Atlanta FHA Loans

ATLANTA-SANDY SPRINGS-ALPHARETTA, GA

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Atlanta's 311 lenders originated 39,866 FHA loans during 2021. The total origination value was $9,518,180,000, with an average FHA loan value of $238,754.

Atlanta FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Atlanta averaged 5.83% for the week of 2022-09-23, compared to the national average (all FHA variants) of 6.08% for the same period.

The average rate for the prior week (2022-09-16) was 5.73% and one month ago for the week of 2022-08-19, the average rate was 5.35%.

The average rate one year ago was 2.89%.

For refis of the same type during the week of 2022-09-23, the average rate was 5.59%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Atlanta FHA Loan Lenders by Rates & Fees

The below table looks at the average fees and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Atlanta level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 3,901 2.71% $6,649
HOMESTAR FINANCIAL CORPORATION 2,273 3.06% $7,384
BROKER SOLUTIONS, INC. 1,495 3.30% $8,627
PENNYMAC LOAN SERVICES, LLC 1,442 3.05% $5,316
FREEDOM MORTGAGE CORPORATION 1,294 2.87% $5,663
Mr. Cooper ( Nationstar Mortgage ) 1,149 3.24% $4,562
LAKEVIEW LOAN SERVICING, LLC 987 3.01% $5,171
UNITED WHOLESALE MORTGAGE, LLC 938 2.78% $8,551
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 822 3.22% $8,675
SOUTHEAST MORTGAGE OF GEORGIA, INC. 819 3.12% $11,231
DHI MORTGAGE COMPANY, LTD. 785 2.80% $8,069
Ameris Bank 690 2.87% $8,842
CALIBER HOME LOANS, INC. 661 2.90% $6,712
LOANDEPOT.COM, LLC 646 3.23% $9,095
Lakeview Community Capital, LLC 607 3.03% $4,967
BANKSOUTH MORTGAGE COMPANY, LLC 595 2.76% $9,628
CROSSCOUNTRY MORTGAGE, LLC 512 3.14% $10,060
NEWREZ LLC 502 2.97% $6,047
HOMEBRIDGE FINANCIAL SERVICES, INC. 484 3.03% $9,368
Equity Prime Mortgage LLC 473 3.28% $9,383
VANDERBILT MORTGAGE AND FINANCE, INC. 472 3.09% $8,838
First Option Mortgage, LLC 428 3.28% $9,550
GUILD MORTGAGE COMPANY 418 3.09% $10,892
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 370 3.16% $9,358
Carrington Mortgage Services, LLC 348 3.30% $8,348
VILLAGE CAPITAL MORTGAGE 347 2.89% $2,571
Paramount Residential Mortgage Group, Inc. 345 3.38% $9,538
AmeriHome Mortgage Company, LLC 336 2.95% $4,878
AMERICAN FINANCIAL NETWORK, INC. 311 3.26% $13,630
MOVEMENT MORTGAGE, LLC 302 3.21% $8,107
HOME POINT FINANCIAL CORPORATION 293 2.79% $8,023
EVERETT FINANCIAL, INC. 255 3.72% $7,743
LENDUS, LLC 241 3.20% $9,537
SECURITYNATIONAL MORTGAGE COMPANY 241 3.15% $8,838
PRIMARY RESIDENTIAL MORTGAGE, INC. 236 3.69% $10,616
AMERISAVE MORTGAGE CORPORATION 233 2.95% $8,923
FBC MORTGAGE, LLC 222 3.05% $7,705
Prosperity Home Mortgage, LLC 222 3.30% $8,788
US MORTGAGE CORPORATION 208 3.21% $9,445
