East Atlanta, Atlanta, GA—30316
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Atlanta, Atlanta, GA
As of Oct '25, the median home price in East Atlanta, Atlanta, GA is $397,000, with a year-over-year change of -4.5%. This indicates that home prices in East Atlanta, Atlanta, GA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | -4.5% |
| Single Family | $405,000 | -4.5% |
| Condos | $328,000 | -3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $309,000 | -1.6% |
2 Bed | $364,000 | -4.2% |
3 Bed | $385,000 | -4.9% |
4 Bed | $558,000 | -3.1% |
| 5 Bed | $675,000 | -1.5% |
% of Housing Stock
Rental Trends — East Atlanta, Atlanta, GA
As of July '25, Rentcast reports the average rent in East Atlanta, Atlanta, GA is $2,240, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in East Atlanta, Atlanta, GA is studios: $1,530, 1-bedrooms: $1,720, 2-bedrooms: $2,300, 3-bedrooms: $2,780, 4-bedrooms: $3,760. The most common rental property sizes in East Atlanta, Atlanta, GA are 2-bedroom and 1-bedroom, accounting for 37.0% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,240 |
| Studio Rent | $1,420 | $1,530 |
| 1 Bed Rent | $1,700 | $1,720 |
| 2 Bed Rent | $2,220 | $2,300 |
| 3 Bed Rent | $2,500 | $2,780 |
| 4 Bed Rent | $3,400 | $3,760 |
% of Rental Stock
Property Listings — East Atlanta, Atlanta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in East Atlanta, Atlanta, GA is 54. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $402,000 | -12.0% |
Listing Count | 320 | 9.0% |
| Listings as % of Homes | 1.0% | 9.0% |
Days on Market | 54 | 15.0% |
Demographics — East Atlanta, Atlanta, GA
As of the latest ACS Survey released in 2023, East Atlanta, Atlanta, GA has a population of 35,000, which has increased by 5.6% over the past 5 years. East Atlanta, Atlanta, GA is a moderately popular place for families, as children make up 16.8% of the population. The area has a highly educated workforce, with 55.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,000 | 5.6% |
% Under 18 | 16.8% | 0.0% |
% Seniors | 12.3% | 4.2% |
% WFH | 28.3% | 262.8% |
% w/ College Degree | 55.5% | 25.0% |
As of the latest ACS Survey released in 2023, East Atlanta, Atlanta, GA is a predominantly black area, with 47.5% of the population identifying as black. The black population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in East Atlanta, Atlanta, GA is white, making up 36.0% of the population. Foreign-born residents account for 6.0% of the population in East Atlanta, Atlanta, GA, and this percentage has increased by 27.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.0% | -5.8% |
% Black | 47.5% | -8.5% |
% Hispanic | 8.1% | 76.1% |
% Asian | 4.0% | 135.3% |
% Foreign Born | 6.0% | 27.7% |
Mortgage and Risk — East Atlanta, Atlanta, GA
According to HUD data as of 2023, there were 821 mortgage originations in East Atlanta, Atlanta, GA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in East Atlanta, Atlanta, GA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 821 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — East Atlanta, Atlanta, GA
As of 2024, the percent of homes in East Atlanta, Atlanta, GA under the Section 8 program is 15.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in East Atlanta, Atlanta, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,004 |
Total Units Section 8 | 960 |
% Rentals under Section 8 | 15.4% |
% Occupied Section 8 | 88.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,700 | $1,730 |
| 2 Bedroom | -$300 | $2,220 | $1,920 |
| 3 Bedroom | -$190 | $2,500 | $2,310 |
| 4 Bedroom | -$620 | $3,400 | $2,780 |
Affordability — East Atlanta, Atlanta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $397,000 |
| Median Household Income | $96,500 |