Real Estate

Rising Atlanta Home Prices Make Clayton County Homes More Desirable than Ever

Clayton County Homes

Clayton County, GA has a home to match almost any budget – high or low – for less than you would expect to pay for comparable property elsewhere in metro Atlanta.

As in the case with most metropolitan areas, Atlanta’s home prices are rising. First Multiple Listing Service’s InfoSparks data reports home prices in Metro Atlanta climbed 15.9 percent since 2020.

Rental rates are also going up. The average rent for a 3-bedroom rental in Atlanta is currently $2,074, which is a 4% increase compared to last year.

Affordability may be a top concern for anyone looking for a place to live in Atlanta. Will your income cover housing and living expenses, allow you to save, and still cover non-essential items? The 50-30-20 rule — a well-established yardstick for income distribution — states that 50 percent of your take-home income should go to housing and necessities such as utilities, food, and transportation; 20 percent should be earmarked for savings; and 30 percent allocated for flexible, non-essential spending.

This rough estimate of what you can afford can help you determine your price range.  As prices increase in Atlanta, Clayton County’s various home options combined with its growing cultural and recreational amenities, business opportunities, improved schools, and newly-elected leadership are more desirable than ever.

Clayton County real estate has developed into Atlanta’s best bang-for-your-buck housing market

New-home communities are popping up county-wide, with listings from the mid $200s to the $400s and an average sales price of just $384,500, according to data obtained from the Georgia MLS.  Throughout Clayton County, you will find traditional properties listed from $70,000 to more than $1 million.  Plus, if you are interested in building a custom home, abundant, affordable land puts that dream well within reach.  But get in before it’s too late, prices in Clayton County are rising.

New Construction in Clayton County

New Construction in Clayton County

Over the past year, three-bedroom rental homes in Clayton County have ranged from $1,437 to $2,500 per month, with a median rental rate of $1,825, per Georgia MLS data on 3/27/2022.

Clayton County has a home to match almost any budget – high or low – for less than you would expect to pay for comparable property elsewhere in the metro area.  Search Clayton County Real Estate.

Here’s a summary of Clayton County real estate — median sold home prices, according to Realtor.com (as of 4/27/2021), plus the area’s neighborhood attractions:

Jonesboro (County Seat)
Median Sold Home Price: $253,000
Neighborhood Attractions: Road to Tara Museum, Stately Oaks, Warren House, Lee Street Park & Amphitheatre, Downtown Jonesboro Historic District, International Park / Atlanta Beach, J. Charley Griswell Senior Center, Lake Spivey Golf Course, Clayton Connects walking trails, Jim Huie Recreation Center, Steve Lundquist Aquatic Center, Panhandle Park, Independence Park, Jester’s Creek/Greenway, J W Arnold Park, Bonanza Road Park, J Charley Griswell Park, Clayton County Performing Arts Center, Arts Clayton, Lake Spivey Recreation Center, and Flint River Community Center

College Park*
Median Sold Home Price: $235,800
Neighborhood attractions: Hartsfield Jackson International Airport

Conley
Median Sold Home Price: $210,000
Neighborhood attractions: Reynolds Nature Preserve, State Farmers Market

Ellenwood *
Median Sold Home Price: $267,000
Neighborhood attractions: Pine Circle Park, Grant Road Park

Fayetteville (30215)*
Median Sold Home Price: $400,000
Neighborhood attractions: Rivers Edge Greenway

Forest Park
Median Sold Home Price: $180,000
Neighborhood attractions: State Farmer’s Market, Gillem Logistics Center, Starr Park, Forest Park Recreation Center, Main Street Redevelopment

Hampton*
Median Sold Home Price: $305,000
Neighborhood attractions: South Clayton Recreation Center, Lovejoy Community Garden, Newman Wetlands Center, Lovejoy Regional Park

Lake City
Median Sold Home Price: $190,000
Neighborhood attractions: Clayton State University, Spivey Hall, Southlake Mall

Lake Spivey Estates, Jonesboro, GA
Median Sold Home Price:  Information not available on Realtor.com, but can be provided upon request**
Neighborhood Attractions: Lake Spivey (private access), Clayton County International Park / Atlanta Beach, J. Charley Griswell Senior Center, Lake Spivey Golf Course, Clayton Connects walking trails, Lake Spivey Recreation Center – new!

Lovejoy
Median Sold Home Price: $305,000
Neighborhood attractions:  Gerald A. Matthews Complex, South Clayton Recreation Center, Mayor’s Park, Lovejoy Community Garden

Morrow
Median Sold Home Price: $226,000
Neighborhood attractions: Southlake Mall, Mount Zion Business District, Reynolds Nature Preserve, Paradise Park, Maddox Road Park, Clayton State University, Spivey Hall

Rex
Median Sold Home Price: $225,000
Neighborhood attractions: Historic Rex Mill, Carl Rhodenizer Center, Rex Park

Riverdale
Median Sold Home Price: $227,500
Neighborhood attractions: Frank Bailey Senior Center, Virginia Gray Recreation Center, Riverdale Town Centre, Riverdale Regional Park, Flat Shoals Park, Southern Regional Hospital

The bottom line is this: Clayton County has a home to match almost any budget – high or low – for less than you would expect to pay for comparable property elsewhere in metro Atlanta.  Clayton County is metro Atlanta’s best bang-for-your-buck housing market.  If you are interested in finding out more about how Clayton County can become your new home, call Realtor/ Broker, Altimese Dees at 678-644-1712; or send an email: deesaltimese@gmail.com.

###

*A portion of these cities lie in Clayton County, GA

**Custom reports are provided upon request

 

Pictured:  An example of new home construction in Clayton County, GA

 

#comehome2clayton

________________________________________

About the Publisher

Altimese Dees founded The Real Estate Gallery of Georgia, LLC., in 2008 out of a passion and commitment to providing real estate representation to buyers, sellers, property owners, investors, builders, corporations, and governments. Altimese is the publisher of ComeHome2Clayton.com. If you are in the market to buy or sell a home or office in Georgia, please contact Altimese Dees, Broker/Owner, The Real Estate Gallery of Georgia; Direct: 678-644-1712; Email: deesaltimese@gmail.com; Web: www.RealEstateGalleryGA.com and www.TrustedRealEstateConsultant.com.

 

Also Read:

Millennial homebuyer taking the helm of homeownership

Ten Reasons to Love Clayton County, GA

Clayton County Homes Increasing in Value

Search Clayton County Real Estate for Sale

 

Add Comment

Leave a Comment

Skip to toolbar