ACOPIA, LLC 199 3.36% $9,506
INSPIRE HOME LOANS INC. 192 3.12% $8,608
HOMEOWNERS FINANCIAL GROUP USA, LLC 169 3.32% $9,458
PLANET HOME LENDING, LLC 169 2.81% $5,417
Synovus Bank 165 2.79% $9,847
DAS Acquisition Company, LLC 162 3.27% $9,607
BAY EQUITY LLC 162 3.27% $9,876
THE MORTGAGE FIRM, INC. 161 3.27% $9,285
Capital City Home Loans, LLC 160 2.81% $8,590
First Federal Bank 151 2.95% $9,334
InterContinental Capital Group, Inc 149 2.90% $8,799
PANORAMA MORTGAGE GROUP, LLC 147 3.23% $11,146
SWBC MORTGAGE CORPORATION 146 3.05% $6,690
GUARANTEED RATE, INC. 145 3.10% $8,896
ISERVE RESIDENTIAL LENDING, LLC 143 3.25% $12,926
FIRST COMMUNITY MORTGAGE, INC. 141 3.15% $8,179
MILEND, INC. 136 2.95% $9,779
SOUTHPOINT FINANCIAL SERVICES, INC. 135 3.19% $9,962
Nations Lending Corporation 134 3.11% $9,159
First Guaranty Mortgage Corporation 134 2.94% $6,290
United Community Bank 130 2.89% $7,875
CERTAINTY HOME LOANS, LLC 123 2.96% $8,825
South State Bank 122 2.78% $8,500
VAN DYK MORTGAGE CORPORATION 120 3.16% $6,948
CALCON MUTUAL MORTGAGE LLC 115 3.95% $9,955
STOCKTON MORTGAGE CORPORATION 114 3.21% $9,031
GUARANTEED RATE AFFINITY, LLC 105 2.91% $9,177
SHELTER HOME MORTGAGE, LLC 103 3.19% $9,752
SUCCESS MORTGAGE PARTNERS, INC. 102 3.15% $9,134
Hometown Equity Mortgage, LLC 101 3.56% $11,334
PRIMELENDING, A PLAINSCAPITAL COMPANY 95 3.34% $9,464
NATIONS DIRECT MORTGAGE, LLC 84 3.05% $9,592
ANGEL OAK HOME LOANS LLC 82 3.05% $8,401
Renasant Bank 77 3.12% $7,908
DIRECT LENDERS, LLC 76 3.13% $6,679
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 72 3.11% $9,202
CMG MORTGAGE, INC. 72 3.14% $9,397
Flagstar Bank, FSB 69 2.82% $7,698
South Pacific Financial Corporation 62 2.71% $11,387
HOMESIDE FINANCIAL, LLC 62 3.12% $8,859
PULTE MORTGAGE LLC 61 3.00% $7,656
Goldwater Bank, N.A. 60 3.08% $8,283
Sierra Pacific Mortgage Company, Inc. 60 2.97% $9,012
HOMESPIRE MORTGAGE CORPORATION 59 3.18% $9,180
OCEANSIDE MORTGAGE COMPANY 58 2.82% $3,839
Magnolia Bank 58 3.01% $6,480
MUTUAL OF OMAHA MORTGAGE, INC. 58 2.99% $8,999
EAGLE HOME MORTGAGE, LLC 55 3.15% $10,425
TOP FLITE FINANCIAL, INC. 55 3.48% $13,694
SUMMIT FUNDING, INC. 54 3.48% $10,308
NATIONWIDE MORTGAGE BANKERS, INC. 54 3.05% $11,516
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 52 3.21% $9,006
TJC Mortgage, Inc. 51 3.13% $8,735
UNITED SECURITY FINANCIAL CORP 51 2.78% $6,146
GENEVA FINANCIAL, LLC 50 3.21% $9,765
Bank of England 49 3.20% $9,678
The Federal Savings Bank 47 2.76% $10,174
CONTOUR MORTGAGE CORPORATION 46 3.45% $10,008
ZILLOW HOME LOANS, LLC 45 2.83% $8,437
RADIUS FINANCIAL GROUP INC. 45 2.91% $7,352
OCMBC, INC. 44 2.97% $10,141
Citizens Bank 44 2.83% $9,476
TOWNE MORTGAGE COMPANY 43 3.25% $8,134
RELIANCE FIRST CAPITAL, LLC 43 3.12% $10,688
Regions Bank 42 2.91% $8,031
