Homes for Sale in Atlanta, GA: What You Need to Know
Just like the strong economic and job markets, the Atlanta housing market has seen consistent growth over the past decades. At $127,000, the median home price is well under the national average of $152,000. The real estate appreciation rate in Atlanta has been 57% in the past five years and prices are forecast to increase by over 9% over the next three years.
The ongoing influx of Millennials, most of whom prefer renting over buying, is making rental properties in Atlanta excellent assets for investors. For those looking to invest in a house in Atlanta, newly renovated and move-in ready homes are hitting the market daily, with prices starting at $70,000.
A Booming Job Market
The job market in Atlanta, GA, ranked among the national Top 5 in 2019, thanks to steady growth and diversification of the region's economy. Atlanta has been home to Fortune 500 giants like The Coca-Cola Company, Delta Airlines, UPS, and The Home Depot for decades—but lately, a multitude of technology, healthcare, and entertainment has brought on a boom of new opportunities for job seekers on all levels.
Diverse Local Culture
The culture of Atlanta, GA, is an irresistible blend of time-honored Southern and highly diverse modern influences. Three influences have played key roles in making Atlanta what it is today: its musical heritage, the Civil Rights Movement, and the 1996 Summer Olympic Games. They changed the face of the city and attracted new residents, artists, and investors, which in turn enabled enormous growth both economically and culturally. Speaking of investors: even if you haven't been to "the ATL" yet, you have probably seen it on the screen many times, as competitive tax incentives have made Atlanta a major market for movie and TV production.
Shopping in Atlanta
From high fashion to wholesale groceries, Atlanta, GA, offers an abundance of shopping venues across for all needs and budgets. Around Downtown Atlanta alone, you'll find various popular shopping malls, including the Peachtree Center, Ponce City Market (and its Central Food Hall), Lenox Square and Phipps Plaza, where top retailers line up alongside some of the best dining in town.
For grocery shopping, large store chains like Publix, Whole Foods Market, Kroger, and Trader Joe's can be found in practically all neighborhoods. For authentic Atlanta flavor, try one of the many local grocery stores and markets, like Savi Provisions (multiple locations in Midtown, Buckhead, and more) the Candler Park Market or Bennett's Market and Deli in Grand Park.
Atlanta, GA, is a major education hub in the state of Georgia. Over 15 public and private colleges and universities are located here, including the University of Georgia, the Georgia Institute of Technology, and the prestigious private Emory University. Primary and secondary education: the school districts of the Atlanta metro comprises 105 public, charter, and private schools, many of which are highly-rated. Some of the top-rated school districts for Elementary, Middle, and High Schools are Gwinnett County, DeKalb County, and Atlanta Public Schools.