Atlanta FHA Loan Rates, Closing Costs & Stats

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 316 lenders originated 25,392 FHA loans during 2022. The total origination value was $7,244,960,000, with an average FHA loan value of $285,325.

Atlanta FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Atlanta averaged 6.03% for the week of 2023-05-26, compared to the national average (all FHA variants) of 6.612% for the same period.

Atlanta's average FHA mortgage closing costs are $8,101.

The average rate for the prior week (2023-05-19) was 6.2% and one month ago for the week of 2023-04-21, the average rate was 6.04%.

The average rate one year ago was 4.76%.

For refis of the same type during the week of 2023-05-26, the average rate was 5.15%.

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/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Atlanta level.

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 2,319 4.44% $11,266
UNITED WHOLESALE MORTGAGE, LLC 1,322 4.91% $11,774
HOMESTAR FINANCIAL CORPORATION 1,299 4.89% $10,278
BROKER SOLUTIONS, INC. 1,082 5.12% $12,374
EVERETT FINANCIAL, INC. 764 5.65% $8,191
LOANDEPOT.COM, LLC 706 4.73% $12,122
DHI MORTGAGE COMPANY, LTD. 627 4.29% $11,429
PENNYMAC LOAN SERVICES, LLC 582 4.15% $10,718
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 561 5.16% $11,557
FREEDOM MORTGAGE CORPORATION 547 4.77% $11,008
Mr. Cooper ( Nationstar Mortgage ) 527 4.45% $12,688
SOUTHEAST MORTGAGE OF GEORGIA, INC. 513 5.00% $13,165
Ameris Bank 478 4.76% $12,589
CROSSCOUNTRY MORTGAGE, LLC 415 5.12% $13,276
BANKSOUTH MORTGAGE COMPANY, LLC 413 4.74% $12,152
CALIBER HOME LOANS, INC. 367 4.68% $11,165
HOMEBRIDGE FINANCIAL SERVICES, INC. 348 4.81% $12,797
MOVEMENT MORTGAGE, LLC 341 5.04% $11,102
CARDINAL FINANCIAL 330 4.90% $12,904
AMERISAVE MORTGAGE CORPORATION 308 4.50% $13,696
Carrington Mortgage Services, LLC 306 5.09% $12,680
VANDERBILT MORTGAGE AND FINANCE, INC. 275 4.87% $11,852
Equity Prime Mortgage LLC 272 5.17% $12,742
AMERICAN FINANCING CORPORATION 248 5.07% $11,387
NEWREZ LLC 243 4.81% $10,597
LAKEVIEW LOAN SERVICING, LLC 242 4.07% $7,894
First Option Mortgage, LLC 242 5.39% $13,357
Paramount Residential Mortgage Group, Inc. 228 5.10% $13,123
MILEND, INC. 194 5.16% $15,086
HOMEOWNERS FINANCIAL GROUP USA, LLC 193 5.24% $13,655
INSPIRE HOME LOANS INC. 184 5.29% $12,009
HOME POINT FINANCIAL CORPORATION 176 4.28% $10,993
Lakeview Community Capital, LLC 166 4.07% $7,742
SECURITYNATIONAL MORTGAGE COMPANY 158 4.98% $12,332
GUARANTEED RATE, INC. 158 5.10% $12,120
Synovus Bank 152 4.76% $11,920
ACOPIA, LLC 152 5.34% $11,924
US MORTGAGE CORPORATION 139 5.18% $13,836
Prosperity Home Mortgage, LLC 138 5.05% $11,031
Nations Lending Corporation 130 5.33% $13,665
Flagstar Bank, FSB 130 4.87% $11,182
CALCON MUTUAL MORTGAGE LLC 123 5.61% $15,579