ON Q FINANCIAL, INC. 42 3.18% $9,522
LIBERTY HOME MORTGAGE CORPORATION 40 3.32% $9,925
Alcova Mortgage LLC 39 3.11% $7,996
CHURCHILL MORTGAGE CORPORATION 38 3.10% $8,392
AMERICAN PACIFIC MORTGAGE CORPORATION 37 3.33% $11,185
KELLER MORTGAGE, LLC 34 2.81% $7,162
SOVEREIGN LENDING GROUP INCORPORATED 34 2.98% $9,672
VICTORY MORTGAGE, L.L.C. 33 2.60% $8,630
Bank of America 33 3.07% $5,694
Mortgage Research Center, LLC 33 3.12% $6,817
Mortgage Assurance Inc. 31 2.71% $7,410
MID AMERICA MORTGAGE, INC. 30 3.26% $4,175
First Home Bank 30 3.43% $9,848
FINANCE OF AMERICA MORTGAGE LLC 29 3.22% $8,004
STEARNS LENDING, LLC 29 2.80% $8,049
Ixonia Bank 29 3.47% $9,675
Evolve Bank & Trust 26 2.86% $7,989
LAND HOME FINANCIAL SERVICES, INC. 26 3.56% $11,428
LEADERONE FINANCIAL CORPORATION 25 3.10% $8,765
Northpointe Bank 24 2.89% $9,458
Atlantic Union Bank 23 3.34% $10,385
JPMorgan Chase Bank 23 3.05% $4,770
EMBRACE HOME LOANS, INC. 22 3.07% $8,576
ARK-LA-TEX FINANCIAL SERVICES, LLC. 22 3.02% $7,101
Commerce Home Mortgage, Inc. 21 3.39% $7,804
Truist 21 2.91% $7,560
MEMBER FIRST MORTGAGE, LLC 21 3.08% $7,031
Manufacturers and Traders Trust Company 21 3.34% $7,201
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 20 3.21% $9,905
MORIA DEVELOPMENT, INC. 19 3.59% $9,147
AMERICAN FINANCING CORPORATION 19 3.04% $8,506
PHH Mortgage Corporation 18 3.22% $5,996
CELEBRITY HOME LOANS, LLC 18 3.33% $9,235
FirstBank 18 2.91% $8,832
Low VA Rates, LLC 18 2.83% $4,662
Wells Fargo Bank 17 3.19% $6,670
MORTGAGE INVESTORS GROUP, INC. 17 3.07% $8,775
PLAZA HOME MORTGAGE, INC. 17 2.94% $7,877
SANCTUARY HOME MORTGAGE LLC 16 3.20% $10,205
Assurance Financial Group, L.L.C. 16 3.02% $8,727
Waterstone Mortgage Corporation 16 3.34% $11,971
DATA MORTGAGE, INC. 15 3.68% $9,970
Barrington Bank & Trust Company, N.A. 15 3.34% $6,811
Victorian Finance, LLC 14 3.21% $9,499
Century Mortgage Company DBA Century Lending Company 14 2.91% $8,633
HANCOCK MORTGAGE PARTNERS, LLC 14 3.14% $7,949
Gateway First Bank 13 3.17% $5,948
AMERICAN FINANCIAL RESOURCES, INC. 13 2.95% $8,670
UNION HOME MORTGAGE CORP. 13 2.82% $8,444
Colten Mortgage, LLC 13 3.31% $6,453
CRESCENT MORTGAGE COMPANY 13 2.93% $8,288
EMM LOANS LLC 13 3.01% $9,263
DEVELOPER'S MORTGAGE COMPANY 12 3.06% $6,956
PNC Bank 12 2.71% $7,594
GUARANTY MORTGAGE SERVICES, L.L.C. 11 3.42% $12,168
RUOFF MORTGAGE COMPANY, INC. 11 3.25% $5,748
BAYSHORE MORTGAGE FUNDING, LLC 11 3.31% $8,675
FLAT BRANCH MORTGAGE, INC. 10 3.76% $8,292
NP, Inc. 10 2.88% $9,274
T2 FINANCIAL LLC 10 3.18% $10,366
Wyndham Capital Mortgage, Inc. 10 2.85% $7,427
BEST CAPITAL FUNDING 10 3.13% $8,075
LOANLEADERS OF AMERICA, INC. 9 3.01% $11,354
ACADEMY MORTGAGE CORPORATION 9 3.35% $9,017
RESIDENTIAL HOME FUNDING CORP. 9 2.93% $12,122
GMFS LLC 9 2.94% $6,532
