Updated about 3 years ago on . Most recent reply
Thoughts on Atlanta, GA's "growing" suburbs
Hey guys, I recently conducted a data analysis study on the fastest growing towns with a median home price below $200k (so I could afford 25% down). 3 of the nation's top 10 were all just outside Atlanta, GA:
1. McDonough, GA
2. Fairburn, GA
3. Villa Rica, GA
Are any local investors or realtors familiar with the area? The data analysis was conducted with the recently released 2021 US Census data (which will unfortunately always be 1-2 years behind), so I'm just wondering how well this data compares to your local opinion?
Most Popular Reply
@Austin Wolff, I don't have any hard stats or data for you, but honestly, I'm not surprised. Any submarket 25-35 mins outside of ATL saw ridiculous appreciation these past few years. With new ongoing development and high rental demand in the City, rent affordability is becoming an issue for many families and young professionals. On account of the rapid increase in rent rates, this is therefore forcing some renters to move into markets further outside the perimeter such as McDonough, Fairburn, and Villa Rica. All three areas are great rental markets due to their proximity to major interstates. McDonough is close to I-75, Fairburn is close to I-85, and Villa Rica is close to I-20. I have clients who own rentals in each respective market. Depending on how market conditions play out over the next few years, these areas will continue to steadily appreciate. If you have any real estate-related or ATL market-specific questions, feel free to contact me via cell or email (contact info is listed in my bio).