Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,080 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,730 |
| 5 Bedrooms | $2,007 |
| 6 Bedrooms | $2,248 |
| 7 Bedrooms | $2,428 |
| 8 Bedrooms | $2,549 |
U.S. Census Bureau data (2024)
The real estate market in ZIP 30177 is poised for stability and gradual growth over the next 12-24 months, based on key metrics including the median home value of $297,424. The fact that there is currently no percentage of listings being reduced signals a strong seller's market where properties are holding their value well. Landlords and small-portfolio investors can expect to maintain their pricing power, as homes are not frequently coming down in price.
The median days on market (DOM) being reported as N/A suggests either an exceptionally active market where homes are selling quickly, or a data collection issue. Assuming the former, this would imply that demand is robust and homes are moving swiftly once listed, further supporting the idea of a seller-friendly environment. This quick turnover could be indicative of a competitive market where buyers are willing to pay close to or even above asking prices, especially if inventory remains tight.
On the rental side, the Fair Market Rent (FMR) for ZIP 30177 in fiscal year 2024 is set at $970. While the current market rent is listed as N/A, the FMR provides a benchmark for assessing rental yields. If the actual market rents are near or exceed this figure, it suggests that rental properties can command strong rates, which is beneficial for cash flow. However, if market rents are significantly below the FMR, it may indicate that rental properties are facing pressure to reduce prices to attract tenants, which could affect long-term investment strategies.
For long-hold investors, the setup implied by these figures suggests a realistic appreciation thesis. With homes maintaining their value and the potential for strong rental income, investors can anticipate steady growth in both property values and rental yields. The absence of reduced listings and the robust FMR point towards a market that is likely to continue appreciating, albeit gradually. This makes ZIP 30177 a viable option for those looking to hold onto properties for extended periods, expecting to benefit from long-term capital gains and stable rental income.
To make informed decisions, investors should closely monitor changes in the percentage of listings being reduced and actual market rent levels. These metrics will provide critical insights into how the market is evolving and whether the current trends of stability and gradual appreciation persist.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
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.