Amerifirst Financial, Inc. 9 3.36% $9,891
HOME FUNDING CORPORATION 9 3.04% $10,981
Lend Smart Mortgage, LLC 9 3.40% $7,238
United Bank 9 2.90% $7,082
First Heritage Mortgage, LLC 9 2.89% $10,367
MORTGAGE SOLUTIONS OF COLORADO, LLC 9 3.35% $11,569
Residential Mortgage Solutions, Inc. 8 3.02% $9,594
LENDING 3, INC. 8 3.28% $7,995
MICHIGAN MUTUAL, INC. 8 3.06% $7,151
UNITED NORTHERN MORTGAGE BANKERS LIMITED 8 2.89% $10,195
BETTER MORTGAGE CORPORATION 8 2.64% $8,115
SIGNATURE MORTGAGE CORPORATION 7 3.13% $7,245
Christensen Financial, Inc. 7 3.13% $11,117
North American Savings Bank, F.S.B. 7 2.61% $6,683
Prime Choice Funding Inc. 7 2.79% $7,540
FAMILY FIRST FUNDING LLC 7 3.11% $11,707
Home Mortgage Alliance Corp 6 3.22% $9,251
Platinum Home Mortgage Corporation 6 3.29% $11,696
FAY SERVICING, LLC 6 3.15% $7,305
TBI MORTGAGE COMPANY 6 2.60% $10,160
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 6 3.40% $10,017
JMAC LENDING, INC. 5 3.30% $6,681
Acre Mortgage and Financial Inc 5 3.68% $16,374
ALLIED MORTGAGE GROUP, INC. 5 2.90% $7,692
BECKAM FUNDING CORP. 5 4.28% $12,525
FAIR WAY LENDING LLC 5 3.00% $8,696
First Horizon Bank 5 2.85% $8,621
1ST PREFERENCE MORTGAGE CORP. 5 3.38% $7,900
MLD MORTGAGE INC. 5 2.82% $7,301
Peoples Bank 5 3.48% $10,355
Plains Commerce Bank 5 3.05% $8,841
POLARIS HOME FUNDING CORP. 5 3.03% $10,934
United Fidelity Funding Corp. 5 2.90% $9,745
INTERLINC MORTGAGE SERVICES, LLC 4 3.22% $5,480
ENVOY MORTGAGE, LTD 4 3.31% $8,824
Encompass Lending Group, LP 4 3.31% $9,811
GET A RATE LLC 4 2.81% $7,315
ARC HOME LLC 4 2.75% $9,603
Advisors Mortgage Group, L.L.C. 4 3.03% $6,640
COMMUNITY MORTGAGE CORPORATION 4 2.69% $9,256
Loan Simple, Inc. 4 3.15% $8,011
AMERICA'S CHOICE HOME LOANS LP 4 2.84% $8,378
CLEARPATH LENDING 4 2.81% $4,934
NATIONS RELIABLE LENDING, LLC 3 3.83% $21,987
NexBank 3 2.63% $9,764
NFM, INC. 3 2.92% $11,503
A&D Mortgage LLC 3 3.54% $14,036
Fifth Third Bank 3 2.79% $8,274
COMPASS MORTGAGE, INC. 3 3.04% $7,787
LOANPAL, LLC 3 3.04% $12,520
Wolfe Financial, Inc 3 2.96% $13,489
BRIDGELOCK CAPITAL 3 2.99% $9,743
GUARANTY HOME MORTGAGE CORPORATION 3 3.00% $6,403
The Huntington National Bank 3 3.00% $9,416
Colony Bank 3 2.71% $9,227
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 2.92% $13,276
OPEN MORTGAGE, LLC 3 2.58% $7,221
U.S. Bank 3 2.79% $8,896
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 3.00% $5,576
TIAA, FSB 3 2.42% $8,477
JAMES B. NUTTER & COMPANY 3 2.88% $3,805
Shamrock Home Loans, Inc. 3 2.96% $10,053
TOTAL MORTGAGE SERVICES, LLC 3 3.29% $12,755
GSF Mortgage Corporation 3 2.96% $10,834
Network Funding, L.P. 3 2.75% $10,983
SOUTHWEST STAGE FUNDING, LLC 2 3.06% $4,130
EagleBank 2 2.50% $8,583
INTELLILOAN, INC. 2 3.31% $8,764
INLANTA MORTGAGE, INC. 2 2.94% $7,371
