Atlanta, GA Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Is now a good Time to sell a house in Atlanta? ›

Best Time to Sell Your House for a Higher Price

April, May, and June are the best months to sell your house in Atlanta. The median sale price of houses in May 2023, was $441,375, which is expected to rise in 2024. However, cities like Norcross and Brookhaven follow an upward trend throughout the year.

How much does a Real Estate Agent make in Atlanta, Georgia? As of Jul 18, 2024, the average annual pay for a Real Estate Agent in Atlanta is $79,104 a year. Just in case you need a simple salary calculator, that works out to be approximately $38.03 an hour. This is the equivalent of $1,521/week or $6,592/month.

Atlanta housing trends and stats

The median home price in Atlanta as of August 2023 was $418,000, per Redfin. That's 4.5 percent more than in August 2022 and slightly above the National Association of Realtors' nationwide median price of $407,100.

Georgia makes it easier to get started in real estate compared to other states. You just need a high school diploma, real estate classes, and to pass the licensing exam.

Real estate experts predict a continued housing shortage, and because they expect high buyer demand to keep pushing home prices up, 2024 may be an ideal time to sell. Experts also anticipate a leveling out of 2023's elevated mortgage rates, expecting rates to eventually settle around 6% – 7% in the spring.

Here's how each month of the year ranked for the best time to sell a house. The highest-earning months are, in ranking order, May, June, April and March. Just over 18 million purchase transactions took place during this period, according to ATTOM.

The highest-paying states for real estate brokers

According to GlassDoor, the top five states with the highest real estate broker salaries are New York, California, Nevada, Iowa, and Arizona. Commissions can vary based on city, market, property type, sales volume, and experience levels.

According to data from job portals and employee surveys, a real estate agent in GA can make $50K annually. Entry-level wages start from $22K and can go up to $100K annually for top-level agents. For more experienced and senior-level real estate agents, the average annual salary starts at around $60K.

Here's how much money you need to make in Georgia to live comfortably in 2024. ATLANTA, Ga. — Living comfortably in Georgia in 2024 requires a salary of nearly $100,000, according to a new study.

Homes in the Detroit metropolitan area are 40.79% overvalued compared to their long-term pricing trends, according to end of May data from the Top 100 U.S. Housing Markets. Meanwhile, housing premiums in Atlanta are 40.37% overvalued, bringing Atlanta in as the second most overvalued housing market in the country.

Where are houses the cheapest in Georgia? ›

Brunswick may be the most affordable place to live in Georgia. The median home cost was around $106,000 in January 2023, significantly lower than the national average. However, prices have been rising rapidly since then.

One of the hardest things about being a real estate agent is smoothing your income so that it is consistent throughout the year. This requires discipline and rigorous budgeting. Some agents take second jobs.

Georgia Housing Market Overview

Despite being a sellers' market like most of the country, Georgia is actually more balanced than many other states. It took 33 days on average for a home to sell, which is right around the national average. The market also has the fifth highest housing inventory in the country.

Median Sales Price Based on data from Redfin, in May 2024, Atlanta home prices experienced a slight decrease of 1.1% compared to the previous year. This reflects a median sales price that has become more attainable for a segment of the market.

The final concession throughout the majority of the United States is that the winter months are typically the worst months to sell a house due to less than ideal conditions and the buyer mentality that sellers must be desperate if they are trying to sell their home during the busy holiday season.

Emerging Real Estate Development Trends

In 2024, Atlanta's real estate market is expected to experience the following: Average home values in the metro area are forecasted to see hikes of as much as 6%, mirroring national trends.