Blog > Market Update - February 2025

Market Update - February 2025

by Amy Parris Cook

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Metro Atlanta Housing Market Update: What’s Really Happening in 2025  

If you’ve been keeping an eye on the real estate market in metro Atlanta, you know things are shifting—but what does that actually mean for buyers and sellers? Let’s break it down.  

Home Prices Are Still Climbing

Despite the headlines about a cooling market, home prices in metro Atlanta are still on the rise. In January 2025, the median sale price hit $422,471, up 3% from last year. This trend follows what we’ve been seeing across Georgia, where the median home price reached $374,100—a 4.8% increase year over year.  

If you’re selling, this is great news—equity gains are still happening. If you’re buying, yes, homes are more expensive than they were a few years ago, but there are more options hitting the market (which means more negotiating power for you).  

Inventory Is Finally Increasing

 
One of the biggest shifts we’re seeing is more homes coming on the market. In January, there were 6,978 homes for sale in Atlanta, which is a 19.5% jump from December 2024. More inventory gives buyers more breathing room and means sellers need to price their homes strategically to attract offers.  

Gone are the days when any home would sell with multiple offers over asking price in a matter of hours. Homes will sell, but they need to be positioned correctly—meaning accurate pricing and strong marketing matter more than ever.  

Interest Rates & Their Impact  


Mortgage rates are still hovering around 7%, which has cooled demand a bit, particularly for first-time buyers. Some are holding off, hoping rates will drop, while others are jumping in, realizing that waiting could mean missing out on homeownership altogether.  

If you’re a seller, know that buyers today are taking their time and negotiating more. If you’re a buyer, this market isn’t as frantic as it was a couple of years ago, meaning you might have more leverage to negotiate price, closing costs, or repairs.  

The Rental Market is Holding Strong  


If you’re waiting out the market by renting, you’re not alone. High home prices and mortgage rates have led more people to stay in rentals longer, which keeps demand strong. While new apartment developments have added some supply, experts predict rents will start rising again later this year as construction slows.  

What’s Next?  


Metro Atlanta remains a strong real estate market, but we’re in a different phase. Sellers need to price competitively and market their homes well, while buyers should be ready to negotiate and take advantage of the increased inventory. If you’ve been waiting for a sign to make a move, this might be it—especially before the spring market heats up.  

If you’re thinking about buying or selling and want a real conversation about what’s best for your situation, let’s chat. No fluff, no pressure—just honest advice.  

 

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