Princeton Mortgage Corporation 2 3.13% $8,445
CREDIT UNION FINANCIAL SERVICES, LLC 2 2.81% $3,983
Countybank 2 2.50% $7,387
The Union Bank Company 2 2.81% $6,687
CIS Financial Services, Inc. 2 3.06% $9,444
Willamette Valley Bank 2 3.00% $6,242
Trustmark National Bank 2 2.81% $8,792
First Savings Bank 2 3.75% $12,874
RESOURCE FINANCIAL SERVICES, INC. 2 3.13% $7,365
UNITED HOME LOANS, INC. 2 3.31% $10,152
First Mortgage Solutions, LLC 2 3.44% $9,463
BancorpSouth Bank 2 2.75% $8,372
FIRST HOME MORTGAGE CORPORATION 2 3.25% $7,128
Austin Capital Bank SSB 2 2.44% $7,313
MEGASTAR FINANCIAL CORP. 2 2.69% $8,603
First-Citizens Bank & Trust Company 2 2.63% $8,826
FIRST CHOICE MORTGAGE, INC. 2 3.31% $7,788
Paramount Bank 2 2.75% $9,290
NBKC BANK 2 3.25% $5,707
INTERNATIONAL CITY MORTGAGE, INC. 2 3.63% $7,231
PREMIA MORTGAGE, LLC 2 3.19% $6,243
East Coast Capital Corp. 2 3.00% $11,670
Uwharrie Bank 1 2.25% $7,550
NASA Federal Credit Union 1 3.50% $8,858
Mortgage Network, Inc. 1 3.00% $6,774
MORTGAGE ACCESS CORP. 1 2.75% $7,252
MIDLAND MORTGAGE CORPORATION 1 3.25% $4,943
Mid-Continent Funding, Inc. 1 2.88% $8,405
MDE Home Loans, LLC 1 3.00% $10,990
PARKSIDE LENDING, LLC 1 2.25% $10,632
LENOX FINANCIAL MORTGAGE CORPORATION 1 2.88% $6,935
INTERSTATE HOME LOAN CENTER, INC. 1 3.63% $12,402
PLUS RELOCATION MORTGAGE, LLC 1 3.75% $5,832
INLAND BANK & TRUST 1 3.75% $10,048
HAMILTON HOME LOANS, INC. 1 3.63% $8,292
RAPID MORTGAGE COMPANY 1 3.75% $6,095
George Mason Mortgage, LLC 1 2.75% $8,381
Florida Capital Bank 1 2.88% $8,140
RESIDENTIAL MORTGAGE SERVICES, INC. 1 3.25% $7,981
S1L, Inc. 1 3.88% $16,566
Sandy Spring Bank 1 3.13% $8,756
First Community Bank 1 3.38% $9,173
Firstar Bank 1 2.25% $8,048
SIRVA MORTGAGE, INC. 1 3.00% $10,021
SIWELL, INC. 1 2.75% $4,889
SOUTHERN TRUST MORTGAGE, LLC 1 2.75% $10,904
FIDELITY BANK 1 3.25% $9,479
Stifel Bank and Trust 1 2.63% $5,522
DIRECT MORTGAGE, CORP. 1 3.13% $6,847
Stride Bank 1 3.50% $8,431
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 2.88% $6,740
Sunflower Bank 1 2.25% $18,764
COUNTRYPLACE MORTGAGE, LTD. 1 3.63% $7,584
Community First National Bank 1 2.75% $6,453
CityWorth Mortgage LLC 1 3.88% $8,606
Towne Bank 1 3.63% $1,691
TruHome Solutions, LLC 1 3.25% $7,159
CHAMPIONS MORTGAGE LLC 1 4.50% $7,312
Cadence Bank, N.A. 1 2.75% $10,434
Union Savings Bank 1 2.38% $6,410
BNC National Bank 1 3.25% $7,424
1ST SIGNATURE LENDING, LLC 1 2.88% $11,603
Blue Ridge Bank 1 2.88% $11,124
Bethpage Federal Credit Union 1 3.25% $2,384
Bell Bank 1 3.00% $9,340
NEXERA HOLDING LLC 1 2.63% $10,010
Armed Forces Bank 1 2.75% $11,014
AMERIFIRST FINANCIAL CORPORATION 1 3.88% $15,543
V.I.P. MORTGAGE, INC. 1 3.25% $7,230
AMERICAN ADVISORS GROUP 1 2.25% $10,721
WESTERN EXPRESS LENDING 1 3.75% $15,147
NEW DAY FINANCIAL, LLC 1 3.88% $7,457