STOCKTON MORTGAGE CORPORATION 122 4.78% $11,216
GUILD MORTGAGE COMPANY 115 4.91% $15,166
SOUTHPOINT FINANCIAL SERVICES, INC. 105 5.04% $12,822
FIRST COMMUNITY MORTGAGE, INC. 105 5.32% $12,366
VAN DYK MORTGAGE CORPORATION 98 5.44% $8,676
THE MORTGAGE FIRM, INC. 97 5.32% $12,574
BAY EQUITY LLC 94 4.82% $13,734
DAS Acquisition Company, LLC 92 5.29% $12,786
TOP FLITE FINANCIAL, INC. 91 5.35% $17,272
GUARANTEED RATE AFFINITY, LLC 84 5.10% $11,601
PANORAMA MORTGAGE GROUP, LLC 84 5.78% $14,463
CERTAINTY HOME LOANS, LLC 82 5.20% $10,733
NFM, INC. 82 6.11% $11,604
PLANET HOME LENDING, LLC 81 4.09% $9,326
MUTUAL OF OMAHA MORTGAGE, INC. 80 5.05% $13,155
SWBC MORTGAGE CORPORATION 79 5.12% $8,820
SHELTER HOME MORTGAGE, LLC 79 4.92% $12,384
PRIMARY RESIDENTIAL MORTGAGE, INC. 77 5.25% $12,246
NATIONS DIRECT MORTGAGE, LLC 74 4.66% $12,116
EAGLE HOME MORTGAGE, LLC 72 4.91% $13,160
JPMorgan Chase Bank 71 4.83% $6,717
HOMESIDE FINANCIAL, LLC 69 4.94% $11,566
Capital City Home Loans, LLC 68 4.79% $11,571
CMG MORTGAGE, INC. 68 4.40% $10,460
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 67 5.31% $11,144
Regions Bank 66 5.27% $11,072
PRIMELENDING, A PLAINSCAPITAL COMPANY 65 4.89% $12,471
VILLAGE CAPITAL MORTGAGE 65 3.87% $7,513
NATIONWIDE MORTGAGE BANKERS, INC. 62 5.62% $15,005
Renasant Bank 62 5.17% $10,607
Magnolia Bank 62 4.75% $9,176
FBC MORTGAGE, LLC 61 5.31% $11,863
AMERICAN PACIFIC MORTGAGE CORPORATION 59 5.09% $13,111
Century Mortgage Company DBA Century Lending Company 58 4.73% $12,615
First Federal Bank 57 4.44% $10,523
GENEVA FINANCIAL, LLC 55 5.02% $13,161
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 51 4.89% $12,409
TJC Mortgage, Inc. 51 4.76% $12,291
OCMBC, INC. 50 5.21% $13,367
South State Bank 50 4.55% $10,189
SUMMIT FUNDING, INC. 50 5.27% $13,691
DIRECT LENDERS, LLC 49 5.22% $7,493
PULTE MORTGAGE LLC 48 5.00% $10,523
RELIANCE FIRST CAPITAL, LLC 45 4.63% $11,835
AmeriHome Mortgage Company, LLC 45 4.93% $10,781
The Federal Savings Bank 44 4.71% $15,430
Goldwater Bank, N.A. 42 4.89% $11,128
ZILLOW HOME LOANS, LLC 42 4.77% $10,095
LIBERTY HOME MORTGAGE CORPORATION 42 5.32% $11,501
Acre Mortgage and Financial Inc 41 4.95% $20,231
First Guaranty Mortgage Corporation 41 3.93% $9,855
CONTOUR MORTGAGE CORPORATION 40 5.29% $13,443
United Community Bank 39 4.95% $9,238
Alcova Mortgage LLC 38 5.13% $10,565
SUCCESS MORTGAGE PARTNERS, INC. 37 5.07% $12,076
Bank of England 36 5.03% $11,900
Mortgage Research Center, LLC 34 5.48% $9,165
Plains Commerce Bank 34 5.59% $11,953
Northpointe Bank 33 4.83% $12,566
Hometown Equity Mortgage, LLC 32 5.38% $14,714
Truist 31 4.66% $9,439
RADIUS FINANCIAL GROUP INC. 31 4.89% $10,560
Bank of America 30 4.52% $8,957
M&T Bank 28 4.24% $8,792
Mortgage Assurance Inc. 28 4.41% $9,997
TOWNE MORTGAGE COMPANY 28 4.88% $11,450
MID AMERICA MORTGAGE, INC. 28 5.87% $7,951
