Price Check National Edition

5 homes for sale in Atlanta, where a house costs less than an outer-borough NYC apartment

By Rebecca Fishbein | April 12, 2018 - 12:00PM 

This three-bedroom beauty in Sweet Auburn has a welcoming front porch.

First Multiple Listing Service

As New York housing costs continue their inexorable rise, New Yorkers are fleeing for more affordable cities, where it's possible to own a house without running a bank. The state lost nearly 200,000 residents from 2015 to 2016, including nearly 45,000 who bailed on Brooklyn, making New York the biggest net people loser of any state (new immigrants and births more than made up the difference). In Atlanta, Georgia, house prices are steadily rising, and inventory is decreasing, but the median sales price is still just $239,000. And in suburban Clayton County, just south of the city, the average wage earner spends just 12 percent of her income on housing, making it the fourth most affordable county in the country by that measure.

In addition to affordable real estate, Atlanta has a vibrant food scene, a music and entertainment industry with a global reach, storied arts and civil rights institutions, and 3,000 acres of parkland. 

If you're considering a move, or just daydreaming about one, here's a sampling of house and apartments for sale down there.

First Multiple Listing Service

235 Glenwood Ave. SE, Grant Park

This sweet little bungalow has three bedrooms, two bathrooms, and a large front porch. The kitchen is newly renovated, and there are hardwood floors and a central cooling system. There's also a fenced-in backyard. The house is five blocks from Grant Park (the park), home to 131 acres of green space and Zoo Atlanta. The house is listed for $385,000.

Keller Williams Realty

1467 Monroe Dr NE, Apt. 1, Morningside-Lenox Park

This multi-level three-bedroom, four-bath condo will tempt folks in search of outdoor space. It features three large decks with a view of Atlanta's Midtown, a walkout patio with a fenced backyard, and skylights on the upper level. It's also close to Piedmont Park and the BeltLine. The latter is essentially Atlanta's High Line, an old railroad track that's been transformed into a public park complete with trails, public art, restaurants, and bars. It's listed for $439,990.

Georgia MLS

624 Memorial Dr. SE, #0, Cabbagetown

Another bungalow, this four-bedroom, two-bath beauty boasts three fireplaces, crown molding, a sun room, and a built-in dog house. Though the house was built in 1920, it's been renovated recently, with snazzy-stainless steel kitchen appliances and a Jacuzzi tub in the master bathroom. The house is located in Cabbagetown, a historic neighborhood that served as a mill town after the Civil War, and is now home to a smattering of cute cafes, bars, and parks. The asking price is $499,000.

Keller Williams Realty

395 Central Park Pl. NE, #420, Old Fourth Ward

This funky two-bedroom, two-bath corner loft has exposed brick walls, industrial ceilings, and floor-to-ceiling windows. Other highlights include a chef's kitchen with stainless-steel appliances, concrete floors, and a private balcony. It's in a gentrifying, culturally and architecturally mixed neighborhood, across from Atlanta's Central Park, which is a bit humbler than its namesake. Listing price: $339,000.

First Multiple Listing Service

811 Ponce De Leon Pl. NE, Virginia-Highland

This gorgeous five-bedroom, three-bath bungalow has heart-pine floors, a master suite with great views, and a big backyard. It's located in Virginia-Highland, a high-end neighborhood with a vibrant bar and restaurant scene and bungalow-style houses near the Atlanta Botanical Gardens. It's listed for $850,00.



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