The top Atlanta FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 3,901 FHA loans originated. Their average total fees are $6,649, which is $735 lower than the next largest lender, HOMESTAR FINANCIAL CORPORATION.

The lowest fee Atlanta FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE ($2,571), OCEANSIDE MORTGAGE COMPANY ($3,839), MID AMERICA MORTGAGE, INC. ($4,175), Mr. Cooper ( Nationstar Mortgage ) ($4,562) and Low VA Rates, LLC ($4,662).

The lowest rate Atlanta FHA lenders (with over 10 loans originated) are VICTORY MORTGAGE, L.L.C. (2.60%), QUICKEN LOANS, LLC (2.71%), PNC Bank (2.71%), South Pacific Financial Corporation (2.71%) and Mortgage Assurance Inc. (2.71%).

Atlanta FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA BARROW 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA BARTOW 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA BUTTS 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA CARROLL 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA CHEROKEE 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA CLAYTON 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA COBB 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA COWETA 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA DAWSON 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA DEKALB 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA DOUGLAS 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA FAYETTE 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA FORSYTH 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA FULTON 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA GWINNETT 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA HARALSON 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA HEARD 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA HENRY 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA JASPER 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA LAMAR 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA MERIWETHER 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA MORGAN 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA NEWTON 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA PAULDING 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA PICKENS 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA PIKE 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA ROCKDALE 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA SPALDING 2022 $471,500 $603,600 $729,600 $906,750
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA WALTON 2022 $471,500 $603,600 $729,600 $906,750