PLAZA HOME MORTGAGE, INC. 27 5.17% $13,326
Wells Fargo Bank 27 4.54% $6,546
Princeton Mortgage Corporation 26 4.54% $12,027
HOMESPIRE MORTGAGE CORPORATION 25 5.25% $12,770
Atlantic Union Bank 25 5.10% $12,709
ARK-LA-TEX FINANCIAL SERVICES, LLC. 23 4.84% $9,930
EMBRACE HOME LOANS, INC. 22 5.05% $13,076
THRIVE MORTGAGE, LLC 22 6.37% $12,187
CHURCHILL MORTGAGE CORPORATION 21 4.80% $11,266
MORTGAGE SOLUTIONS OF COLORADO, LLC 21 4.82% $13,989
ISERVE RESIDENTIAL LENDING, LLC 20 4.15% $13,735
Cornerstone First Mortgage, Inc 20 5.61% $12,864
MEMBER FIRST MORTGAGE, LLC 20 5.16% $11,285
Wyndham Capital Mortgage, Inc. 19 4.76% $9,655
MORTGAGE INVESTORS GROUP, INC. 19 5.38% $10,126
Gateway First Bank 18 5.22% $10,041
Citizens Bank 18 3.91% $9,859
FirstBank 18 4.67% $9,146
First Home Bank 18 4.99% $15,714
LOANLEADERS OF AMERICA, INC. 18 4.99% $15,478
Waterstone Mortgage Corporation 18 4.99% $14,228
RESIDENTIAL BANCORP. 17 4.65% $12,617
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 17 5.46% $13,054
AMERICAN FINANCIAL RESOURCES, INC. 16 5.52% $10,586
SOVEREIGN LENDING GROUP INCORPORATED 16 4.52% $11,551
ANGEL OAK HOME LOANS LLC 15 5.03% $11,763
MORIA DEVELOPMENT, INC. 15 4.85% $11,088
ON Q FINANCIAL, INC. 15 4.71% $9,792
Peoples Bank 15 5.02% $13,457
South Pacific Financial Corporation 14 4.33% $14,790
Assurance Financial Group, L.L.C. 14 5.50% $11,565
FINANCE OF AMERICA MORTGAGE LLC 14 4.69% $11,408
BancorpSouth Bank 14 5.04% $9,906
LOANPAL, LLC 14 4.17% $12,819
ASPIRE FINANCIAL, INC. 14 4.41% $10,823
PHH Mortgage Corporation 13 4.31% $10,281
LAND HOME FINANCIAL SERVICES, INC. 13 5.52% $13,629
PNC Bank 13 4.58% $9,158
VICTORY MORTGAGE, L.L.C. 13 4.35% $10,533
KELLER MORTGAGE, LLC 12 5.04% $9,422
UNITED SECURITY FINANCIAL CORP 12 5.97% $15,307
Ixonia Bank 12 5.08% $14,133
DATA MORTGAGE, INC. 12 4.83% $11,826
GMFS LLC 12 4.38% $8,166
Evolve Bank & Trust 11 4.80% $11,114
CRESCENT MORTGAGE COMPANY 11 5.19% $9,370
ACADEMY MORTGAGE CORPORATION 11 5.58% $11,822
LEADERONE FINANCIAL CORPORATION 11 4.19% $11,624
EMM LOANS LLC 11 4.44% $13,913
Barrington Bank & Trust Company, N.A. 11 5.10% $9,073
First Heritage Mortgage, LLC 10 5.53% $15,695
United Bank 10 4.28% $8,842
Amerifirst Financial, Inc. 9 5.63% $10,525
Loan Simple, Inc. 9 5.83% $12,042
NBKC BANK 9 5.03% $8,994
PENTAGON FEDERAL CREDIT UNION 9 5.46% $9,350
Colony Bank 9 5.08% $10,606
COMMUNITY MORTGAGE CORPORATION 9 4.82% $8,696
T2 FINANCIAL LLC 9 5.26% $13,439
CANOPY MORTGAGE, LLC 8 6.48% $10,847
CityWorth Mortgage LLC 8 4.75% $14,675
OCEANSIDE MORTGAGE COMPANY 8 4.83% $5,381
NATIONS RELIABLE LENDING, LLC 8 5.14% $13,770
ALLIED MORTGAGE GROUP, INC. 8 5.31% $9,928
DEVELOPER'S MORTGAGE COMPANY 8 4.86% $8,139
MICHIGAN MUTUAL, INC. 7 5.05% $13,328
North American Savings Bank, F.S.B. 7 4.93% $8,937
OPEN MORTGAGE, LLC 7 5.98% $14,399
Paramount Bank 7 4.46% $9,309
