Buckhead is located just north of the downtown area. Although recognized as one of the largest commercial districts of Atlanta, Buckhead has consistently been adding residential spaces since the early 1900s. Buckhead has a wide variety of residences from historic southern architecture for the single family homes with a modern touch to the newly developed apartments and condominiums. Buckhead is well known for its unique shopping boutiques and stylish art galleries which have continued attracting residents seeking an urban lifestyle. Buckhead currently has 278 single family homes for sale with an average list price of $2,026,125, 67 townhouses for sale with an average list price of $722,467, 263 condos for sale with an average list price of $798,369, and 48 lots for sale with an average list price of $1,883,834. The average annual property tax for Buckhead is $7,771.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Buckhead, i.e. what's hot and what's not. See What's Hot & What's Not in Buckhead
Buckhead home sales for the month of April decreased in volume by 22.3% when compared to last year, while the median sale price rose by 10.9% from $471,200 to $522,500. House sales decreased by 23.5%, while the median sale price rose by 11.1% from $1,035,000 to $1,150,000. Condo sales decreased by 20.9%, while the median sale price rose by 18% from $255,000 to $301,000. Townhouse sales decreased by 24.3%, while the median sale price rose by 58.2% from $386,000 to $610,500.
7335
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9090
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2020 | 2021 | ||
# of sales per year |
$489,900
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$467,750
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2020 | 2021 | ||
median sale price per year |