Search homes for sale in Buckhead, an uptown commercial and residential district in Atlanta, GA.
The Buckhead real estate market is showing competitive trends, with properties typically receiving two offers and taking about 41.5 days to sell. Last month, the median home price in Buckhead rose to $652K, reflecting a significant increase of 13.4% from the previous year. The price per square foot has also seen a notable rise to $340, up by 12.6% compared to last year. This growth indicates a robust demand and appreciating property values in Buckhead, making it an attractive area for both buyers and sellers seeking investment opportunities in a dynamic market. The steady rise in prices underscores the area's desirability and the competitive nature of its housing market, hinting at a strong local economy and a high quality of life that continues to draw residents.
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The Buckhead housing market experienced a notable uptick in January 2024, with home prices climbing by 13.4% year-over-year to reach a median price of $652K. Homes spent an average of 42 days on the market, a slight increase from 40 days the previous year, indicating a consistently strong demand.
The area also saw a modest increase in sales volume, with 300 homes sold in January 2024 compared to 297 in the same month last year. This gradual increase in both pricing and sales volume reflects Buckhead's enduring appeal and its market's resilience, suggesting a healthy and thriving real estate environment. The area's market dynamics hint at a steady interest among buyers, supported by Buckhead's attractive lifestyle offerings and its status as a desirable location.
The Buckhead real estate market shows a competitive edge, with properties typically taking 48 days to sell. It's common for homes to receive multiple offers, reflecting the area's desirability. On average, homes sell for about 3% below the listed price and transition to pending status within the same 48-day timeframe. However, highly sought-after homes, often referred to as "hot homes," have the potential to sell at approximately the list price and can move to pending status significantly faster, in around 20 days.
This variability underscores the importance of market readiness and the appeal of certain properties, highlighting Buckhead's dynamic and competitive real estate environment.
For detailed, up-to-date information on buying a house in Buckhead, including legal considerations and market trends, you can talk to us.
No, living in Buckhead, Atlanta, is relatively more affordable compared to the national average. Housing expenses in Buckhead are 51% lower than what you'd find across the country, making it an attractive option for many looking for a place to live. Additionally, utility costs are also more economical, being 7% lower than the national average. When it comes to getting around, transportation expenses, including bus fares and gas prices, are 8% lower than the national average. This makes Buckhead a cost-effective area for both living and commuting.
Yes, Buckhead in Atlanta is considered a good place to live, known for its beautiful estates, affluent community, and upscale amenities. It's one of Georgia's most desirable areas, offering top-ranked schools, a variety of jobs, especially in education, healthcare, finance, and technology, and a rich assortment of dining options. However, it is also one of the most expensive neighborhoods in Atlanta, with a high cost of living reflecting its luxurious lifestyle .
In Buckhead, Atlanta, some of the best schools for children include The Lovett School, which offers K-12 education with a Christian emphasis, and Pace Academy, known for its comprehensive K-12 educational offerings. Another notable institution is the Paideia School, providing a unique PK-12 educational experience. These schools are recognized for their commitment to academic excellence and holistic development.
In Buckhead, the typical property tax rate stands at 0.88%, slightly below the overall rate for the county, which is 0.90%. The amount owed in property taxes is calculated from the property's assessed value, a figure set by local government authorities. In Georgia, the assessment of property values starts on January 1st each year.
In Buckhead, Atlanta, you can indulge in a variety of amenities and leisure activities that cater to all tastes and interests. Start your day with morning coffee at THE CHASTAIN, a New American bistro offering delightful pastries and coffee right across the street from Chastain Memorial Park. For outdoor enthusiasts, Chastain Memorial Park offers a beautiful setting for walks, jogs, and tennis, featuring a state-of-the-art playground, swimming pool, amphitheater, and horse park.
The Atlanta History Center is a must-visit for history buffs, offering 33 acres of exhibitions, historic houses, and gardens. Learn about the city’s past and present through interactive exhibits and the Goizueta Gardens . For a unique, hands-on experience, the Sloomoo Institute Atlanta offers an interactive adventure with slime, perfect for all ages.
Whether you have questions or are ready to find your dream home in this vibrant Atlanta neighborhood, we're here to help. Contact us today for personalized assistance and expert insights into Buckhead's exclusive real estate market. Let's make your home-buying journey in Buckhead an unforgettable experience.
Our comprehensive Buckhead Neighborhood Guide is your key to unlocking the best in dining, shopping, and leisure activities this iconic area has to offer. Whether you're a first-time visitor eager to explore, or a local looking to rediscover your surroundings, our guide promises an insightful journey into the heart of Buckhead. Dive in now and start exploring the charm and elegance of Buckhead today!
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