30316 Real Estate Market Report

Covering the East Atlanta Neighborhoods / 30316 Zip Code | January – December 2018

The 30316 real estate market was one of the hottest for home sales in 2018 and we think there are even more good things to come in the new year!   This Intown zip is home to the East Atlanta Village, Ormewood Park, Reynoldstown and part of Cabbagetown and we think that many homeowners are giving themselves a big pat on the back for making their “nest” in 30316!

Below you’ll find the latest update on the 30316 real estate market, including recent home sales, current trends and of course, the latest East Atlanta area home values. We’re on a mission to keep you well-informed and current on the latest market trends, so we hope you enjoy the 2018 edition of the 30316 Real Estate Market Report…

Infographic with the real estate and home sales stats for Atlanta 30316 zip code.

Atlanta 30316 Real Estate Market for 2018

EAST ATLANTA HOMES SOLD 

A total of 714 single family homes sold in Atlanta’s 30316 zip code.  This is right on par with 2017, where we had 716 home sales. The demand for homes under $500K is still very (VERY) high in the East Atlanta neighborhoods, so if inventory levels increased, we feel confident that the number of sales would as well.

** See the homes that recently sold in the 30316 zip code at the bottom of this report!

HOME PRICES

We saw another nice increase in the average single-family home sales price this year at $341,034.  That’s a $26,000 INCREASE (8.3%) from the same time last year. Not too shabby, East Atlantans!

A few more interesting nuggets on East Atlanta area (zip code 30316) home values:

* In 1Q 2018, home sales ranged in price from $25,000 to $1,015,000, with the median sales price at $340,000

* We had two home sales over a MILLION dollars in 30316 this year!  Both were new construction homes on Faith Avenue boasting 4000+ square feet

* New construction prices in Ormewood Park, Glenwood Park, and Reynoldstown really helped drive up the average sales price.  [Check out the most expensive homes sold at the bottom of this report!]

AVERAGE SALES PRICE (2014 – 2019)

Graph with the East Atlanta home values over the last 10 years

Aren’t you just the tiniest bit curious about what your home is worth? Request a home valuation and we’ll email you a full report with an estimate on your home’s current value.

 

HOW LONG DOES IT TAKE TO SELL A HOME IN 30316?

Single-family homes took 31 days to sell on average — BUT  39% of the 30316 homes sold in less than ONE week.

The median number of days on market was only 14 (vs 12 days last year) and we would consider that a more accurate reflection of what is happening in today’s 30316 real estate market, as were a few factors at play.  First, several new construction and/or home renovations were listed in the MLS before the homes were finished. Also, several homes priced a little too high when they were first listed and they sat on the market – some for almost a year!

ARE 30316 HOME BUYERS STILL PAYING TOP DOLLAR?

Without a doubt! In 2018, East Atlanta area homes sold at 98.8% of the asking price, on average.  That means that buyers were able to negotiate an average of 1.2% off the asking price.  To put this in perspective…

* On a $600,000 home, that’s about $7,000 off the listing price

* On a $300,000 home, buyers are negotiating about $3,600 off the listing price

If you are looking for a home in this popular Atlanta zip code, make sure you consult with your buyer’s agent who is very familiar with the Intown Atlanta real estate market.  In many situations, you’ll probably need to offer at least the full asking price, as 51% of the 30316 homes sold at or OVER the listing price.

.

Have questions about the 30316 real estate market report?  Want to learn more about the East Atlanta neighborhoods?  The Urban Nest Real Estate Group is located in the heart of the East Atlanta Village and many of our agents live in EAV, so we’d love to help answer your questions!  Call anytime at:

404-205-8800

** Be sure to ask for an East Atlanta 30316 real estate market specialist!

Explore 30316 Homes for Sale

$469,980
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
1,848
SQFT
2310 Willowdale Circle SE
Atlanta, GA 30316
East Atlanta Subdivision
$359,900
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
952
SQFT
1680 Van Vleck Avenue SE
Atlanta, GA 30316
East Atlanta Village Subdivision
$345,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,014
SQFT
2846 Meadowview Drive SE
Atlanta, GA 30316
Gresham Park Subdivision
$339,900
Single Family Home For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,000
SQFT
2056 Settle Circle SE
Atlanta, GA 30316
Shoals Heights Subdivision
$280,000
Single Family Home For Sale
Active
3
BEDS
1
TOTAL BATH
1,224
SQFT
2885 Gresham Road
Atlanta, GA 30316
 
$279,900
Single Family Home For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,230
SQFT
1707 Cecilia Drive SE
Atlanta, GA 30316
East Atlanta Subdivision
$279,900
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
1,247
SQFT
2045 Bencal Drive SE
Atlanta, GA 30316
Bencal Subdivision
New Listing - 3 weeks online
$1,150,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,295
SQFT
470 Hamilton Street SE
Atlanta, GA 30316
Glenwood Park Subdivision
New Listing - 2 weeks online
$975,000
Single Family Home For Sale
Active
10
BEDS
9
TOTAL BATHS
7,777
SQFT
1747 Fayetteville Court SE
Atlanta, GA 30316
East Lake/Terry Mill Subdivision
New Listing - 2 weeks online
$874,000
Single Family Home For Sale
Pending
4
BEDS
4
TOTAL BATHS
2,502
SQFT
760 Belt Loop SE
Atlanta, GA 30316
Farmhouses At Ormewood Park Subdivision
$848,000
Single Family Home For Sale
Pending
4
BEDS
4
TOTAL BATHS
2,797
SQFT
917 Emerson Avenue SE
Atlanta, GA 30316
Ormewood Park Subdivision
$799,900
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
1058 Sanders Avenue SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - 2 weeks online
$751,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,000
SQFT
982 Ormewood Avenue SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - 2 weeks online
$750,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
3,720
SQFT
1364 Mcpherson Avenue SE
Atlanta, GA 30316
East Atlanta Village Subdivision
Price Change - 4 weeks ago
$749,900
Single Family Home For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,600
SQFT
870 Kirkwood Avenue SE
Atlanta, GA 30316
Reynoldstown Subdivision
$719,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,400
SQFT
253 Powell Street SE
Atlanta, GA 30316
Cabbagetown Subdivision
$710,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
1,524
SQFT
653 Wylie Street SE
Atlanta, GA 30316
Cabbagetown Subdivision
$699,900
Single Family Home For Sale
Active
5
BEDS
3
TOTAL BATHS
2,414
SQFT
1865 Braeburn Circle SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 4 weeks online
$675,000
Single Family Home For Sale
Active
5
BEDS
4
TOTAL BATHS
4,200
SQFT
1105 Faith Avenue SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - 3 weeks online
$650,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,000
SQFT
445 Blake Avenue SE
Atlanta, GA 30316
East Atlanta Subdivision
$599,900
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
1,938
SQFT
1536 Van Vleck Avenue SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 3 weeks online
$599,500
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
1,871
SQFT
811 Gresham Avenue SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 4 weeks online
$599,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
2,982
SQFT
2548 Kickerillo Way SE
Atlanta, GA 30316
Parkside Walk Subdivision
$599,000
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
3,208
SQFT
1312 Lochland Court SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 3 weeks online
$575,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,033
SQFT
1677 Jobeth Avenue SE
Atlanta, GA 30316
East Atlanta Subdivision
$575,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
1444 Lakeview East Drive SE
Atlanta, GA 30316
Lakeview At East Atlanta Subdivision
$575,000
Single Family Home For Sale
Active
3
BEDS
1
TOTAL BATH
1288 Bouldercrest Drive
Atlanta, GA 30316
 