Victorian Finance, LLC 7 4.82% $11,658
GUARANTY MORTGAGE SERVICES, L.L.C. 7 5.80% $14,935
U.S. Bank 6 4.83% $9,447
FLAT BRANCH MORTGAGE, INC. 6 4.48% $12,074
Credence Funding Corporation 6 4.56% $12,499
MY MORTGAGE, INC. 6 5.10% $12,909
NEXERA HOLDING LLC 6 4.65% $9,342
Shamrock Home Loans, Inc. 6 4.23% $10,460
GERSHMAN INVESTMENT CORP. 6 4.75% $9,438
UNION HOME MORTGAGE CORP. 6 4.94% $10,693
RAPID MORTGAGE COMPANY 6 5.15% $13,509
First Savings Bank 6 4.58% $14,068
ENVOY MORTGAGE, LTD 6 5.71% $9,567
OAKTREE FUNDING CORP. 5 5.68% $16,748
JAMES B. NUTTER & COMPANY 5 4.73% $7,562
HOME FUNDING CORPORATION 5 5.25% $14,990
UNITED NORTHERN MORTGAGE BANKERS LIMITED 5 5.80% $12,700
The Union Bank Company 5 4.60% $13,868
Texana Bank 5 4.45% $11,085
Sierra Pacific Mortgage Company, Inc. 5 4.83% $9,581
DELMAR FINANCIAL COMPANY 5 5.25% $10,715
Residential Mortgage Solutions, Inc. 5 5.25% $15,201
SANCTUARY HOME MORTGAGE LLC 4 5.53% $13,489
Fifth Third Bank 4 3.81% $7,900
RUOFF MORTGAGE COMPANY, INC. 4 4.53% $11,619
Platinum Home Mortgage Corporation 4 4.84% $14,640
First Horizon Bank 4 5.38% $13,426
RESIDENTIAL HOME FUNDING CORP. 4 4.63% $11,843
BAYSHORE MORTGAGE FUNDING, LLC 4 5.59% $15,600
ARC HOME LLC 4 4.97% $10,568
BNC National Bank 4 4.13% $9,162
AMERIFIRST FINANCIAL CORPORATION 4 6.00% $12,537
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 4 4.84% $13,948
Willamette Valley Bank 4 4.50% $11,719
CITY FIRST MORTGAGE SERVICES, L.L.C. 4 6.13% $11,921
BECKAM FUNDING CORP. 4 5.13% $17,368
PLUS RELOCATION MORTGAGE, LLC 4 5.38% $9,854
FAY SERVICING, LLC 3 4.29% $9,942
Neighborhood Loans, Inc. 3 5.88% $13,684
Advisors Mortgage Group, L.L.C. 3 4.08% $11,592
First Internet Bank of Indiana 3 5.58% $8,854
Wolfe Financial, Inc 3 6.21% $12,214
CLEARPATH LENDING 3 3.54% $8,477
CASTLE & COOKE MORTGAGE, LLC 3 4.88% $11,905
BETTER MORTGAGE CORPORATION 3 5.17% $11,313
ROUNDPOINT MORTGAGE SERVICING CORPORATION 3 4.63% $14,463
ROYAL UNITED MORTGAGE LLC 3 4.96% $10,695
BELEM SERVICING LLC 3 2.96% $12,082
Franklin Loan Corporation 3 5.83% $15,831
1ST PREFERENCE MORTGAGE CORP. 3 5.54% $8,007
TOTAL MORTGAGE SERVICES, LLC 3 6.33% $10,854
Towne Bank 3 4.04% $10,581
MLD MORTGAGE INC. 3 4.75% $8,716
NVR Mortgage Finance, Inc. 2 5.19% $14,689
INTERCAP LENDING INC. 2 5.63% $16,411
Notre Dame Federal Credit Union Corporation 2 5.63% $9,589
Centennial Bank 2 5.13% $11,344
NMSI, INC. 2 4.25% $12,188
NJ LENDERS CORP. 2 7.06% $9,017
HANCOCK MORTGAGE PARTNERS, LLC 2 4.63% $11,782
NEW DAY FINANCIAL, LLC 2 6.19% $15,889
V.I.P. MORTGAGE, INC. 2 4.44% $12,095
LOANFLIGHT LENDING, LLC 2 5.63% $12,894
Bell Bank 2 5.19% $10,585
Southern First Bank 2 4.69% $9,159
HOMEXPRESS MORTGAGE CORP. 2 4.88% $13,938
First United Bank and Trust Company 2 5.69% $11,151
Sunflower Bank 2 5.69% $16,478
Austin Capital Bank SSB 2 5.56% $16,162
