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The sprawling former estate of filmmaker Tyler Perry in Chattahoochee Hills has changed hands for $2.45 million, a significant drop from its 2024 listing price of $3.9 million, according to Fulton County property records.
The 11,000-square-foot mansion, nestled on 24 acres along the Chattahoochee River, was once part of Perry’s expansive real estate portfolio in metro Atlanta.
Just Sold: Tyler Perry’s Former Home in Chattahoochee Hills

The property, which includes seven bedrooms, nine bathrooms, a pool, tennis court, and private dock, had been on the market for over a year before the sale closed last week.
Real estate sources say the price reduction reflected a cooling luxury market in the area, with high interest rates and limited buyer demand for ultra-high-end rural properties.
The estate, built in 2007, was marketed as a “serene riverfront retreat” with panoramic views and extensive landscaping.
Perry, known for his Madea franchise and ownership of Tyler Perry Studios in Atlanta, originally purchased the land in the early 2000s. He sold an adjacent 1,000-acre parcel in 2016 that later became the site of his film studio.
The buyer’s identity has not been disclosed, but the sale marks one of the largest residential transactions in Chattahoochee Hills this year.

Local realtors note that while metro Atlanta’s housing market remains strong overall, ultra-luxury properties outside the Perimeter continue to face longer selling times.
Perry also has a Douglas County compound; it’s an extension of Perry’s empire.
Proximity to his studios allows seamless integration of work and home life, while the vast grounds echo his commitment to community—Perry has donated millions to Atlanta seniors facing foreclosure and even built a home for a 93-year-old Gullah woman defending her ancestral land.
Beyond the Borders: Perry’s Broader Footprint
While metro Atlanta remains Perry’s anchor—tied to his studios and roots—his portfolio extends elsewhere.
He’s owned (and sold) high-profile pads in Los Angeles, including a $11.25 million Hollywood Hills modern sold in 2013, and a Wyoming ranch for rugged escapes.
Notably, his $18 million L.A. mansion briefly hosted Prince Harry and Meghan Markle in 2019 before their Montecito move.
Rumors persist of a Bahamas beach house, but Atlanta’s pull is strongest, where Perry’s homes symbolize resilience and reinvention.
As metro Atlanta’s luxury market navigates economic headwinds— with ultra-high-end sales lingering longer than ever—Perry’s properties continue to captivate.
They’re more than addresses; they’re chapters in a narrative of triumph, from New Orleans projects to Atlanta’s peaks. AtlantaFi.com will keep watch on the Douglas County estate’s grand reveal and any new twists in Perry’s real estate saga.
Final Word
If saving money is something you’re serious about, AtlantaFi.com has a lot of resources to help you.
Read more:
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A sprawling glass-themed Buckhead mansion that served as a high-octane backdrop in Will Smith’s blockbuster Bad Boys for Life is now up for sale, offering buyers a chance to own a piece of Hollywood glamour in the heart of Atlanta.
Listed at $5.25 million, the 6,995-square-foot estate boasts five bedrooms, 6.5 bathrooms, and a host of luxury amenities that blend opulent living with cinematic flair.
Atlanta is no stranger to celebrity homes, but this one is special.
Atlanta Mansion in Will Smith’s ‘Bad Boys for Life’ Hits the Market for $5.25M
The property, built in 2019, gained fame as the lavish home of Will Smith in the 2020 action-comedy sequel, where stars Smith and Martin Lawrence filmed explosive scenes amid its grand interiors and manicured grounds.

Key features include:
- A resort-style pool with waterfalls and a spa, surrounded by lush landscaping.
- A state-of-the-art home theater, gourmet chef’s kitchen, and wine cellar.
- An elevator serving all three levels, plus a four-car garage.
- Expansive outdoor entertaining spaces, including a covered terrace and fire pit.
The open-concept main level seamlessly connects living areas, featuring a full bar, game room, floor-to-ceiling fireplaces, and two guest suites with direct pool access. The private primary wing includes dual dressing rooms and an adjoining study.
Upstairs, two additional bedrooms provide ample space for family or guests.

The Design Galleria kitchen boasts custom Kingdom Woodworks cabinetry, Sub-Zero and Wolf appliances, a concealed walk-in pantry, and marble finishes with expansive views of the surrounding forest.
The mansion’s European-inspired architecture and high-end finishes made it a perfect fit for the film’s over-the-top villain lair, with production crews transforming parts of the property for chase sequences and showdowns.
Smith, who reprised his role as Detective Mike Lowrey, reportedly spent several days on-site during filming.
Located in one of Atlanta’s most exclusive enclaves, the home sits on nearly two acres and offers privacy behind gated entry while being minutes from top shopping, dining, and schools in Buckhead.

Architect Robert Tretsch III of Tretsch Architecture designed the estate, which David Adams of Adco Properties built as the official showhouse for the Atlanta Symphony Orchestra’s 75th anniversary.
Real estate experts note that celebrity-tied properties in Atlanta often command premium prices, especially with the city’s booming film industry – nicknamed “Hollywood of the South” – drawing major productions like the Bad Boys franchise.
For more details or to schedule a private viewing, contact Atlanta Fine Homes Sotheby’s International Realty. Photos and virtual tours are available on the listing at realtor.com.
Final Word
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city, especially in Buckhead, Atlanta’s priciest area. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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AtlantaFi.com – Your source for Buckhead real estate and entertainment updates.
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As Atlanta’s housing market heats up—with median home prices around $400,000 citywide but plenty of value spots for savvy buyers—focusing on neighborhoods that balance affordability, safety, growth potential, and lifestyle is key.
