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  • Axios Atlanta

    Checking the temp on hot Atlanta neighborhooods

    By Thomas Wheatley,

    14 days ago

    Homebuyers the past few years have endured a lot, including high interest rates, not many choices and ever-increasing down payment amounts.

    State of play: "The market is like a teenager — unpredictable and volatile," Vanessa Reilly of Domo Realty told Axios.


    • "There are some houses that are selling within the first weekend they are listed and others that are sitting collecting dust."

    By the numbers: Inventory is up — there were roughly 16,000 active listings in metro Atlanta on the MLS in April, compared to about 12,000 homes one year prior, Reilly says.

    • However, some houses are sitting on the market longer. Prices have not budged despite higher interest rates and increased supply.

    Yes, but: Plenty of people are still chasing the American dream of homeownership, and real estate agents have plenty of clients to juggle.

    Zoom out: The eternally desirable places to live in Atlanta — Decatur, Cabbagetown, Virginia-Highland — all share a sense of community. But they're not the only ones.

    • Here are some of the other spots to shop for your new home.

    Northwoods

    The circa early 1950s midcentury modern time capsule in north DeKalb County is a sought-after address for first-time homebuyers looking for architectural charm.

    Median home price: $445,000 .

    Best restaurants: Taquerias, mile-long ramen noodles and Korean BBQ are all less than a mile down the road on Buford Highway.

    Things to do: Dynamo Chamblee, DeKalb-Peachtree Airport Playground, Plaza Fiesta.

    Fun fact: The community began as a planned development for workers in Doraville's General Motors Assembly Plant (now Assembly Atlanta ) and Lockheed in Marietta.

    We love: 3440 Havalyn Lane (pictured above). This 4-bedroom, 2-bath balances its mid-century modern roots with appliance updates like a Sub-Zero refrigerator and Wolf range.

    West End

    The epicenter of the Beltline Westside Trail boom has a rich history, MARTA rail station and strong neighborhood bonds.

    Median home price: $299,000 .

    Best restaurants: Tassili's Raw Reality, Boggs Social and Supply, Firewall.

    Things to do: Walk, jog and bike the Westside Trail, drink a beer at Monday Night Garage and see an exhibit at the Hammonds House Museum .

    Fun fact: Whitehall Street is named after a long-gone 1830s tavern in West End.

    Marietta

    Great schools, a postcard-perfect downtown with a vibrant nightlife and tree-lined streets make for a strong suburb.

    Median home price: $500,000 .

    Best restaurants: Spring, Hamp and Harry's, Cool Beans.

    Things to do: Festivals on The Square, Kennesaw Mountain National Battlefield Park, North Georgia State Fair.

    Fun fact: Union soldiers who participated in the Great Locomotive Chase spent the night before the daring mission in what today is known as the Kennesaw House .

    Hapeville

    Downtown investments and community building have transformed the once-sleepy suburb into one of metro Atlanta's sleeper cities for first-time homebuyers.

    Median home price: $350,000 .

    Best restaurants: Volare Wine and Bistro, Don Chon Taqueria, Paper Plane, Mami's La Cubana.

    Things to do: Delta Museum, Porsche Center test drives, community events aplenty .

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