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Atlanta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $306,950 (13.7%) $420,649 (8.4%) 1.13 31,596
2018-02-01 $312,450 (13.7%) $429,864 (8.1%) 1.13 30,862
2018-03-01 $324,900 (15.0%) $439,915 (6.3%) 1.12 31,786
2018-04-01 $337,000 (13.5%) $459,576 (9.2%) 1.13 33,133
2018-05-01 $341,200 (13.8%) $457,395 (8.3%) 1.14 34,798
2018-06-01 $339,900 (13.3%) $450,984 (7.6%) 1.13 36,707
2018-07-01 $330,772 (11.0%) $442,119 (7.8%) 1.10 39,645
2018-08-01 $325,000 (8.4%) $437,679 (6.5%) 1.09 40,355
2018-09-01 $324,900 (8.3%) $428,724 (4.1%) 1.09 40,907
2018-10-01 $319,450 (6.5%) $428,758 (3.5%) 1.07 43,412
2018-11-01 $319,116 (6.4%) $433,446 (4.3%) 1.07 42,799
2018-12-01 $315,000 (5.0%) $430,358 (3.5%) 1.08 41,239
2019-01-01 $313,950 (2.3%) $426,742 (1.5%) 1.08 38,751
2019-02-01 $317,446 (1.6%) $431,742 (0.4%) 1.06 38,408
2019-03-01 $324,237 (-0.2%) $437,858 (-0.5%) 1.06 39,965
2019-04-01 $329,950 (-2.1%) $441,475 (-3.9%) 1.04 42,472
2019-05-01 $337,510 (-1.1%) $445,536 (-2.6%) 1.04 44,114
2019-06-01 $334,900 (-1.5%) $441,204 (-2.2%) 1.03 45,459
2019-07-01 $329,450 (-0.4%) $437,383 (-1.1%) 1.02 46,695
2019-08-01 $323,803 (-0.4%) $428,339 (-2.1%) 1.02 46,404
2019-09-01 $320,000 (-1.5%) $424,767 (-0.9%) 1.02 45,741
2019-10-01 $322,450 (0.9%) $425,889 (-0.7%) 1.03 45,447
2019-11-01 $325,000 (1.8%) $432,609 (-0.2%) 1.05 42,567
2019-12-01 $319,950 (1.6%) $432,699 (0.5%) 1.07 39,610
2020-01-01 $319,450 (1.8%) $428,857 (0.5%) 1.07 36,029
2020-02-01 $324,816 (2.3%) $437,514 (1.3%) 1.05 34,358
2020-03-01 $329,950 (1.8%) $447,343 (2.2%) 1.03 34,219
2020-04-01 $325,450 (-1.4%) $435,520 (-1.4%) 1.01 37,555
2020-05-01 $334,848 (-0.8%) $448,284 (0.6%) 1.01 36,728
2020-06-01 $347,000 (3.6%) $465,635 (5.5%) 1.01 32,950
2020-07-01 $356,508 (8.2%) $487,217 (11.4%) 1.02 29,473
2020-08-01 $365,000 (12.7%) $499,231 (16.6%) 1.04 27,410
2020-09-01 $369,000 (15.3%) $509,326 (19.9%) 1.05 25,550
2020-10-01 $369,000 (14.4%) $512,528 (20.3%) 1.05 24,793
2020-11-01 $359,950 (10.8%) $509,917 (17.9%) 1.03 22,636
2020-12-01 $354,950 (10.9%) $511,310 (18.2%) 1.04 20,061
2021-01-01 $352,000 (10.2%) $509,032 (18.7%) 1.04 17,249
2021-02-01 $361,183 (11.2%) $525,895 (20.2%) 1.04 14,377
2021-03-01 $366,795 (11.2%) $527,725 (18.0%) 1.03 13,694
2021-04-01 $379,950 (16.8%) $538,171 (23.6%) 1.02 13,808
2021-05-01 $389,900 (16.4%) $550,399 (22.8%) 1.03 14,138
2021-06-01 $394,950 (13.8%) $549,503 (18.0%) 1.03 15,605
2021-07-01 $399,900 (12.2%) $561,007 (15.2%) 1.04 17,254
2021-08-01 $396,000 (8.5%) $546,586 (9.5%) 1.04 18,500
2021-09-01 $397,500 (7.7%) $543,834 (6.8%) 1.05 18,409
2021-10-01 $393,900 (6.8%) $541,183 (5.6%) 1.04 18,203
2021-11-01 $393,980 (9.5%) $544,044 (6.7%) 1.04 17,333
2021-12-01 $389,945 (9.9%) $538,092 (5.2%) 1.04 15,990
2022-01-01 $385,900 (9.6%) $545,479 (7.2%) 1.03 13,416
2022-02-01 $389,950 (8.0%) $566,392 (7.7%) 0.99 12,055
2022-03-01 $399,450 (8.9%) $568,445 (7.7%) 0.99 12,135
2022-04-01 $412,000 (8.4%) $588,140 (9.3%) 0.97 12,593
2022-05-01 $427,950 (9.8%) $601,700 (9.3%) 0.96 15,632
2022-06-01 $445,000 (12.7%) $611,493 (11.3%) 0.99 19,257
2022-07-01 $434,900 (8.8%) $588,752 (5.0%) 0.97 25,063
2022-08-01 $424,975 (7.3%) $574,497 (5.1%) 0.98 27,516
Atlanta's median listing price for 2022-08-01 was $424,975, a difference of $28,975 (7.3%) versus the prior year and $-9,925 versus the prior month.

