It’s the most popular time of the year to buy a home, but can Atlanta residents afford them? It’s going to cost hopeful local homeowners a sizable six-figure income if they want to sign a deed of their own.
Mortgage rates hit a 20-year high in 2022 and have not consistently cooled since. Currently at around 6.8% , it’s just one piece of a complex puzzle of industry challenges that are creating a serious problem for Atlanta workers.
So, how much do you need to purchase a home of your own?
How much do Atlanta houses cost in 2025?
According to the Atlanta Realtors Association, home prices are only slightly on the rise year over year. The ARA reported a 0.6% increase in average sales price for March 2025 within metro Atlanta, compared to March 2024. It’s a huge improvement from the previous month , when homes experienced eight times greater price hikes from the previous year…