↓116↑59↑$453K↓

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.