Atlanta’s Top Neighborhoods Based On Schools
Based on the latest data from trusted sources like Niche and U.S. News & World Report, we’ve curated the top 10 neighborhoods ideal for first-time buyers, families, and investors.
These picks emphasize up-and-coming areas with strong community vibes, access to the BeltLine, MARTA, and amenities, while keeping costs under the city average.
We prioritized spots with median prices under $500K, high safety ratings (safer than 50%+ of Atlanta neighborhoods), and features like parks, schools, and walkability.
Prices are medians as of October 2025 and can fluctuate—click our search links to explore current listings!
Neighborhood Median Home Price Why It’s Great for Buyers Key Amenities & Safety Search Listings Cabbagetown $244,000 Ultra-affordable entry into historic charm; perfect for young professionals seeking artsy, walkable vibes near Downtown without breaking the bank. High appreciation potential from BeltLine proximity. Safer than 78% of Atlanta; parks, theaters, local eats like Agave; community gardens. Search Cabbagetown Sylvan Hills $275,000 Budget-friendly suburban feel close to city action; ideal for first-timers wanting space and value in a revitalizing area with quick equity growth. Safer than 70%+; Perkerson Park trails, breweries at Lee + White; family events via neighborhood assoc. Search Sylvan Hills East Atlanta Village $320,000 Eclectic, diverse energy at accessible prices; great for creative buyers loving festivals and nightlife, with strong community support for long-term living. Safer than 65%; Brownwood Park, The Earl venue; East Atlanta Strut events. Search East Atlanta Kirkwood $350,000 Historic bungalows with modern perks; commuter-friendly for CDC/Emory workers, offering tree-lined streets and events that build instant community ties. Safer than 75%; Spring Fling Festival, protected forests; MARTA access. Search Kirkwood Reynoldstown $385,000 Trendy yet attainable mix of old and new; walkable to BeltLine for active lifestyles, with rising values making it a smart investment for urban enthusiasts. Safer than 60%; Eastside Trail, local shops/eateries; civic engagement hubs. Search Reynoldstown Grant Park $410,000 Classic Victorian gems near the zoo; family-focused with green space galore, appealing to buyers prioritizing schools and historic appeal over flash. Safer than 80%; Zoo Atlanta, Summer Shade Festival; walking trails. Search Grant Park West End $290,000 Cultural heritage at low costs; revitalized with BeltLine trails, drawing buyers who value diversity, local shops, and easy downtown commutes. Safer than 55%; Wren’s Nest museum, West End Park; development corp. initiatives. Search West End Underwood Hills $474,000 Friendly, tree-lined haven with parks; suits families/retirees seeking safety and convenience near Midtown, with solid resale potential. Safer than 66%; Underwood Hills Park tennis, The Works campus; block parties. Search Underwood Hills Midtown $378,000 Vibrant urban core for all-in-one living; condos and bungalows for young pros/LGBTQ+ buyers, with cultural hubs ensuring steady demand. Safer than 53%; Piedmont Park, Fox Theatre; MARTA Gold/Red lines. Search Midtown Candler Park $519,000 Ultra-safe, event-rich enclave; premium for families wanting top schools and green spaces, but worth it for the low-crime, high-community return. Safer than 97%; Candler Park pool/golf, Music Festival; Little Five Points access. Search Candler Park Pro Tip: Atlanta’s market favors buyers who act fast—interest rates are stabilizing, but inventory is tight in these hotspots. Factors like school ratings (e.g., A-grade in North Buckhead areas.
Not to mention that the area’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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Atlanta’s housing market continues to show signs of a buyer’s shift, with elevated pending home sale cancellations, rising inventory, and modest price growth, based on the latest available data as of October 2025.
Mortgage delinquency rates remain low nationally but are slightly higher in Atlanta compared to pre-pandemic levels.
’People Just Don’t Have the Money’
Kimberly Jordan, a loan officer at Regions Bank, told AtlantaFi.com that local job losses and a tightening economy have put many Atlanta homeowners in the red.
“People just don’t have the money,” Jordan said. “And if you can’t pay your mortgage — your most important bill — what does that say about your other bills?”
Another thing she’s seeing in Atlanta is that many pending home sales are falling through — buyers are pulling out.
When pressed for a reason why, she said: “It’s all about the money. Income.”
Below, I’ll break down key metrics relevant to the Atlanta homebuying trends and mortgage performance, from metrics compiled by Zillow, Redfin and Realtor.com.
Pending Home Purchase Cancellations
Atlanta has consistently ranked among the top U.S. metros for the highest share of pending sales falling through in 2025, driven by high prices, elevated mortgage rates (around 6.8% as of late summer), inspection issues, and buyer remorse in a more balanced market.
This is far higher than the national average of ~15% for recent months.
Month/Quarter Cancellation Rate Key Notes Source January 2025 19.8% Highest in the nation; up from 16.6% in Jan 2024. Redfin April 2025 20.0% Led all major metros; national rate was 14.3%. Redfin June 2025 19.6% Third-highest among 44 metros (behind Jacksonville and Las Vegas). Redfin July 2025 19.7% Fourth-highest; ~730 cancellations in metro area. Redfin August 2025 21.0% Highest among analyzed metros; 1,532 cancellations. National rate hit 15.1%. Redfin - Trend: Rates have hovered around 20% through mid-2025, up from ~14-16% in 2024. No full September/October data yet, but seasonal patterns suggest persistence into Q4.
- Reasons: Buyers are leveraging longer inspection periods (average days on market: 66-84) to negotiate repairs or walk away for better options amid 4.6 months of supply (June data).
Mortgage Delinquency Rates
Actual mortgage delinquencies (borrowers missing payments on existing loans) are low in Atlanta, reflecting strong home equity (median loan-to-value ~60%) and no widespread “walking away” from mortgages.
Rates are higher than the national average but well below 2008-2010 crisis levels (which exceeded 10%).
Period Overall Delinquency Rate (30+ days past due) Serious Delinquency Rate (90+ days) Key Notes Q1 2025 ~4.04% (national; Atlanta slightly higher at ~4.5%) ~2.0% (national) Up 6 bps from Q4 2024; Atlanta ranked 5th-highest nationally for serious delinquencies. April 2025 3.22% (national) 4.5% (Atlanta-specific for 90+ days) Up 1 bp from March; still below pre-pandemic norms. Q2 2025 3.93% (national) ~2.13% (GSE loans nationally) Down 11 bps from Q1; no Atlanta-specific Q2 breakdown, but trends stable. Q3 2025 (prelim) ~3.4% (national estimate) ~1.6% (serious national) Slight uptick expected; resilient due to job growth in tech/finance sectors. - Trend: Atlanta’s rates are ~0.5-1% above national averages, tied to affordability pressures from rising prices, but foreclosures remain at record lows (0.20% initiation rate in Q1).
- Context: No evidence of 15% defaults; strategic walkaways are negligible with positive equity.
This bar chart tracks overall delinquency rates (30+ days past due), showing Atlanta’s rates running ~0.5–1% above national figures but remaining low historically. The slight uptick in Q1 2025 reflects seasonal factors and local affordability pressures, with no signs of widespread defaults.
Broader Housing Market Stats (Latest as of August/September 2025)
- Median Home Sale Price: $400,000 (up 2.6% YoY as of August); Zillow typical value: $379,911 (down 2.3% YoY). Forecasts: +1.5-3% growth in 2025.
- Inventory: 20,582 active listings (June; +36.8% YoY); 9,122 for sale (July; +9.9% MoM). Months of supply: 4.6 (balanced market).
- Sales Volume: 5,277 closed (June; +8% YoY); 4,272 (October 2024 data, +4.1% YoY). Pending sales: Down 9% YoY in March.
- Days on Market: 66 days average (up from 55 in early 2024); hot homes pending in 27 days.
- Market Competitiveness: Somewhat competitive (Redfin score ~50/100); homes sell 2-3% below list; 13% sell above list (down YoY).
- Forecast for Q4 2025/2026: Sales up 6-11% nationally; Atlanta prices +3-4%; rates to 6.0-6.5% by year-end, boosting affordability.
Final Word
Atlanta’s market is transitioning to more buyer-friendly conditions, but strong in-migration (metro population ~6.4M, +4.7% since 2020) and job growth (266K in business/finance) support steady demand. For personalized advice, consult local realtors or recent MLS reports.
Atlanta has one of the best real estate markets in the country, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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Have you ever wondered who owns many of the parcels of land you pass by or utilize every day? Atlanta’s urban nature means “landownership” is often measured by total acreage across parcels, including campuses, parks, and developments.
In this article, we’ve compiled this list based on the most recent available data from property records, municipal reports, and market analyses.
Who Owns the Most Land in Atlanta?
Gone are the days when moguls controlled huge swaths of countryside of America. Public entities dominate due to large-scale holdings like airports and educational facilities.
Private ownership tends to focus on fragmented urban lots, with estimates derived from unit counts and average lot sizes (approx. 0.2 acres per single-family home).
Note: Exact figures can fluctuate with acquisitions or rezoning; these reflect October 2025 assessments. Acreage includes developed and undeveloped land under single-entity control.
Rank Landowner Type Estimated Total Acreage in Atlanta Key Holdings/Notes 1 City of Atlanta Public (Municipal) ~9,700 acres Includes Hartsfield-Jackson Atlanta International Airport (4,700 acres), city parks and green spaces (5,000 acres managed by Dept. of Parks & Recreation). Largest by far due to aviation and recreation infrastructure. 2 Emory University Private (Educational) 631 acres Main Atlanta campus in Druid Hills; includes academic buildings, research facilities, and green spaces. Titles held via Emory’s endowment trusts. 3 Atlanta Public Schools (APS) Public (Educational) ~1,090 acres 82+ school sites across elementary, middle, high, and specialty facilities; total from FY2023 district inventory (stable since 2022). Deeds primarily in Fulton/DeKalb Counties. 4 Georgia Institute of Technology (Georgia Tech) Public (Educational) 400 acres Midtown campus with academic, residential, and research parcels; expanding via recent acquisitions in Technology Square area. 5 Invitation Homes Private (Corporate/REIT) ~1,600 acres (est.) ~8,000 single-family homes in metro Atlanta; largest corporate residential landlord by unit count. Acreage estimated from average lot sizes; focused on suburban rentals. 6 Pretium Partners Private (Corporate/Investor) ~1,400 acres (est.) ~7,200 homes; second-largest institutional single-family owner, with heavy concentration in South Fulton and DeKalb. 7 Amherst Holdings Private (Corporate/Investor) ~800 acres (est.) ~4,000 homes; key player in post-foreclosure acquisitions, titles often under subsidiary LLCs. 8 Cousins Properties Private (REIT) ~500 acres (est.) Major office portfolio (e.g., 10M+ sq ft in Midtown/CBD); land under buildings/parking estimated from site footprints. Top office owner per 2022-2024 reports. 9 Prologis Private (REIT) ~450 acres (est.) Industrial/warehouse holdings in South Atlanta and airport vicinity; leads in logistics space (50M+ sq ft total). 10 Cortland Private (Multifamily Operator) ~400 acres (est.) 75,000 multifamily units nationally, with significant Atlanta portfolio (10,000 units); Atlanta-based HQ, focused on urban apartments. Acreage from community sites. Additional Insights
- Public vs. Private: Public entities control ~70% of Atlanta’s largest holdings, emphasizing infrastructure and education. Private owners like REITs dominate commercial/multifamily but hold smaller contiguous parcels.
- Trends in 2025: Recent mergers (e.g., Rayonier-PotlatchDeltic HQ relocation) boost corporate presence but focus on rural timber, not city land. Urban land scarcity drives vertical development over acreage growth.
- Data Sources: Derived from Fulton County deeds, APS facilities reports, university profiles, NMHC multifamily rankings, and Georgia State University studies on corporate rentals. atlantapublicschools.
- For specific deed searches or title verification, contact Fulton County Clerk of Superior Court or provide parcel IDs for detailed lookups.
Final Word
Landownership is still one of the main drivers of wealth in America — and Atlantans are on the short end of the stick.
Atlanta’s real estate has delivered consistent returns, with home and land values rising 7–9% annually over the past decade—far outpacing the national average. In 2025, metro counties like Fulton (45% appreciation) and Cherokee (38%) lead due to tech expansions and job influxes. This makes land a hedge against inflation, turning modest parcels into wealth-builders over time.
If you want to become a property owner, read our guide on how to buy land.
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Business / Real Estate5 Min Read
If you’ve been scrolling Zillow or peeking at open houses, you’ve likely noticed the headlines: home prices in Atlanta are indeed dropping. According to Redfin’s latest data for September 2025, the median sale price in the city dipped 5.1% year-over-year to $375,000, with homes taking an average of 76 days to sell.
This softening isn’t a crash, but a welcome shift toward balance after years of skyrocketing values. With inventory climbing and buyer power rising, the question on everyone’s mind is: Does this mean it’s time to jump in as a buyer, or pull back as a seller?
Let’s break it down.
The Current Atlanta Market: A Buyer’s Breeze Emerges
Atlanta’s housing scene has cooled considerably since the height of the seller’s market in 2021-2022.
Metro-wide, the median sales price for single-family homes and condos held steady at $450,000 in Q3 2025, showing 0% change from last year, per Sotheby’s International Realty.
But drill down to the city core, and you’ll see that 5%+ decline, signaling broader pressure on prices as more homes linger unsold. Key trends as of October 2025:
- Inventory Surge: Active listings in Metro Atlanta jumped 24% year-over-year to 15,700 properties by the end of Q3. marketupdates.sothebysrealty.com Nationally, new listings rose 4.1% in early October—the biggest bump in months—giving Atlanta buyers more options than they’ve had in years. redfin.com
- Slower Sales Pace: Closed sales totaled 11,100 units in Q3, down 2% from 2024, while days on market stretched to 47— a 42% increase. marketupdates.sothebysrealty.com In the city, that figure hits 76 days, meaning sellers are more open to negotiations.
- Months of Supply: Hitting around 4.6 months in mid-2025, we’re squarely in balanced territory—neither favoring frantic bidding wars nor leaving homes to rot. noradarealestate.com
Mortgage rates play a starring role here, hovering at 6.69% for a 30-year fixed as of early October.
That’s down from summer peaks but still above the sub-4% glory days. Add in Atlanta’s robust job growth in tech, film, and logistics, and you’ve got a market that’s thawing without boiling over.
Forecasts point to modest price growth of 1.5-4.9% through 2026, but only if rates ease further. In short: Prices are dropping (or at least plateauing), choices are multiplying, and fall—especially mid-October—is prime time for deals, with up to 15% more listings and less competition.
For Buyers: The Stars Are Aligning—But Act Smart
If you’re eyeing a bungalow in Inman Park or a townhome in Midtown, this dip is your green light. Here’s why now could be golden:
Pros for Buying Now Cons to Consider Lower Entry Prices: Save $20K+ on a median home compared to last year—enough for closing costs or upgrades. redfin.com Interest Rate Hurdles: At 6.69%, monthly payments on a $375K loan (20% down) run about $1,920—still a stretch for first-timers. Negotiation Leverage: With homes sitting longer, sellers are slashing prices (21% of Southwest listings cut in September) and throwing in concessions like repairs or rate buydowns. churchillmortgage.com Potential for Further Drops: If rates fall more in 2026, prices could soften another 1-2%—but waiting risks missing inventory. More Choices: 36% more homes hit the market mid-year, from affordable East Atlanta gems to luxury Buckhead condos. noradarealestate.com Qualifying Challenges: Rising incomes help, but only 24% of 2025 buys were first-timers—explore down payment assistance programs. My Advice: Buy if your finances are solid and you’ve got a 3-5 year horizon. Atlanta’s population boom (projected 1.8 million new residents by 2025) ensures long-term appreciation.
Get pre-approved, target motivated sellers (look for “price reduced” listings), and focus on neighborhoods like West Midtown or Decatur, where values hold strong. Mid-October’s “best week” (Oct 12-18) could net you even sweeter deals.
For Sellers: Patience Pays, But Don’t Drag Your Feet
Sellers, you’re not sidelined yet—Atlanta’s demand remains fueled by transplants and upsizers. But with inventory up and competition fiercer, strategy is key.
Pros for Selling Now Cons to Weigh Steady Demand: Sales may rise 9-13.5% in 2025, driven by job growth and suburban appeal. lamonteam.com +1 Cash buyers (26% of transactions) love turnkeys. Longer Market Time: 47+ days means staging, marketing, and showings stretch out—factor in carrying costs. Capture Equity Gains: Even with softening, prices are up 230-328K range long-term; lock in before any deeper dips. sageandgracere.com Price Pressure: Expect 5-10% cuts in hot spots; overpricing leads to expired listings (up metro-wide). Buyer Incentives: Offer closing help to close faster in this negotiation-heavy environment. Balanced Shift: No more multiple offers—price realistically to avoid stagnation. My Advice: Sell if you’re relocating, downsizing, or cashing out (hello, empty nesters at age 63 average).
Price at or below comps, invest in curb appeal, and list in fall for serious buyers avoiding holiday chaos. Neighborhoods like East Cobb or Alpharetta still move quickly despite the cool-down.
Final Thoughts: The Time Is Now—For the Right Move
Atlanta’s dropping prices aren’t a red flag; they’re a recalibration, creating a fairer market for all. Buyers, this is your moment to snag value in a city that’s only growing hotter. Sellers, leverage your equity before the pendulum swings back.
Whichever side you’re on, consult a local pro (hint: that’s me) to tailor a plan—rates could dip more, but opportunities won’t wait.
Whether you’re dreaming of a BeltLine loft or selling your Sandy Springs starter, Atlanta real estate rewards the prepared. Let’s chat; your next chapter starts here. What’s your move?
Given how much homes cost in Atlanta, if you’re an investor, this may be a great time to buy. On the other hand, if you’re selling a home, you may get less than you anticipated.
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Paula Swinson of Atlanta says that her two-bedroom apartment is not that bad, considering what she paid in New Jersey over the past 10 years. The Atlanta tech industry worker is thankful that rents seem to have settled down after skyrocketing over recent years. Her sentiments are right on the money.
Rental affordability in Atlanta is at its best in four years, offering prospective renters a welcome breather on new leases.
Rent Affordability in Atlanta More Attainable, Says New Study
Modest rent growth and unprecedented concessions from landlords are emerging as a wave of newly constructed apartments floods the market following last year’s building boom, per the latest rental market report from Zillow.
Developers in Atlanta and across the South capitalized on pandemic-era housing demand, completing more multifamily units in 2024 than in any year over the past half-century. With fewer zoning hurdles in the region, Southern builders—including those in metro Atlanta—ramped up supply swiftly and effectively, fostering areas of relative affordability amid national pressures.”
Top Markets for Rent Affordability
Rent affordability improved over the past year in 38 of the 50 largest U.S. metros, and renters in Denver, Austin, Miami, San Antonio and Phoenix were the biggest beneficiaries. Here are the stats, according to Zillow.
Metro Area* Zillow
Observed
Rent Index
(ZORI)ZORI
Year
over
Year
(YoY)ZORI as
Share of
Median
Family
IncomeZORI as
Share of
Median
Family
Income in
Sept. 2024Share of
Rentals with
a ConcessionZORI
Multi-
family
YoYZORI
Single-
Family
YoYUnited States $1,979 2.3 % 28.4 % 28.8 % 37.3 % 1.7 % 3.2 % New York, NY $3,512 5.2 % 40.6 % 40.0 % 18.2 % 5.3 % 4.1 % Los Angeles, CA $2,954 2.4 % 35.5 % 35.9 % 27.6 % 1.6 % 3.9 % Chicago, IL $2,113 6.0 % 26.8 % 26.2 % 22.6 % 6.0 % 5.5 % Dallas, TX $1,706 0.1 % 21.8 % 22.5 % 58.9 % -0.6 % 0.9 % Houston, TX $1,675 0.5 % 23.4 % 24.2 % 47.9 % -0.1 % 1.4 % Washington, DC $2,414 1.4 % 22.0 % 22.5 % 53.4 % 0.3 % 3.6 % Philadelphia, PA $1,881 3.7 % 24.2 % 24.2 % 30.4 % 3.1 % 4.2 % Miami, FL $2,679 0.8 % 38.6 % 39.7 % 25.3 % 1.5 % 1.0 % Atlanta, GA $1,882 2.5 % 24.1 % 24.3 % 55.9 % 1.4 % 3.8 % Boston, MA $2,965 2.9 % 29.7 % 29.9 % 31.0 % 2.7 % 4.1 % Markets that built more—and faster—like Atlanta—are reaping the rewards, with more renters now able to secure apartments without stretching their budgets,” said Orphe Divounguy, senior economist at Zillow. “This underscores how easing supply constraints through smart policy can rein in housing costs when demand runs hot.”
In Atlanta, Rents Finally Cool Off
In Atlanta, the Zillow Observed Rent Index (ZORI) rose just 2.5% year-over-year in September—well below the peaks of recent years and a sign of cooling momentum.
Multifamily rents, the focus for many urban renters, grew even more modestly at 1.4% annually, while single-family rents ticked up 3.8%.
A softening job market nationally is also tempering growth: Fewer new hires mean less residential churn, keeping tenants in place longer.
Zillow’s updated rent dashboard highlights Atlanta’s position in the Sun Belt, where supply outpaces demand in spots, though the city hasn’t seen outright declines like some peers.
Year-over-year apartment rents are dropping sharpest in Austin (-4.7%), Denver (-3.4%), San Antonio (-2.3%), Phoenix (-2.2%), and Orlando (-0.8%).
Meanwhile, hotter growth persists in tightly regulated or high-demand zones outside the South, such as Chicago (6%), San Francisco (5.6%), New York (5.3%), Providence, Rhode Island (4.8%), and Cleveland (4.2%).Even single-family rentals in Atlanta—which have outpaced apartments in growth lately—are hitting softer winds.
The city’s 3.8% September increase marks a slowdown from prior years, aligning with the smallest national annual uptick (3.2%) in Zillow data dating back to 2016.Concessions Hit New Highs for Atlanta RentersLandlords here have leaned heavily into perks like waived rent months or complimentary parking rather than slashing base prices.
Now, a record 55.9% of Atlanta listings on Zillow dangle some incentive—up dramatically from 14.4% in 2019 and far exceeding the national September high of 37.3%.These giveaways are poised to climb further, often peaking in the off-season winter and early spring.
As they proliferate, managers might pivot to outright reductions, especially with holiday slowdowns looming. Renter competition typically dips in cooler months, giving leverage to those hunting for deals in neighborhoods like Midtown or Buckhead.
Final Word
Affordability Gains Ground in the Peach State CapitalTamer growth—and pockets of stability—in Atlanta’s rental scene is boosting affordability citywide to levels unseen in four years.
A typical apartment now claims just 24.1% of the area’s median household income, a slight dip from 24.3% last September and comfortably under the 30% “burden” line.
That’s a brighter picture than the national 28.4% ratio, thanks in part to the South’s aggressive building response. For Atlanta families eyeing moves to suburbs like Decatur or Roswell, this supply-driven ease signals a renter’s market taking shape.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
See The Latest Atlanta Real Estate News At AtlantaFi.com.
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After you’ve saved up enough money to buy some real estate, it’s time to look high and low for cheap homes for sale in Atlanta, Georgia. In and around Georgia’s largest city, there are plenty of deals for the prospective homeowner or investor.
It happens to be a good time to buy homes these days because the market continues to be red hot. In this article, we’ll show you some of the best cheap homes for sale in Atlanta.
Best Cheap Homes for Sale in Atlanta
Below is a curated table of 15 currently available homes under $300,000, based on the latest market data. Prices and availability can change quickly, so click the links to view full details and contact agents.
Address Price Beds Baths Sqft Link 1065 United Ave SE Unit 202, Atlanta, GA 30316 $275,000 1 1 N/A View Listing 4732 Carson Pass SW, Atlanta, GA 30331 $200,000 4 1.5 1,269 View Listing 805 Peachtree St NE Unit 214, Atlanta, GA 30308 $300,000 1 1 990 View Listing 855 Peachtree St NE Unit 2004, Atlanta, GA 30308 $289,850 1 1 702 View Listing 106 Brighton Point, Atlanta, GA 30328 $299,000 3 2 N/A View Listing 190 Judy Ln SW, Atlanta, GA 30315 $250,000 3 2 1,176 View Listing 1227 Kenilworth Dr SW, Atlanta, GA 30310 $295,000 3 2 1,280 View Listing 215 Piedmont Ave NE Unit 1406, Atlanta, GA 30308 $245,000 2 2 1,256 View Listing 3999 Bayside Cir, Atlanta, GA 30340 $235,000 1 1.5 1,584 View Listing 1381 Benteen Way SE, Atlanta, GA 30315 $269,000 3 1 912 View Listing 1468 Briarwood Rd NE Unit 2003, Atlanta, GA 30319 $300,000 2 2.5 1,290 View Listing 5300 Peachtree Rd Unit 3601, Atlanta, GA 30341 $210,000 1 1 627 View Listing 400 17th St NW Unit 1133, Atlanta, GA 30363 $205,000 1 1 884 View Listing 5780 Bearing Way, Atlanta, GA 30349 $240,000 2 1.5 N/A View Listing 3563 Bolfair Dr NW, Atlanta, GA 30331 $215,000 4 2 1,075 View Listing Data sourced from Homes.com as of October 18, 2025.
Ready to find your dream home? Search more on our site or get in touch with a local agent!
One of the best ways to find cheap homes is to look at vacant homes in your area.
How To Find Abandoned Homes For Cheap
The first thing you need to do to identify cheap homes that are abandoned is to:
1. Search for Properties
Take a ride in older neighborhoods in your city to see if you can find homes that are empty. Once you find a vacant property, here’s what you should do:
2. Look It Up On The Tax Assessor’s Website
Depending on where you live, your city clerk’s office or tax assessor’s website will have a search feature that allows you to look up property owners in the vicinity.
If you live in Fulton County, the tax assessor’s website is fultonassessor.org.
Once you locate the name of the homeowner, you can give them a call and see if they are willing to sell.
3. Tap Into Your Network
Ask your friends, family members and church members if they know someone who has a home to sell. Oftentimes, the people you know have inside information on cheap homes for sale.
Plenty of online sites have homes for sale, including Zillow, RedFin and Trulia. We’ve searched these sites to bring you some of the cheapest homes you’ll find in Atlanta.
Bottom Line
If you can’t find a home that fits your budget or style, don’t give up. Oftentimes, you have to wait a while before the right home becomes available. Don’t look now but Atlanta home prices have fallen of late, but that doesn’t mean the local real estate market is still not one of the hottest in the nation. Cheap homes can still be had in Georgia’s largest city.
Due to the weather, the warmer months are the perfect time to go home-shopping. And if you’re interested in renting, here are some cheap Atlanta apartments.
Atlanta is enjoying one of the best real estate markets in America, with affordable housing in every quadrant of the city. Large backyards, manicured parcels and strong neighborhoods with ample dining amenities make it one of the top places for transplants.
Not to mention that the city’s dining scene is the best in the Southeast. Looking for a home? Check out our Real Estate Resource Page.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.
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The cost of land has increased dramatically over the past several years, no matter if it’s in Atlanta or across Georgia.
If you’re in the market for some Georgia land, you’re making a wise decision. Real estate prices in rural areas are going up, but are still affordable.
With real estate prices continuing to increase, now’s a good time to buy property. Are you uncertain about the process of buying land in Georgia? Read on….
How Do I Buy Land In Georgia?
In this article, we’ll show you step by step how to buy a plot of land in Georgia.
My family owns several plots of real estate around metro Atlanta and because I’m constantly looking for real estate, I’ve also researched the process thoroughly.
Land prices vary wildly. In rural areas like South Georgia, you might find acres for $2,000-$5,000 each. Near Atlanta or Savannah, expect $10,000-$50,000+ per acre, depending on development potential. Factor in taxes, closing costs, and any financing fees.
First things first, you need to get pre-approved for a loan.
1. Get Pre-Approved
Getting pre-approved for a loan to buy land is exactly like getting pre-approved for a mortgage. The reason why this initial step is so important is because Realtors will have an incentive to work with and for you.
Once you’re pre-qualified for a loan, the real estate professionals you’re dealing with will take you more seriously because they want your business.
If you apply and are not approved, take these steps to improve your credit fast.
2. Search For Land
It’s time to begin your search for affordable land for sale.
In a large metropolitan area like Atlanta, parcels of land sell at a premium. If you want several acres, you’ll have to expand your search to cities about an hour’s drive from downtown Atlanta.
How Much Does An Acre Of Land Cost In Georgia?
The price of an acre of land in Georgia depends on where it’s located and whether it is improved or unimproved.Last year, the average price per acre in Georgia increased by 11% to $4,550 per acre. Irrigated land averaged $4,060 per acre while the value of non-irrigated land dropped 5% to $3,010 per acre.
If you’re looking for farmland or just some acreage, if you don’t know a Realtor, then you can begin your search online.
Some websites you can look for parcels of land on are:Know The Zoning Laws
Once you’ve found a piece of land you like, familiarize yourself with the local zoning laws.Some areas won’t let you build wooden structures. Other areas won’t let you build with stone. Others won’t allow livestock. Research what’s allowed where you want to live.The typical zoning regulations govern such things as:- Building specifications of the type of buildings allowed.
- Where utility lines must be located.
- Restrictions on accessory buildings, building setbacks from the streets and other boundaries.
- Size and height of buildings.
- Number of rooms in a structure.
In addition to knowing what type of structures are allowed to be built, you’ll need to know land use rules as well.Here are some common land-use zones that could apply to the area you’re interested in:- Agricultural Zoning
- Commercial Zoning
- Combination Zoning
- Historic Zoning
- Industrial Zoning
- Residential Zoning
- Rural Zoning
You may be saying to yourself, “How do I find out about zoning laws?”The best place to start is with the locality’s department of city planning, or similar office. They’ll tell you all you need to know about the zoning laws in that area.3. Compare Your Land Choices

Photo credit: Observer.globe.gov Once you’ve done all your zoning research, it’s time to whittle down your list of land parcels you like and choose one.
Some things you may want to consider are:
- Access: How far is the property from the interstate or major highway?
- Privacy: How close are you to the neighbors and nearby noise?
- Terrain: Are there hundreds of trees, woods or just undeveloped land, dirt or grass?
- Irrigation: Is there a water source nearby? A lake or creek that runs through the property?
All of these things may increase or decrease the value of the land depending on your intentions for it.
In any event, once you’ve made your decision to buy the land, it’s time to put it in writing.4. Make An Offer On The Land
To make a formal offer on a piece of land you’ll need a real estate agent’s Bid Offer form. You can find samples of a Bid Offer form online.
When making an offer, you don’t want to go too high in price. Let your offer be based not on the property’s asking price, but on the amount you’ve been pre-approved for.
Should You Offer Over The Asking Price?
If you offer over the asking price, you’ll have to go back to your lender to make sure you can get financing to cover it.
You’ll also want to know if the appraisal of the land justifies the asking price.
If you make an offer too low, it may not attract the seller because they may get higher offers from others looking to buy the property.
Bottom line: Your offer will have to be higher than the others if you want the land.
Let’s say the seller accepts your offer. What now?5. Sign The Land Sale Contract And Purchase Agreement
Once the offer is accepted, the buyer and seller typically sign a Land Sale Contract / Purchase Agreement.
This is a legal document that solidifies the intentions of both parties to make a real estate transaction.
Here are some terms typically found in a Land Sale Contract / Purchase Agreement:- Price
- Property size, boundaries and description
- Title
- Seller disclosures
Typically, the buyer’s agent will have the purchase agreement written up by a practicing real estate attorney.
The Land Sale and Purchase Agreement becomes binding when all signatures have been obtained.
6. Prepare For Closing
Unlike a home closing, when you’re buying land you don’t have to worry about such things as an inspection and making some demands for last-minute repairs and replacements.
As a buyer, you will typically be expected to provide for anywhere between 2% to 5% of the closing costs. However, depending on other concessions you make, it’s possible that you may not pay any money at all at closing.
One thing you don’t want to skip is a soil test. A soil test also indicates which elements are missing from your soil and how much to add them if you plan on growing fruits, vegetables and other crops.
A soil test will also tell you:
- The pH level in the soil.
- What nutrients and minerals are in the soil such as nitrogen and phosphorus.
You can buy a soil kit from various retailers such as Lowes and Home Depot. You can also order a soil test kit online. Here’s a comprehensive one that I like:
Once you sign all the appropriate documents at closing, the land will be yours! Some real estate lawyers may break out a bottle of Champagne to celebrate, but that’s optional:)
Final Words
Buying a piece of land is a great investment and something that can stay in your family for generations. If you do it right — following all the steps from zoning laws and getting a soil test, etc. — it can be a smooth process.
Because of the many parts involved in buying land, it’s highly advisable that you use the services of a professional real estate agent. A Realtor can walk you through the land-buying process more easily. Also, many of them have the professionals you need already in their network.
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As Atlanta’s real estate market heats up with a projected 3.2% rise in home prices and a 13.5% increase in sales volume this year, the industry is buzzing with opportunity. Mortgage rates are dipping to around 5.2%, drawing more buyers into the fold and signaling a more balanced market ahead.
But for those eyeing a career in real estate without the hustle of sales commissions or the need for a realtor license, the options are plentiful and diverse.
Beyond the Badge: These Real Estate Jobs Pay Well
From behind-the-scenes analytical roles to creative gigs that shape how properties shine, Atlanta’s booming sector offers paths that leverage market growth without the real estate agent’s spotlight.
With over 900 real estate-related jobs posted locally on platforms like Indeed, the demand spans far beyond traditional brokerage.
Whether you’re drawn to numbers, design, or operations, these roles tap into Atlanta’s expansion as a tech and logistics hub, where new developments in areas like Alpharetta and Midtown are creating waves of need.
Here are seven standout careers to consider:
1. Property Manager: Keeping the Portfolio Humming
Overseeing residential or commercial properties is a cornerstone of real estate operations, involving tenant relations, maintenance coordination, and financial reporting.
In Atlanta’s rental market, where average rents are set to grow 1.9% by year’s end, property managers are in high demand to handle the influx of young professionals and families flocking to affordable suburbs.
No license required, though certifications like the Certified Property Manager (CPM) can boost prospects. Entry-level salaries hover around $50,000, with experienced pros earning up to $80,000 annually.
2. Real Estate Appraiser: The Value Detective
Appraisers assess property worth for sales, loans, or taxes using market data and inspections – a detail-oriented role perfect for analytical minds.
Atlanta’s diverse neighborhoods, from historic Inman Park to burgeoning Westside developments, provide endless variety.
Licensing varies by state but often requires coursework rather than a full realtor exam. With the city’s steady appreciation, appraisers command $60,000–$100,000, making it a stable entry into the field.
3. Home Inspector: The Property’s First Line of Defense
Inspectors scrutinize homes for structural issues, safety hazards, and code compliance before closings, offering peace of mind to buyers in Atlanta’s fast-paced market.
As sales ramp up, so does the need for thorough checks on everything from Victorian renovations in Grant Park to new builds in East Point. Certification through organizations like the International Association of Certified Home Inspectors is key, and no sales license is needed.
Pay ranges from $55,000 for starters to $90,000 for veterans, often with flexible scheduling.
4. Real Estate Photographer: Capturing Curb Appeal
In a digital age, stunning visuals sell properties faster – and Atlanta’s vibrant listings need pros who can highlight Buckhead luxury or Ponce City Market lofts under the golden hour.
This creative role involves shooting high-res photos and virtual tours, requiring photography skills over any real estate credential. With remote work options, it’s ideal for freelancers.
Local gigs pay $40,000–$70,000, with top shooters pulling in more through volume.
5. Title Examiner: Unraveling Property Histories
Title examiners review public records to ensure clear ownership chains, flagging liens or disputes before transactions close. As Atlanta’s market matures with more flips and investments, this meticulous job prevents costly snags.
A background in legal research helps, but no license is mandatory. Salaries average $50,000–$75,000, with steady demand from title companies downtown.
6. Real Estate Staging Specialist: Transforming Spaces
Stagers furnish and decorate empty homes to appeal to buyers, boosting sale prices by up to 20% in competitive spots like Atlanta’s intown condos.
Blending interior design with market savvy, this artistic career thrives on trends like sustainable decor for eco-conscious millennials.
Certification from the Real Estate Staging Association adds credibility. Earnings vary from $45,000 salaried to $100,000+ for independents charging per project.
7. Development Coordinator: Building Atlanta’s Future
For big-picture thinkers, coordinating real estate development involves permitting, budgeting, and stakeholder management for new projects.
Atlanta’s growth as a film and tech epicenter fuels mega-developments like the BeltLine expansions. A degree in urban planning or business helps, but hands-on experience trumps licenses. Mid-level roles fetch $70,000–$120,000, with room to climb in a city reshaping its skyline.
These roles not only sidestep the variability of agent commissions but also offer work-life balance and direct ties to Atlanta’s economic pulse – from job growth in high-income sectors to a vacancy rate stabilizing around 27% in office spaces.
Final Word
As the market evolves, professionals in these positions will be pivotal in sustaining momentum.Ready to stake your claim?
Atlanta Job Hub lists hundreds of openings in these and more real estate-adjacent fields. Browse our site today, upload your resume, and connect with recruiters shaping the Peach State’s property landscape. Your next chapter in real estate awaits – no license required.