Atlanta Home Values Rise 7% in the Past Year
If you own a home in Atlanta, you've got reason to celebrate - home prices in the metro area rose an impressive 7% over the last year according to the latest data. This substantial increase may come as a surprise to some, given the headwinds of rising interest rates. However, it's just further evidence of the enduring strength of the Atlanta real estate market.
Of course, with a metro area as vast and diverse as Atlanta, that 7% average increase masks a good deal of neighborhood-level variation. Some local housing markets likely saw even larger gains, while others lagged behind. That's why it's so valuable to get hyper-local with your home value estimates.
At the Justin Landis Group, we make it easy to know your home’s worth with our online home valuation tool. In just 60 seconds, you can enter some basic property details and get an up-to-date estimate of what your specific home is worth on today's market.
While a 7% metro-wide increase is impressive, some neighborhoods may have blown past that number based on high buyer demand and limited inventory. Others with shifting demographics or economic factors could have seen more muted growth. The only way to know for sure is to check your own property.
Check out all of our features on our website to get an accurate read on your biggest investment. For more information on selling your home for maximum profit, reach out to the Justin Landis Group today.
Tune in for weekly valuable insights and practical tips with Justin and Kristin on Atlanta’s Q99.7. This insightful discussion was brought to you by a paid partnership with Kristin from The Bert Show on Atlanta’s Q99.7.
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