Meridian Bank Corporation 2 4.50% $11,116
Arvest Bank 2 5.63% $7,405
MEGASTAR FINANCIAL CORP. 2 4.50% $9,305
MIDLAND MORTGAGE CORPORATION 2 5.44% $13,957
GEO-CORP, INC. 2 5.31% $10,974
TruHome Solutions, LLC 2 4.38% $9,921
AMERICA'S CHOICE HOME LOANS LP 2 3.56% $9,872
MORTGAGE ACCESS CORP. 2 4.44% $12,042
Commerce Home Mortgage, Inc. 2 6.00% $11,053
COMPASS MORTGAGE, INC. 2 4.88% $12,647
Pinnacle Bank 2 6.19% $13,024
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 5.69% $12,340
Kwik Mortgage Corporation 2 4.63% $8,332
INTERLINC MORTGAGE SERVICES, LLC 2 4.94% $3,424
George Mason Mortgage, LLC 1 4.99% $10,309
Simmons Bank 1 6.13% $10,149
SIRVA MORTGAGE, INC. 1 5.63% $10,262
SIWELL, INC. 1 2.25% $2,742
JMAC LENDING, INC. 1 3.00% $3,908
United Fidelity Funding Corp. 1 6.38% $22,992
INLANTA MORTGAGE, INC. 1 6.13% $6,654
HAMILTON HOME LOANS, INC. 1 4.38% $9,237
DIRECT MORTGAGE LOANS, LLC 1 5.38% $19,191
SOUTHWEST STAGE FUNDING, LLC 1 5.75% $11,406
IMPAC MORTGAGE CORP. 1 5.25% $9,482
SRP Federal Credit Union 1 4.50% $15,000
NATION ONE MORTGAGE CORPORATION 1 6.50% $21,312
Mortgage Network, Inc. 1 3.38% $13,581
FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.13% $14,191
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 5.25% $13,618
University Bank 1 5.50% $19,797
Atlantic Coast Mortgage, LLC 1 5.13% $13,745
HOMESTEAD FUNDING CORP. 1 6.25% $12,284
DRAPER AND KRAMER MORTGAGE CORP. 1 5.13% $9,835
The Central Trust Bank 1 4.75% $12,731
A&D Mortgage LLC 1 3.75% $6,401
The Huntington National Bank 1 3.75% $8,838
MORTGAGE EQUITY PARTNERS LLC 1 4.25% $12,026
Encompass Lending Group, LP 1 5.13% $12,501
KINECTA 1 4.75% $13,528
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 4.00% $7,285
POLARIS HOME FUNDING CORP. 1 5.63% $24,754
PREMIA MORTGAGE, LLC 1 4.75% $8,492
PREMIER LENDING, INC. 1 6.75% $16,198
Presidential Bank, FSB 1 5.25% $8,583
CITYWIDE HOME LOANS, LLC 1 5.25% $9,316
FAIR WAY LENDING LLC 1 5.75% $12,770
CIS Financial Services, Inc. 1 2.88% $10,135
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 5.75% $9,445
GUARANTY HOME MORTGAGE CORPORATION 1 6.63% $5,169
Queensborough National Bank & Trust Company 1 5.38% $8,914
Carrollton Bank 1 5.13% $10,415
INTELLILOAN, INC. 1 4.75% $13,575
Colonial Savings, F.A. 1 5.38% $14,597
BRIDGELOCK CAPITAL 1 2.99% $8,983
FIRST MORTGAGE COMPANY, INC. 1 4.25% $19,555
JMJ FINANCIAL GROUP 1 4.25% $15,549
First International Bank & Trust 1 5.50% $15,076
NexBank 1 4.13% $9,648
EVANSVILLE TEACHERS 1 3.75% $11,323
Hamilton Mortgage Corporation 1 5.50% $12,188
MORTGAGEONE, INC. 1 5.63% $11,679
Network Funding, L.P. 1 3.88% $10,019
S1L, Inc. 1 6.75% $10,525
LEGEND LENDING CORPORATION 1 6.25% $7,274
Bethpage Federal Credit Union 1 3.00% $2,476
Semper Home Loans, Inc. 1 3.75% $11,597
FIRST HOME MORTGAGE CORPORATION 1 4.25% $22,220
BEST CAPITAL FUNDING 1 3.63% $10,183

