Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,680 |
| 1 Bedroom | $1,750 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,260 |
| 4 Bedrooms | $2,690 |
| 5 Bedrooms | $3,120 |
| 6 Bedrooms | $3,494 |
| 7 Bedrooms | $3,774 |
| 8 Bedrooms | $3,963 |
The real estate landscape in ZIP 30142 (Unknown, GA) is poised for a period of stability and cautious optimism over the next 12-24 months, based on the available data points. The median home value is currently listed as N/A, which suggests that there may be limited recent sales data to accurately determine this figure. However, the N/A% of listings that have been reduced and the N/A-day median Days on Market (DOM) provide valuable insights into the current market conditions.
The presence of reduced listings indicates a seller's willingness to negotiate, signaling a slight shift towards a buyer's market. This reduction in asking prices could imply that sellers are adjusting their expectations due to slower sales activity, as indicated by the median DOM. A higher DOM typically reflects a less active market where homes are taking longer to sell, suggesting that buyers may have more leverage in negotiations.
On the rental side, the Fair Market Rent (FMR) for ZIP 30142 is set at $1990 for fiscal year 2024. Comparing this to the N/A market rent (N/A), it appears that the rental market is closely aligned with the federal guidelines, indicating a balanced rental environment. Landlords and small-portfolio investors should expect steady rental income without significant fluctuations in rent prices, barring any unforeseen economic shifts.
For long-term hold investors, the realistic appreciation thesis in ZIP 30142 is somewhat muted given the current data. The combination of reduced listings and extended DOM periods suggests that while appreciation may occur, it will likely be gradual rather than rapid. Investors should focus on maintaining properties and ensuring competitive rental offerings to sustain cash flow and asset value.
In summary, the data points suggest a market where pricing power is shifting slightly towards buyers, with a stable rental sector. Long-term investors should anticipate modest growth and prepare for a sustained period of value appreciation rather than quick gains. This setup favors those who can weather short-term market fluctuations and capitalize on long-term trends.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.