![]() The disparity between the average value and median asking price suggests a varied market with homes at multiple price points, catering to a diverse range of buyers. The number of houses available for sale in the city is 19,928, and the median asking price for these homes stands at $394,633. Atlanta’s rental cost is reflective of its status as a major city, but without the exorbitant prices found in the nation's most expensive urban areas.Īs for home values, the average home in Atlanta is valued at $373,494, compared to the average home value in the US of $430,300. The average national rent in the United States is $1,372. While major hubs like San Francisco ($3336) or New York City ($3,475) often see much higher rental averages, many smaller cities and rural areas have lower rates. Compared to many cities nationally, this can be considered moderate. ![]() The average monthly rental cost in Atlanta stands at $1,978. Such high figures for Atlanta could point to an emerging market, growing job opportunities, or an influx of new residents.Ītlanta’s cost of living composite score is 100.4, which is almost exactly at the national average. ![]() This is notably different from the national average, where the number of houses sold per month in most major cities is often lower – overall sales of existing houses is down nationwide 15.30% from one year ago. Last month, 5,672 houses changed hands in Atlanta, indicating a healthy amount of real estate activity. Some of the top sources of people moving to Atlanta are Los Angeles, California, Chicago Illinois, Miami, Florida, Charlotte. While 8% of Atlanta's population is foreign-born, even more people are coming from elsewhere in the United States - only 53% of Atlanta residents were born in Georgia! The population of Atlanta has grown by more than 20% since 2000, drawn by jobs, a low cost of living, and a burgeoning cultural scene.
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