The top Atlanta FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 2,319 FHA loans originated. Their average total fees are $11,266, which is $508 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Atlanta FHA lenders (with over 10 loans originated) are Wells Fargo Bank ($6,546), JPMorgan Chase Bank ($6,717), DIRECT LENDERS, LLC ($7,493), VILLAGE CAPITAL MORTGAGE ($7,513) and Lakeview Community Capital, LLC ($7,742).

The lowest rate Atlanta FHA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (3.87%), Citizens Bank (3.91%), First Guaranty Mortgage Corporation (3.93%), Lakeview Community Capital, LLC (4.07%) and LAKEVIEW LOAN SERVICING, LLC (4.07%).

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
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA BARROW 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA BARTOW 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA BUTTS 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA CARROLL 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA CHEROKEE 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA CLAYTON 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA COBB 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA COWETA 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA DAWSON 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA DEKALB 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA DOUGLAS 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA FAYETTE 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA FORSYTH 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA FULTON 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA GWINNETT 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA HARALSON 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA HEARD 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA HENRY 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA JASPER 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA LAMAR 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA MERIWETHER 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA MORGAN 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA NEWTON 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA PAULDING 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA PICKENS 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA PIKE 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA ROCKDALE 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA SPALDING 2023 $592,250 $758,200 $916,450 $1,138,950
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA WALTON 2023 $592,250 $758,200 $916,450 $1,138,950

