Neighborhoods in Atlanta with the most expensive home sales

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June 3, 2022
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This story originally appeared on ZeroDown and was produced and distributed in partnership with 麻豆原创 Studio.

Neighborhoods in Atlanta with the most expensive home sales

After home prices climbed by a record-setting 16.9% nationwide in 2021, the market was met with another stunning statistic in April 2022: 11 American metros now have a median home sold price of more than $500,000. The half-million dollar average sale price metric comes from an of March home sales. Nationwide, the median sales price of a home reached $392,750 as of mid-April 2022.

In historically wealthy cities and those with more modest home prices, the trajectory is the same: Prices keep going up even as mortgage rates spike. Causes for the price jumps are mirrored across the country. A long-term housing shortage that began after the was exacerbated by supply chain disruptions that made it harder to source construction material, which affected virtually all housing markets. Another factor that has driven up prices is the rise of investors that have entered the market. In many regions including Charlotte, North Carolina, of single-family homes.

In smaller cities and towns, traditionally lower population numbers were met with a swell of households moving away from big cities during the coronavirus pandemic, driving competition up for housing. Record-low mortgage rates were another reason for an exploding number of buyers, although rising rates don鈥檛 seem to be doing much to slow bidding wars in many metros.

Real estate platform analyzed its to determine the most expensive neighborhood in Atlanta, based on homes sold between March 18, 2022 and April 18, 2022. Neighborhoods are ranked by the median home price per square foot.

Read on to see your city鈥檚 most expensive neighborhoods or see the national story which features neighborhoods in 20 metros .

#10. Old Fourth Ward
- Median Home Price: $479,742 ($409 per square foot)
- Median Rent: $1,382
- Population: 12,634
- Walk Score: 84
- Bike Score: 85
- Transit Score: 55

#9. Woodfield
- Median Home Price: $1,651,186 ($411 per square foot)
- Median Rent: $1,301
- Population: 158
- Walk Score: 11
- Bike Score: 45
- Transit Score: 34

#8. Peachtree Heights East
- Median Home Price: $709,988 ($422 per square foot)
- Median Rent: $1,192
- Population: 1,163
- Walk Score: 56
- Bike Score: 29
- Transit Score: 49

#7. Ansley Park
- Median Home Price: $580,128 ($434 per square foot)
- Median Rent: $1,528
- Population: 2,331
- Walk Score: 59
- Bike Score: 50
- Transit Score: 35

#6. Inman Park
- Median Home Price: $395,143 ($436 per square foot)
- Median Rent: N/A
- Population: N/A
- Walk Score: 85
- Bike Score: 81
- Transit Score: 59

#5. Lake Claire
- Median Home Price: $709,988 ($442 per square foot)
- Median Rent: $1,302
- Population: 2,873
- Walk Score: 57
- Bike Score: 57
- Transit Score: 41

#4. Springlake
- Median Home Price: $1,025,821 ($445 per square foot)
- Median Rent: $1,455
- Population: 1,032
- Walk Score: 54
- Bike Score: 38
- Transit Score: 34

#3. Loring Heights
- Median Home Price: $600,191 ($461 per square foot)
- Median Rent: $1,353
- Population: 1,275
- Walk Score: 60
- Bike Score: 63
- Transit Score: 41

#2. Arden / Habersham
- Median Home Price: $5,121,739 ($622 per square foot)
- Median Rent: $1,652
- Population: 377
- Walk Score: 9
- Bike Score: 11
- Transit Score: 32

#1. Wyngate
- Median Home Price: $6,497,998 ($700 per square foot)
- Median Rent: $1,640
- Population: 618
- Walk Score: 9
- Bike Score: 20
- Transit Score: 35

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