New Listing - 3 weeks online
$574,900
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,337
SQFT
1861 Flat Shoals Road SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 3 weeks online
$550,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,657
SQFT
353 Patterson Avenue SE
Atlanta, GA 30316
East Atlanta Village Subdivision
New Listing - 3 weeks online
$550,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
793 Berne Street SE
Atlanta, GA 30316
Grant Park Subdivision
Price Change - 4 weeks ago
$549,989
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
2,000
SQFT
1873 Lomita Road SE
Atlanta, GA 30316
East Atlanta Area Subdivision
Price Change - a week ago
$539,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,418
SQFT
226 Wilbur Avenue SE
Atlanta, GA 30316
Reynoldstown Subdivision
New Listing - 3 weeks online
$525,000
Single Family Home For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,381
SQFT
931 Berne Street SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - 2 weeks online
$525,000
Single Family Home For Sale
Active
5
BEDS
5
TOTAL BATHS
1839 Flat Shoals Road SE
Atlanta, GA 30316
East Atlanta Subdivision
$519,900
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,456
SQFT
1385 Knob Hill Court SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - a week online
$519,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,606
SQFT
1386 Newton Avenue SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 3 weeks online
$515,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,352
SQFT
1520 Wainwright Drive SE
Atlanta, GA 30316
Jb Alexandeer And Rs Tatum Subdivision
New Listing - a week online
$515,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,060
SQFT
1332 Sargent Avenue SW
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 7 days online
$515,000
Single Family Home For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,793
SQFT
917 Walker Avenue SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - 2 weeks online
$505,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,120
SQFT
1115 Mckenna Place SE
Atlanta, GA 30316
Village Walk of East Atlanta Subdivision
New Listing - 5 days online
$499,000
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
1,900
SQFT
175 Moreland Avenue SE
Atlanta, GA 30316
 
New Listing - 2 weeks online
$489,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,756
SQFT
2325 Cloverdale Drive SE
Atlanta, GA 30316
Eastland Eastwood Manor Subdivision
$489,900
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
1,914
SQFT
621 Clifton Road SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 4 weeks online
$489,000
Single Family Home For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
2,424
SQFT
1360 Orange Blossom Terrace SE
Atlanta, GA 30316
East Atlanta Subdivision
$485,000
Single Family Home For Sale
Pending
3
BEDS
1
TOTAL BATH
1,156
SQFT
1075 Berne Street SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - 2 weeks online
$485,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,900
SQFT
2033 Bencal Drive SE
Atlanta, GA 30316
 
New Listing - 7 days online
$479,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
310 Patterson Avenue
Atlanta, GA 30316
East Atlanta Subdivision
$478,100
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,270
SQFT
Pontiac Place #20
954 Rittenhouse Way
Atlanta, GA 30316
New Listing - 4 weeks online
$478,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,417
SQFT
964 United Avenue SE
Atlanta, GA 30316
Poets Corner Subdivision
Price Change - 4 weeks ago
$475,000
Single Family Home For Sale
Active
3
BEDS
1
TOTAL BATH
1,034
SQFT
606 Glenwood Place SE
Atlanta, GA 30316
Ormewood Park Subdivision
$475,000
Single Family Home For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
1,064
SQFT
988 Eden Avenue SE
Atlanta, GA 30316
Ormewood Park Subdivision
$475,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,190
SQFT
118 Chester Avenue
Atlanta, GA 30316
Reynoldstown Subdivision
$475,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,182
SQFT
390 Patterson Avenue
Atlanta, GA 30316
East Atlanta Subdivision
Price Change - a week ago
$475,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,124
SQFT
1094 Knott Street SE
Atlanta, GA 30316
Ormewood Park Subdivision
New Listing - 3 weeks online
$469,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,673
SQFT
1715 Piper Circle SE
Atlanta, GA 30316
 