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 $302,500 (12.3%) $421,191 (8.5%) 1.12 21,595
2018-02-01 $311,900 (13.2%) $430,962 (7.8%) 1.13 20,996
2018-03-01 $324,815 (14.6%) $443,036 (7.2%) 1.14 21,476
2018-04-01 $336,883 (12.9%) $460,539 (8.8%) 1.14 22,027
2018-05-01 $339,450 (13.2%) $460,893 (8.3%) 1.13 22,849
2018-06-01 $339,900 (13.3%) $458,975 (8.6%) 1.13 23,823
2018-07-01 $329,792 (10.5%) $443,449 (7.3%) 1.10 25,494
2018-08-01 $325,000 (10.2%) $442,694 (7.7%) 1.09 25,883
2018-09-01 $324,348 (9.6%) $432,447 (5.8%) 1.09 26,306
2018-10-01 $315,748 (6.3%) $430,111 (4.4%) 1.07 28,359
2018-11-01 $315,350 (5.6%) $434,424 (5.1%) 1.07 28,029
2018-12-01 $313,482 (4.5%) $432,051 (4.1%) 1.08 27,130
2019-01-01 $309,900 (2.5%) $428,642 (1.8%) 1.07 25,482
2019-02-01 $319,450 (2.4%) $440,069 (2.1%) 1.08 25,215
2019-03-01 $319,900 (-1.5%) $433,210 (-2.2%) 1.07 27,345
2019-04-01 $325,000 (-3.5%) $437,672 (-5.0%) 1.03 28,309
2019-05-01 $329,900 (-2.8%) $441,703 (-4.2%) 1.03 29,102
2019-06-01 $325,000 (-4.4%) $437,906 (-4.6%) 1.02 29,612
2019-07-01 $324,945 (-1.5%) $432,838 (-2.4%) 1.02 30,411
2019-08-01 $325,000 (0.0%) $431,513 (-2.5%) 1.02 29,764
2019-09-01 $324,868 (0.2%) $430,870 (-0.4%) 1.02 27,645
2019-10-01 $318,500 (0.9%) $422,924 (-1.7%) 1.03 28,518
2019-11-01 $322,000 (2.1%) $431,986 (-0.6%) 1.06 26,123
2019-12-01 $318,138 (1.5%) $430,252 (-0.4%) 1.06 24,346
2020-01-01 $316,745 (2.2%) $429,708 (0.3%) 1.06 22,408
2020-02-01 $320,000 (0.2%) $438,333 (-0.4%) 1.05 21,483
2020-03-01 $329,450 (3.0%) $447,159 (3.2%) 1.03 21,532
2020-04-01 $325,000 (0.0%) $438,763 (0.3%) 1.02 23,442
2020-05-01 $334,900 (1.5%) $451,906 (2.3%) 1.02 23,110
2020-06-01 $345,450 (6.3%) $467,669 (6.8%) 1.02 20,975
2020-07-01 $349,950 (7.7%) $482,068 (11.4%) 1.01 18,878
2020-08-01 $350,000 (7.7%) $486,746 (12.8%) 1.00 17,542
2020-09-01 $351,019 (8.1%) $492,500 (14.3%) 1.01 16,262
2020-10-01 $353,968 (11.1%) $498,954 (18.0%) 1.01 15,854
2020-11-01 $350,858 (9.0%) $503,703 (16.6%) 1.03 14,447
2020-12-01 $349,950 (10.0%) $500,998 (16.4%) 1.04 12,883
2021-01-01 $350,000 (10.5%) $509,465 (18.6%) 1.04 11,157
2021-02-01 $359,900 (12.5%) $526,918 (20.2%) 1.05 9,430
2021-03-01 $366,900 (11.4%) $534,957 (19.6%) 1.04 8,992
2021-04-01 $382,500 (17.7%) $549,817 (25.3%) 1.04 8,979
2021-05-01 $389,900 (16.4%) $565,458 (25.1%) 1.04 9,127
2021-06-01 $394,900 (14.3%) $557,693 (19.3%) 1.04 9,960
2021-07-01 $399,900 (14.3%) $564,165 (17.0%) 1.06 11,271
2021-08-01 $395,350 (13.0%) $552,265 (13.5%) 1.05 11,644
2021-09-01 $396,750 (13.0%) $552,536 (12.2%) 1.06 11,687
2021-10-01 $393,900 (11.3%) $549,472 (10.1%) 1.05 11,322
2021-11-01 $394,995 (12.6%) $550,149 (9.2%) 1.06 11,070
2021-12-01 $390,000 (11.4%) $549,678 (9.7%) 1.06 10,498
2022-01-01 $389,900 (11.4%) $555,811 (9.1%) 1.05 8,664
2022-02-01 $391,495 (8.8%) $576,574 (9.4%) 1.02 7,773
2022-03-01 $399,450 (8.9%) $576,317 (7.7%) 1.00 7,810
2022-04-01 $415,000 (8.5%) $595,112 (8.2%) 0.99 8,140
2022-05-01 $429,950 (10.3%) $607,096 (7.4%) 0.98 10,019
2022-06-01 $449,000 (13.7%) $617,596 (10.7%) 1.00 12,122
2022-07-01 $439,000 (9.8%) $595,969 (5.6%) 0.99 15,519
2022-08-01 $425,000 (7.5%) $580,982 (5.2%) 0.98 16,821
2022-09-01 $419,945 (5.9%) $566,281 (2.5%) 0.98 17,126
2022-10-01 $413,500 (5.0%) $553,501 (0.7%) 0.97 18,156
2022-11-01 $402,995 (2.0%) $550,383 (0.0%) 0.97 18,191
2022-12-01 $399,900 (2.5%) $544,372 (-1.0%) 0.99 17,015
2023-01-01 $399,900 (2.6%) $550,276 (-1.0%) 0.99 15,108
2023-02-01 $399,945 (2.2%) $560,562 (-2.8%) 0.96 14,034
2023-03-01 $409,519 (2.5%) $574,537 (-0.3%) 0.96 13,278
2023-04-01 $425,000 (2.4%) $605,128 (1.7%) 0.99 12,507
Atlanta's median listing price for 2023-04-01 was $425,000, a difference of $10,000 (2.4%) versus the prior year and $15,481 versus the prior month.

