Is Atlanta, GA 30340 a buyer’s or seller’s market?
Atlanta is a buyer’s market. With about 6.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 33% of U.S. ZIP codes, and #138 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Atlanta housing market right now
In the three months ending August 31, 2026, 16% of homes in Atlanta, GA 30340 sold above their list price, the typical home went under contract in 32 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 32 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold faster (42 days then) and the median sale price fell 19% to $374,838. Overall, Atlanta is about as competitive as it was a year ago.
Within DeKalb County, homes here sell faster than in 81% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Atlanta ranks #138 of 371 GA ZIP codes with enough sales (score 35 out of 100).
Nearby, buyers who want less competition could look at Atlanta 30346 (0% sold over asking) or Pine Lake 30072 (0% sold over asking), while Avondale Estates 30002 (62% sold over asking) and Atlanta 30307 (33% sold over asking) are even more competitive.
Run the numbers for 30340
Nearby markets
Atlanta 30307Seller’s market $357 /sq ftAtlanta 30316Balanced $299 /sq ftAtlanta 30317Seller’s market $351 /sq ftAtlanta 30319Seller’s market $301 /sq ft Browse all markets →Towns like Atlanta nearby
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Questions about Atlanta real estate
Is Atlanta a buyer’s or seller’s market?
A buyer’s market: there were 6.3 months of supply in Atlanta, GA 30340 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Atlanta?
The typical home went under contract in 32 days in the latest three months.
Do homes in Atlanta sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Atlanta?
About 0.93% of a home’s value a year in DeKalb County, or roughly $3,720 on a $400,000 home.
What is the median home price in Atlanta?
The median sale price was $374,838 in the three months ending August 31, 2026, about $204 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology