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Atlanta is riding the wave of a robust U.S. apartment construction boom in 2025, contributing significantly to the estimated 506,353 new apartment units expected to open nationwide by year’s end.
While this figure falls short of last year’s record-breaking numbers, it remains well above the annual averages seen since 2015, underscoring the sustained demand for rental housing across the country—and Atlanta is at the heart of this trend in the South.
Atlanta Among Top Cities for Apartment Growth
The South, driven by its status as a “migration magnet,” accounts for more than half of the nation’s new apartment developments this year.
Atlanta, with its thriving economy and growing population, is a standout in this regional surge, alongside major Texas metros like Dallas, Austin, and Houston.
The city’s appeal lies in its business-friendly environment, relative affordability, and less restrictive zoning laws, which have fueled a construction boom in contrast to the more regulated coastal markets.
“Atlanta continues to attract developers and residents alike, thanks to its dynamic job market and economic growth,” said Doug Ressler, senior analyst at Yardi Matrix. “The South’s favorable conditions, including those in Atlanta, make it a hotspot for new apartment projects, meeting the needs of a growing population drawn to the region’s opportunities.”
Top 10 Cities for Apartment Growth in 2025
Rank City/Metro Area New Apartment Units (2025) Key Notes 1 Dallas, TX ~30,000 (est.) Leading the South with strong job growth and high demand. 2 Austin, TX ~25,600 (est.) High construction activity, but softening rents due to supply surge. 3 New York City, NY ~20,000 (est.) Major urban market with consistent high-rise development. 4 Phoenix, AZ ~18,000 (est.) Sun Belt growth driven by affordability and population influx. 5 Atlanta, GA 17,512 Metro Atlanta ranks fifth nationally, with 6,359 units in the city core (Queen City). Fueled by tech, manufacturing, and infrastructure. 6 Miami, FL ~15,000 (est.) Strong rental demand and urban development focus. 7 Houston, TX ~14,000 (est.) Robust multifamily construction in suburban and exurban areas. 8 Charlotte, NC ~12,000 (est.) Growing as a financial hub with increasing renter interest. 9 Denver, CO ~10,000 (est.) High construction but softening rents due to oversupply. 10 Raleigh, NC ~9,000 (est.) Emerging Sun Belt market with strong job and population growth. Metro Atlanta is projected to complete 17,512 new apartment units in 2025, making it the fifth-busiest market nationally.
While New York leads the nation in total apartment deliveries, edging out Dallas by just over 1,000 units, Atlanta’s contributions are helping solidify the South’s dominance in the 2025 apartment construction landscape.
The city’s growth mirrors that of Austin, which has emerged as a national leader at the city level, while other Southern markets like Naples, FL, have seen their apartment completions nearly quadruple in a single year.
Final Word
As Atlanta continues to expand its rental housing stock, the city is well-positioned to accommodate its influx of new residents, driven by job opportunities and a vibrant urban lifestyle.
With the South leading the charge in the nation’s apartment construction boom, Atlanta’s role as a key player in this trend is undeniable, shaping the future of housing in the region for years to come.
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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Renting an apartment in Atlanta, Georgia, can be an expensive endeavor if you don’t have a strategy in mind.
After all, owning a home is just a dream for many people. If you’re interested in renting an apartment or home, you need to know how to do it and keep your shirt on. Otherwise, you could give away some key concessions to your landlord.
In this article, we’re going to go over how you can rent an apartment in the city. There are some affordable options to choose from.
Here’s How To Rent An Apartment In Atlanta
If you want to rent an apartment in Atlanta and don’t know where to start, here are the steps:
1. Shop Around
First thing you need to do before you rent an apartment in Atlanta is find one. To do that, you can use a number of online services to help find an apartment in Atlanta:
If you don’t already know, apartments on the northside, in places like Buckhead, Sandy Springs, Dunwoody, Roswell and Alpharetta are more expensive.
Midtown Atlanta apartments have gone up in price dramatically over the last few years as well. The most affordable apartments will be a short distance from downtown in either east Atlanta or the westside next to West Midtown.
Once you make a list of Atlanta apartments you want to check out from one of the services above, you can begin to make appointments to visit.
You’ll want to pay special attention to the amenities that each apartment offers. You may put a big emphasis on on-site laundry facilities, a pool, a courtyard, lounge and other things.
2. Have Your Finances in Order
Before you begin to schedule visits, you need to have your financials in order. Landlords don’t just let you move in, you’ll need a credit check. The idea behind this is that you have to show income stability.
Get a free credit report at annualcreditreport.com, the only authorized website for free credit reports from the three major credit bureaus Equifax, Experian and TransUnion.
When you get the credit reports, go over them with a finetooth comb to make sure they’re accurate.
If you see a discrepancy on your credit report, here’s how to dispute it:
https://atlantafi.com/how-to-dispute-your-credit-score-really-easily/
Not only will you need to have your first and last month’s rent in your account (as we’ll get into), but you’ll need to have more money on hand for some incidentals.
3. Visit The Apartment
When you visit the apartment, make sure you the age of the building and style is to your liking. Feel the walls so that you can gauge whether they’re thin and well built.
Look out for loud neighbors and other things that may affect your ability to have a good night’s rest.
If you like what you see, make an offer.
4. Negotiate Your Rent
You don’t have to accept what the landlord offers. See if you can negotiate. If you sign a two-year lease rather than one year, you may be able to get a better deal. You won’t know what’s capable until you ask.
If the leasing agent can’t make any concessions, see if you can get the hookup on parking or a one-month discount in lieu of a move-in special.
Here are some methods on negotiating your rent.
5. Sign The Dotted Line
When you sign the lease, you may need to have a list of references. These should be people you’ve contacted ahead of time who will have only good things to say about you.
Their input will be what decides your worthiness.
Before you sign your lease, you need to know what to expect as far as charges and fees. Here are some of the charges you may be asked to pay:
- Rental application fee
- Security deposit
- Last month’s rent
- Move-in fee or finders fee
Depending on where you rent your place and your specific circumstances, you may also be asked to pay a pet fee or even parking space fee.
Before you sign an apartment lease, read this.
Once you pay what you owe, your landlord or leasing agent will hand over the keys to your new apartment. Remember to keep it down and always be considerate of your neighbors.
What if you have bad credit?
How To Rent An Apartment With Bad Credit
The first thing you need to do is look for apartments that don’t do credit checks on potential tenants.
You’re also going to want to entice the landlord by offering to pay more upfront or even every month.
So, to recap, if you have bad credit, the way to rent an apartment is:
- Find apartments with no credit checks
- Offer to pay more upfront
Atlanta is a great place to live.
Up next: The best Airbnbs in Atlanta
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.
Keep up with what’s going on in Atlanta’s real estate scene here with our Apartment Guide.More Articles From AtlantaFi:
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Though home sales have slightly declined recently, metro area home values remain steady, per recent real estate data.
You may be curious to know how much an average Atlanta home costs in the current real estate market.
What Is The Average Price Of A Home In Atlanta?
According to recent figures from Zillow, the average value of a home in Atlanta is $396,813, which is down more than 4.6% compared to last year. Obviously, the state’s capital city would have the highest home values.
The average home in Atlanta consists of:
- 3 bedrooms, 2 bathrooms
- A one-quarter acre lot
- Central air and heating unit
In Georgia, the average home value is about $301,978, according to Zillow. The Peach State has experienced about a 23.7% increase in home values over the last 18 months.
Are Home Prices Dropping In Atlanta?
In Atlanta, home prices are starting to cool after a string of months that saw gains across all types of units. Even the cost of land is high in Georgia now.
Here are the average home prices across the top 10 metro areas, according to Realtor.com’s latest calculations.
April 2024 Housing Overview of the 50 Largest Metros
Metro Area Active Listing
Count YoYNew Listing
Count YoYMedian Days
on MarketMedian Days
on Market Y-Y
(Days)Price–
Reduced
SharePrice-
Reduced
Share Y-Y
(Percentage
Points)Atlanta-Sandy Springs-Alpharetta, Ga. 42.7 % 27.4 % 39 -4 17.7 % 6.1 pp Austin-Round Rock-Georgetown, Texas 23.6 % 36.1 % 42 -3 24.7 % -2.5 pp Baltimore-Columbia-Towson, Md. 15.3 % 3.8 % 36 -1 12.0 % 2.6 pp Birmingham-Hoover, Ala. 36.5 % 23.6 % 46 1 14.9 % 2.6 pp Boston-Cambridge-Newton, Mass.-N.H. 7.5 % 4.5 % 24 -1 10.4 % 1.2 pp Buffalo-Cheektowaga, N.Y. 5.1 % 3.4 % 34 -6 5.3 % -0.3 pp Charlotte-Concord-Gastonia, N.C.-S.C. 31.9 % 20.3 % 37 -2 16.9 % 5.7 pp Chicago-Naperville-Elgin, Ill.-Ind.-Wis. 0.1 % 7.4 % 34 -4 8.5 % 0.2 pp Cincinnati, Ohio-Ky.-Ind. 23.2 % 9.4 % 32 1 10.7 % 3.3 pp Cleveland-Elyria, Ohio -2.4 % 3.4 % 39 -3 11.1 % 1.7 pp 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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Porsha Williams, star of Real Housewives of Atlanta, has listed her Duluth, Georgia home for $1.85 million, where her mother currently lives.
Williams, navigating a divorce from businessman Simon Guobadia, cited financial protection as the motive, stating, “I’m not gonna let a foreclosure notice come to my house and I can’t pay it.”
Selling the property is crucial for her to qualify for a mortgage on the marital home post-divorce. Although her other home is where she films at.
Porsha has said that her divorce has really affected her emotionally.
“My divorce from Simon, I haven’t dealt with the emotional part yet. I’ve had to deal with logistics. It’s really weird. It feels really cold,” was quoted as saying.
“The hardest part is that we are in this place and that we are not friends and we don’t speak. And I don’t know if we’ll ever hold space again together. I really hate that,” she told one publication.
The 6,166-square-foot estate, built in 2004, boasts five bedrooms, 5½ bathrooms, and sits on a 0.77-acre lot.
It features high ceilings, a gourmet kitchen, premium finishes, and a three-car garage. Priced at approximately $300 per square foot with a $246 monthly HOA fee, the home has been on the market for over three weeks.
Porsha Williams’ Duluth Home for Sale: Details
Based on the provided information, Porsha Williams’ Duluth, Georgia home, listed for $1.85 million, includes the following amenities:
- Size: Approximately 6,166 square feet
- Bedrooms: 5
- Bathrooms: 5½
- Lot Size: 0.77 acres
- Year Built: 2004
- Features:
- High ceilings
- Gourmet kitchen
- Upscale finishes
- Three-car garage
- HOA Fee: $246 monthly
View an online gallery of the home.
Final Word
“So even though divorce is a horrible thing, it’s like a death in the family, it was something that was right for me to do and something that was right for him as well,” Porsha said.
Given her ability to bounce back, we think Porsha’s going to be alright.
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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While being a necessity, paying property taxes can be a burden on the oldest citizens among us. A new initiative from the City of Atlanta and Invest Atlanta makes it easier for residents to pay their property taxes.
The City of Atlanta and Invest Atlanta have launched an anti-displacement tax relief fund program for older residents. The program is funded by $10 million from the Centennial Yards Housing Trust Fund.
How To Quality for Atlanta’s Tax Relief Fund Program
For qualified applicants, the tax relief program will pay an increase in taxes above the homeowner’s base taxes, for 20 years. All they have to do is continue to qualify for the program.
To be eligible, an applicant must meet the following criteria:
- Be a City of Atlanta homeowner since 2015;
- Be aged 60 or older;
- Have proof of ownership;
- Have a household income of 60% AMI or below;
- Be actively enrolled in qualifying homestead exemption programs; and
- Go to https://fultonassessor.org/exemption to apply.
How Long Is the Anti-Displacement Program Open?
The Atlanta Anti-Displacement Program is open through May 31, 2025.
Apply to the tax relief program here.
Displacement among elderly Americans is driven by a mix of economic, social, and environmental factors, often intertwined with their unique vulnerabilities. Here’s a breakdown of key contributors:
- Economic Pressures:
- Rising Housing Costs: Fixed incomes from Social Security or pensions often can’t keep up with increasing rent or property taxes, especially in urban areas. For example, gentrification in cities like San Francisco has priced out many seniors.
- Healthcare Costs: High medical expenses can drain savings, forcing elders to sell homes or move to cheaper areas. The Kaiser Family Foundation notes that seniors spend about 16% of their income on healthcare.
- Lack of Affordable Housing: Limited access to subsidized senior housing or low-income units pushes many into precarious living situations.
- Social and Family Dynamics:
- Loss of Support Networks: Death of a spouse or family members can leave elders isolated, prompting relocation to be closer to caregivers or assisted living.
- Family Financial Strain: Adult children facing their own economic challenges may be unable to support aging parents, leading to moves to more affordable regions or facilities.
- Health and Accessibility Issues:
- Physical Limitations: Aging in place becomes difficult if homes aren’t modified for mobility issues (e.g., stairs, no elevators). Many seniors relocate to assisted living or single-story homes.
- Access to Care: Rural elders may move to urban areas for better healthcare access, while urban seniors might move to suburbs for quieter, more manageable environments.
Final Word
The City of Atlanta has forwarded several initiatives to help its oldest residents, including a successful food program.
Atlanta has a lot of cool things to do and places to eat, including some of the top soul food joints and remarkable Thai food spots. Explore the city.
Here are more articles from AtlantaFi.com you might like:
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Summer Wilson of Atlanta, Georgia says she has her goals on a micro home on the city’s south side.
“I’ve pretty much just been doing my research, looking for the right area and situation,” the Maryland native says. Micro homes are becoming a literal cottage industry around Georgia’s largest city.
Where Are the Micro Home Communities in Atlanta?
In the Atlanta area, South Park Cottages is a notable micro-home community, offering 29 homes on a 2.5-acre property.
It’s located about 10 minutes from Hartsfield-Jackson Airport and is known for its modern, smaller homes and community focus. Techie Homes, founded by Booker T. Washington, is also developing micro-home communities like Union Park Cottages and South Park Cottages in the Atlanta area.
South Park Cottages
The South Park Cottages in College Park, Georgia, have limited availability (three were listed as of this writing) priced between $200,000 and $300,000.
- Location: College Park, near Hartsfield-Jackson Airport.
- Features: 29 micro homes, walking trails.
- Home sizes: 400-600 square feet.
- Price range: Under $300,000.
- Developer: Booker T. Washington.
Union Park Cottages
Union Park Cottages offer a micro-home community with a technology lab and coffee. The structures also offer financing programs that include $5,000 in builder purchases, which can be utilized for closing cost or upgrades.
Mustard Seed Tiny Homes
At Mustard Seed Tiny Homes in Buford, Georgia, buyers get a premium tiny house in modular structures. These are permanently placed homes that become a landmark in the community and city.
The homes are small, but are known to be high-end designed, yet affordable. They are built with high quality materials and modern amenities.
Tiny Homes of The South
Venture to Tiny Homes of the South and you’ll find park model tiny homes and connects with manufacturers for cost-effective options.
Heritage Housing
Heritage Housing: A mobile home dealership with a wide array of new mobile homes for sale.
Wilson, mentioned earlier, says she prefers a micro home because of the cost savings compared to a regular-sized home.
“What I like most is that tiny homes are portable, which is something I’ve researched. They give me more flexibility to relocate without the commitment of a permanent residence, if that’s what I choose to do,” she says.
Micro Homes: Pros and Cons
Here’s a table outlining the pros and cons of living in a tiny home:
Pros Cons Affordability: Lower purchase price and reduced maintenance costs compared to traditional homes. Limited Space: Restricted room for belongings, furniture, and living activities, which can feel cramped. Lower Utility Costs: Smaller space means reduced energy consumption for heating, cooling, and electricity. Storage Challenges: Minimal storage space can make organization and clutter management difficult. Environmental Impact: Smaller footprint reduces resource use and carbon emissions. Lifestyle Adjustments: Requires significant downsizing and adaptation to minimalist living. Mobility: Many tiny homes (especially on wheels) allow for easy relocation. Zoning Restrictions: Local laws may limit where tiny homes can be placed or lived in long-term. Simpler Living: Encourages minimalism, reducing clutter and focusing on essentials. Privacy Issues: Limited space can make it hard to host guests or find personal space in shared living. Quick Build Time: Tiny homes can be built or purchased faster than traditional homes. Resale Value: May have lower resale value or a smaller market compared to conventional homes. Customizability: Easier to design or personalize a small space to fit specific needs. Utility Limitations: Some tiny homes lack full plumbing, electricity, or modern amenities. This table reflects common considerations based on why people like and dislike micro homes, although considerations may vary based on specifics like location, materials and climate.
Want to know 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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The average cost of an Atlanta home has edged upward over the past year, putting even more strain on local affordable housing. Is the trend expected to continue in the short term? Keep reading.
How Much Does A Home Cost In Atlanta?
The median price for a home in Atlanta sold for $404,000, an increase of 1.0% from last January. The average sales price was $500,500, up 4.1% from the previous year.
Are Houses Expensive In Atlanta?
The median sales price continues to increase for single-family residential properties in Atlanta as well as other major cities across the country. That means homes in Georgia’s largest city are considered expensive.Here are some more Atlanta housing statistics from Rocket Homes from January 2025, the latest available at this writing:
What Is The Price Of An Atlanta Home By Bedroom Count?
Beds Jan 2024 Jan 2025 Change YoY 1 Bedroom $254.9K $256.3K +0.6%2 Bedrooms $333.2K $345K +3.6%3 Bedrooms $381.6K $399.2K +4.6%4 Bedrooms $575K $586.8K +2.0%5+ Bedrooms $899.2K $955.5K +6.3%Atlanta Housing Market: A Refresher
Atlanta’s leaders in the late 1990s took on the challenge of breaking up the city’s concentrated poverty. This meant that housing projects had to be demolished. That’s exactly what happened.
The large-scale demolition helped spread low-income families throughout metro Atlanta, especially in Clayton and Fayette counties.
Due to the rising costs of inflation, affordable housing began to dwindle in Atlanta. This has increased due to the growth of the Beltline.
Since 2005, more than 2,600 affordable workforce units have been created within walking distance of the Atlanta Beltline. But more must be done.
The city is committed to building 5,600 housing units that are affordable.
Final Word
Purchasing a home may not be as affordable as it used to, but as long as you take the proper steps, including getting an inspection, it can work out.
When it comes to buying land your risk is not as great, but it still takes strategy. On the other hand, you may want to explore the rental market if it makes more dollars and sense for your wallet.
If a home is what you need for you or your family, it may be time to make some money moves to come up with a mortgage.
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Former NBA star Dwight Howard listed his expansive 32,000-square-foot Rose Hill Estate in Suwanee, just outside Atlanta, for $11.25 million on January 31, 2025.
The property, known as Rose Hill Estate, is located at 5200 Moore Road, approximately 35 miles northeast of Atlanta.
Dwight Howard Lists Atlanta-Area Mansion
Built in 2010 at a reported cost of $40 million, the mansion features 10 bedrooms, 12 full baths, 9 half-baths, and six full kitchens. Amenities include a home theater, game room, gym, heated saltwater pool, half-court basketball court, and a private lake with a dock.
Photo credit: Zillow
Howard’s Rose Hill Estate in Suwanee, Georgia, is a luxurious 32,000-square-foot mansion situated on 14 gated acres. Built in 2010 at a reported cost of $40 million, the property blends European-style architecture with modern amenities. Howard purchased the estate in 2016 for $8.8 million, and as of January 2025, it is listed for sale at $11.25 million.
Key Features:
- Bedrooms and Bathrooms: 10 bedrooms, 12 full baths, and 9 half-baths.
- Kitchens: Six full kitchens equipped with high-end appliances.
- Primary Suite: Includes a private balcony, two fireplaces, and separate baths and closets.
- Entertainment Spaces: Home theater, game room, gym, and a unique custom-built snake room featured on Animal Planet’s “Tanked.” Online Athens
- Outdoor Amenities: Heated saltwater pool, half-court basketball court, private lake with a dock, and landscaped grounds.
- Additional Features: Elevator, multiple living and dining areas, and a garage accommodating over 10 vehicles.
Dwight Howard’s mansion in Suwanee, Georgia, is a 32,000-square-foot estate with luxury amenities, including:
- 10 bedrooms
- 12 full bathrooms & 9 half-baths
- 6 full kitchens
- Home theater
- Game room
- Gym
- Indoor basketball half-court
- Heated saltwater pool
- Private lake with a dock
- Aquarium & snake room
- Outdoor kitchen & entertainment area
- Multiple living and dining spaces
Howard purchased the estate in 2016 while playing for the Atlanta Hawks. Given the recent listing, his current residence is not publicly disclosed.
Photo credit: Zillow
Final Word
This high-profile listing highlights the luxury real estate market in the Atlanta metro area, showcasing a property with significant size and amenities drawing attention to the region’s upscale housing trends. It also is a symbol of the many celebrities with Atlanta-area mansions.
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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The New Home Lot Supply Index (LSI) has reached 60.8, indicating a 1.7% decrease from the fourth quarter of 2024 compared to the same period in 2023. That being said, Atlanta has been found to have adequate lot supply, according to a recent report from Zonda, a real estate data services company.
This suggests that the market remains “significantly undersupplied” nationally, a trend persisting since 2017, according to new figures just released in February 2025. However, on a quarter-over-quarter basis, lot supply increased by 5.4% from the third quarter of 2024, reflecting a gradual improvement in availability.
Ali Wolf, chief economist at Zonda, noted, “Land and lot supply is at the healthiest levels we’ve seen in years.”
What Is the New Home Lot Supply Index?
The New Home Lot Supply Index measures the availability of developed lots for new home construction.
A higher index indicates a greater supply of lots, which can support more new home construction, while a lower index suggests a tighter supply, potentially leading to higher home prices and slower construction growth.
Between 2021 and 2022, builders were concerned about a potential shortage of buildable lots due to rapid demand growth. However, lot supply surged in late 2022 and early 2023 as consumer demand softened while lot development continued. Currently, the market is characterized by steady growth in both lot supply and new housing starts.
Lot Supply: A Snapshot of America
Year-over-year, lot supply tightened in most major metropolitan areas during the fourth quarter of 2024, with 17 out of 30 markets experiencing a decrease, down from 22 in the previous quarter.
Notably, Orlando, San Francisco, and Nashville saw the most significant loosening in land supply. In these areas, fourth-quarter housing starts varied compared to the previous year: Orlando experienced a 7% increase, San Francisco a 5% rise, while Nashville saw a 2% decline.
Atlanta Lot Supply Deemed Adequate
Three markets—Austin, Atlanta, and Dallas—are now considered appropriately supplied, while San Antonio remains slightly undersupplied. In the fourth quarter, housing starts increased year-over-year in three of these markets, with Austin being the exception. Vacant developed lots (VDLs) also rose in three markets, excluding Atlanta.
Atlanta Housing Market Trends
Population Growth: Atlanta has been experiencing significant population growth, driven by its strong job market, relatively low cost of living, and quality of life. This growth increases demand for housing.
Housing Demand: The demand for housing in Atlanta has been robust, leading to a competitive market for both existing homes and new construction.
