The housing market in Atlanta, GA (30316) has been booming over the past year. The median value of a house in this area is $389,900, which is higher than the US median value of $338,100. This means that home prices in this area have increased significantly over the past year, with a 9.69% house appreciation rate compared to the 8.27% US average. Investing in a home in Atlanta could prove to be beneficial due to its rising house values and high demand for housing.
The median home cost in Atlanta (zip 30316) is $389,900. Home appreciation the last 10 years has been 125.7%. Home Appreciation in Atlanta (zip 30316) is up 15.6%.
Average Age of Homes
- The median age of Atlanta (zip 30316) real estate is 47 years old
The Rental Market in Atlanta (zip 30316)
- Renters make up 31.1% of the Atlanta (zip 30316) population
- 3.1% of houses and apartments in Atlanta (zip 30316), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.