Price Change - 3 weeks ago
$469,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,282
SQFT
1287 Oak Grove Avenue SE
Atlanta, GA 30316
East Atlanta Village Subdivision
$460,000
Single Family Home For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,364
SQFT
766 Gresham Avenue SE
Atlanta, GA 30316
East Atlanta Subdivision
New Listing - 6 days online
$459,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,408
SQFT
1686 Van Vleck Avenue SE
Atlanta, GA 30316
East Atlanta Village Subdivision
$456,200
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,770
SQFT
Pontiac #Lot 13
933 Rittenhouse Way
Atlanta, GA 30316
$450,000
Single Family Home For Sale
Pending
3
BEDS
1
TOTAL BATH
1,216
SQFT
845 Marcus Street NE
Atlanta, GA 30316
Reynoldstown Subdivision

Most Expensive Home Sales in Atlanta, GA 30316

January – December 2018  ||  See the latest East Atlanta 30316 real estate listings

ADDRESS N’HOOD BEDS BATHS LIST SOLD TDOM
929 Faith Ave Glenwood Park 6 4 $1,025,000 $1,015,000 2
976 Faith Ave Glenwood Park 5 4.5 $1,050,000 $1,005,000 139
55  Chester Ave Reynoldstown 4 3.5 $850,000 $845,000 19
470 Hamilton St Glenwood Park 4 3.5 $795,000 $795,000 5
1052 Manigault St Reynoldstown 4 3 $775,000 $767,000 25
447 Pasley Ave East Atlanta Village 4 3.5 $714,900 $750,000 5
69 Kenyon St Reynoldstown 4 3.5 $750,000 $750,000 16
87 Kenyon St Reynoldstown 4 3.5 $750,000 $750,000 149
736 Belt Loop Farmhouses at Ormewood Park 4 3.5 $735,000 $748,400 3
744 Belt Loop Farmhouses at Ormewood Park 4 4.5 $741,000 $741,000 70
911 Emerson Ave Ormewood Park 4 3.5 $719,900 $719,900 4
467 Hamilton St Glenwood Park 4 3.5 $750,000 $710,000 28
155 Walthall St Reynoldstown 3 2.5 $650,000 $701,500 5
388 Monument Ave East Atlanta 4 4 $699,900 $699,900 3
966 Ormewood Park Glenwood Park 3 2 $719,000 $690,000 17
946 Prospect Ave Ormewood Park 5 3.5 $724,900 $690,000 77
1001 Gilbert St Ormewood Park 4 3.5 $719,000 $685,000 27
256 Powell St Cabbagetown 3 2 $675,000 $675,000 0
1334 Ormewood Ave East Atlanta 4 4 $659,900 $659,900 2
1070 Confederate Ave Ormewood Park 4 3 $625,000 $626,000 20
80 Weatherby St Reynoldstown 3 2.5 $614,900 $614,900 10
378 Bill Kennedy Way Glenwood Park 4 3.5 $619,900 $610,000 72
798 Stokeswood Ave East Atlanta Village 4 3.5 $650,000 $610,000 11
1015 Eden Ave Ormewood Park 4 3.5 $699,000 $605,000 36
406 E Side Ave East Atlanta 5 4 $649,900 $605,000 100
966 Wylie St Reynoldstown 4 2.5 $600,000 $605,000 2
870 Kirkwood Ave Reynoldstown 3 2.5 $599,000 $604,900 2
822 Kirkwood Ave Reynoldstown 3 2 $599,000 $600,000 12
82 Walthall St Reynoldstown 4 3 $600,000 $600,000 4
1228 Oak Grove Ave East Atlanta 4 3.5 $619,900 $600,000 30
836 Delmar Ct Ormewood Park 4 3 $599,900 $599,999 175
417 Lewis Lane Glenwood Park 4 4 $599,000 $599,000 3

..

Cover image for the Urban Nest real estate market report for zip code 30316

PLEASE NOTE:  The 30316 real estate market data used in this market report was extracted from the Atlanta MLS on January 19, 2019, and interpreted by Kerry Lucasse with eXp Realty.  Information is deemed reliable but is not guaranteed and subject to change. If you would like a copy of all the recently sold homes in Atlanta’s 30316 zip code (including photos and details), we’d be happy to email you the report.  Please text Kerry at 404-432.1844.

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