Supply Constraints: Like many growing cities, Atlanta has faced challenges with land availability and zoning regulations, which can impact the New Home Lot Supply Index.
Construction Activity: Despite supply constraints, construction activity has been relatively strong, with developers working to meet the high demand for housing.
Factors Influencing the New Home Lot Supply Index include land availability, which is the amount of available land for development is a critical factor. Urban areas like Atlanta often face limitations due to geographic and regulatory constraints.
Another factor is zoning and regulations. Local zoning laws and building regulations can impact the ability to develop new lots.
Final Word
Total future lots, expected to be delivered over the next 12 to 18 months, increased by 13.2% year-over-year in the fourth quarter of 2024 but declined by 6.7% from the previous quarter. While the annual growth is notable, it’s important to recognize that the fourth quarter of 2023 represented a recent low point in the data. Overall, upcoming lots were 5.7% higher in 2024 compared to 2023 and 14.4% more in the fourth quarter of 2024 than in the same period in 2019.
In summary, while the national lot supply remains undersupplied, recent data indicates a positive trend toward increased availability, offering a more balanced outlook for future housing developments.
The Peach State’s largest city 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.
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As a major city in the Southeast, Atlanta has benefited from an influx of new employment opportunities, additional residents, and all of that has led to heightened competition for housing.
This increased demand in metro Atlanta has elevated home prices in a competitive real estate market.
A recent report from Realtor.com indicates that Atlanta is among the top real estate markets in America.
To come up with the list of hottest markets, Zillow analyzed the 50 largest U.S. metro areas for the following:
- home value growth
- projected change in owner-occupied households
- job growth compared to new construction
- the speed at which homes are sold
Top Real Estate Markets in America
Based on recent forecasts and analyses, here are the top 25 real estate markets in the United States for 2025:
- Colorado Springs, CO
- Miami-Fort Lauderdale-Pompano Beach, FL
- Virginia Beach-Norfolk-Newport News, VA-NC
- El Paso, TX
- Richmond, VA
- Orlando-Kissimmee-Sanford, FL
- McAllen-Edinburg-Mission, TX
- Phoenix-Mesa-Chandler, AZ
- Atlanta-Sandy Springs-Alpharetta, GA
- Greensboro-High Point, NC
- Tucson, AZ
- Austin-Round Rock-Georgetown, TX
- Durham-Chapel Hill, NC
- Charlotte-Concord-Gastonia, NC-SC
- Little Rock-North Little Rock-Conway, AR
- Jacksonville, FL
- Cape Coral-Fort Myers, FL
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Harrisburg-Carlisle, PA
- Denver-Aurora-Lakewood, CO
- Allentown-Bethlehem-Easton, PA-NJ
- Columbia, SC
- Lakeland-Winter Haven, FL
- Tampa-St. Petersburg-Clearwater, FL
- Greenville-Anderson, SC
Why Is Atlanta a Top Real Estate Market?
Atlanta is considered a top real estate market due to several factors that have been at play for the last few decades:
Economic Growth: The city’s robust economy, driven by sectors such as information technology, film and television production, and a growing tech industry, attracts businesses and professionals alike. This economic vitality fuels demand for both residential and commercial properties.
Population Influx: Atlanta continues to experience significant population growth, with many individuals relocating to the city for its employment opportunities and vibrant culture. This influx contributes to a strong demand in the housing market.
Affordability: Despite rising home prices, Atlanta maintains a more manageable cost of living compared to other major U.S. cities. This relative affordability makes it attractive to both homebuyers and investors.
Rental Market Strength: The city boasts a robust rental market, driven by a transient population and a consistent influx of students and professionals. This dynamic supports strong rental demand, benefiting property investors.
Market Resilience: Atlanta’s housing market has demonstrated resilience, with home prices appreciating at a normalized rate of about 3-6% annually. This steady growth indicates a healthy and stable market.
Final Word
Atlanta has always been a region known for the best real estate markets, with relatively cheap 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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