Atlanta's median listing price comes in at 98% of the national average.

Atlanta's average listing price for 2022-08-01 was $574,497, a difference of $27,911 (5.1%) versus the prior year and $-14,255 versus the prior month.

For the 2022-08-01 period, Atlanta had 27,516 MLS listings, a difference of 2,453 listings (10%) versus the prior month and 9,016 listings (49%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Atlanta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 68 days 2,587 sqft
2018-02-01 54 days 2,609 sqft
2018-03-01 43 days 2,650 sqft
2018-04-01 44 days 2,710 sqft
2018-05-01 44 days 2,702 sqft
2018-06-01 45 days 2,678 sqft
2018-07-01 46 days 2,635 sqft
2018-08-01 49 days 2,604 sqft
2018-09-01 51 days 2,580 sqft
2018-10-01 54 days 2,550 sqft
2018-11-01 55 days 2,545 sqft
2018-12-01 64 days 2,529 sqft
2019-01-01 67 days 2,494 sqft
2019-02-01 56 days 2,483 sqft
2019-03-01 49 days 2,531 sqft
2019-04-01 46 days 2,572 sqft
2019-05-01 47 days 2,600 sqft
2019-06-01 49 days 2,588 sqft
2019-07-01 52 days 2,559 sqft
2019-08-01 52 days 2,525 sqft
2019-09-01 56 days 2,498 sqft
2019-10-01 53 days 2,498 sqft
2019-11-01 56 days 2,489 sqft
2019-12-01 64 days 2,457 sqft
2020-01-01 67 days 2,445 sqft
2020-02-01 57 days 2,459 sqft
2020-03-01 49 days 2,478 sqft
2020-04-01 49 days 2,424 sqft
2020-05-01 56 days 2,437 sqft
2020-06-01 52 days 2,458 sqft
2020-07-01 49 days 2,476 sqft
2020-08-01 44 days 2,448 sqft
2020-09-01 42 days 2,397 sqft
2020-10-01 43 days 2,361 sqft
2020-11-01 46 days 2,295 sqft
2020-12-01 52 days 2,250 sqft
2021-01-01 54 days 2,227 sqft
2021-02-01 42 days 2,198 sqft
2021-03-01 38 days 2,206 sqft
2021-04-01 35 days 2,250 sqft
2021-05-01 33 days 2,247 sqft
2021-06-01 33 days 2,271 sqft
2021-07-01 32 days 2,272 sqft
2021-08-01 34 days 2,233 sqft
2021-09-01 36 days 2,216 sqft
2021-10-01 37 days 2,181 sqft
2021-11-01 38 days 2,174 sqft
2021-12-01 43 days 2,143 sqft
2022-01-01 46 days 2,112 sqft
2022-02-01 36 days 2,092 sqft
2022-03-01 33 days 2,094 sqft
2022-04-01 31 days 2,154 sqft
2022-05-01 29 days 2,230 sqft
2022-06-01 26 days 2,297 sqft
2022-07-01 29 days 2,288 sqft
2022-08-01 35 days 2,264 sqft
Atlanta's median listing age (time on market) for 2022-08-01 was 35 days. This is 1% longer than the same period one year ago.

Atlanta's median square footage for active listings during the 2022-08-01 period was 2,264 sqft. One year prior, the average listing was 2,233 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).