Atlanta's median listing price comes in at 99% of the national average.

Atlanta's average listing price for 2023-04-01 was $605,128, a difference of $10,016 (1.7%) versus the prior year and $30,591 versus the prior month.

For the 2023-04-01 period, Atlanta had 12,507 MLS listings, a difference of -771 listings (-6%) versus the prior month and 4,367 listings (54%) 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 74 days 2,578 sqft
2018-02-01 65 days 2,602 sqft
2018-03-01 49 days 2,641 sqft
2018-04-01 47 days 2,705 sqft
2018-05-01 47 days 2,695 sqft
2018-06-01 49 days 2,672 sqft
2018-07-01 50 days 2,625 sqft
2018-08-01 52 days 2,596 sqft
2018-09-01 54 days 2,584 sqft
2018-10-01 58 days 2,541 sqft
2018-11-01 59 days 2,539 sqft
2018-12-01 67 days 2,516 sqft
2019-01-01 72 days 2,481 sqft
2019-02-01 63 days 2,472 sqft
2019-03-01 54 days 2,512 sqft
2019-04-01 51 days 2,554 sqft
2019-05-01 52 days 2,589 sqft
2019-06-01 54 days 2,571 sqft
2019-07-01 58 days 2,533 sqft
2019-08-01 64 days 2,540 sqft
2019-09-01 67 days 2,537 sqft
2019-10-01 61 days 2,461 sqft
2019-11-01 64 days 2,440 sqft
2019-12-01 73 days 2,411 sqft
2020-01-01 73 days 2,405 sqft
2020-02-01 64 days 2,417 sqft
2020-03-01 52 days 2,426 sqft
2020-04-01 53 days 2,402 sqft
2020-05-01 59 days 2,407 sqft
2020-06-01 58 days 2,420 sqft
2020-07-01 60 days 2,424 sqft
2020-08-01 59 days 2,404 sqft
2020-09-01 56 days 2,347 sqft
2020-10-01 54 days 2,310 sqft
2020-11-01 58 days 2,265 sqft
2020-12-01 64 days 2,224 sqft
2021-01-01 60 days 2,206 sqft
2021-02-01 46 days 2,187 sqft
2021-03-01 40 days 2,199 sqft
2021-04-01 37 days 2,245 sqft
2021-05-01 36 days 2,236 sqft
2021-06-01 35 days 2,254 sqft
2021-07-01 35 days 2,240 sqft
2021-08-01 39 days 2,224 sqft
2021-09-01 43 days 2,202 sqft
2021-10-01 46 days 2,171 sqft
2021-11-01 44 days 2,174 sqft
2021-12-01 49 days 2,153 sqft
2022-01-01 52 days 2,130 sqft
2022-02-01 37 days 2,113 sqft
2022-03-01 34 days 2,113 sqft
2022-04-01 32 days 2,180 sqft
2022-05-01 30 days 2,237 sqft
2022-06-01 27 days 2,309 sqft
2022-07-01 30 days 2,300 sqft
2022-08-01 37 days 2,274 sqft
2022-09-01 42 days 2,265 sqft
2022-10-01 45 days 2,249 sqft
2022-11-01 50 days 2,231 sqft
2022-12-01 60 days 2,200 sqft
2023-01-01 66 days 2,187 sqft
2023-02-01 52 days 2,183 sqft
2023-03-01 47 days 2,213 sqft
2023-04-01 45 days 2,257 sqft
Atlanta's median listing age (time on market) for 2023-04-01 was 45 days. This is 41% longer than the same period one year ago.

Atlanta's median square footage for active listings during the 2023-04-01 period was 2,257 sqft. One year prior, the average listing was 2,180 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).