The Atlanta housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Atlanta currently stands at $432,500. With 5.4 months of supply, Atlanta's inventory levels remain relatively tight. Homes are taking about 47 days to sell, which is 11 days longer than this time last year. A significant 36.2% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.9% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Atlanta market with the affordability index at 5.4. Current trends suggest further price adjustments may occur as the market continues to favor buyers.
Atlanta, GA has a total population of 543,359 residents. White residents make up 37.0% of the population, African American residents comprise 45.6% of the community. with Asian residents representing 4.0%. This creates a relatively diverse demographic makeup for the area. As a large population center, Atlanta, GA offers diverse community resources and amenities.
Crime analysis for Atlanta, GA shows 4,085 total incidents across all categories. The most prevalent crime type is Assault (49.5% of all incidents). This is followed by Property Crime at 40.7%. The overall crime rate in Atlanta, GA is relatively high, with violent crimes being more common than property crimes. Residents and visitors should remain aware of their surroundings and take appropriate safety precautions.
Market predictions for Atlanta, GA show an upward trend in home prices, with values increasing by 9.5%. This indicates a moderate but notable price trend. The current median home price in Atlanta, GA is approximately $422,483.868. Based on current trends, home prices in Atlanta, GA are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
Atlanta, GA features 16 investment hotspots with varying levels of activity. The average nightly rate of $147 suggests an affordable market for travelers. The average rating of 3.9/5 indicates moderate guest satisfaction. With an average hotspot score of 0.78, these areas show good investment opportunities. The area is well-developed with 262 hotels, indicating established tourism infrastructure.
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