Top 5 Neighborhoods to invest in Atlanta

If you're looking for the top neighborhoods to invest in real estate in Atlanta, we've got you covered. After analyzing the available data, we've identified the top 5 neighborhoods that offer great investment opportunities, each with their own unique characteristics and potential for growth.

1) West End:

West End is a historic neighborhood located just southwest of downtown Atlanta. It's known for its beautiful Victorian homes, tree-lined streets, and strong sense of community. West End has experienced steady population growth over the past few years, and there are several new developments underway, including the West End Mall redevelopment project, which will bring new retail, office, and residential space to the area.

The average price per square foot in West End is around $153, and the average home price is around $330,000. This makes for a unique opportunity to get appreciation in the long term as the neighborhood transforms.

The Atlanta BeltLine is also a major government project in West End that will bring new parks, trails, and transit to the area.

2) Old Fourth Ward:

The Old Fourth Ward is an up-and-coming neighborhood located just east of downtown Atlanta. It's home to the popular Ponce City Market, as well as several parks and green spaces. The area has undergone significant redevelopment in recent years, making it an attractive investment option.

The average price per square foot in Old Fourth Ward is around $371, and the average home price is around $560,000. As this is a more mature neighborhood, this is prime for build/renovate to sell opportunities. There is high demand and low inventory in Old Fourth Ward, reducing time on the market.

The Atlanta BeltLine's Eastside Trail is a major government project that has already been completed in the area, and there are several other new developments underway.

3) Grant Park

Grant Park is a popular neighborhood located just south of downtown Atlanta. It's known for its historic homes, beautiful parks, and the Atlanta Zoo. Grant Park has a strong sense of community and is a popular area for families and young professionals. The Atlanta BeltLine's Southside Trail is a major government project in Grant Park that will bring new parks, trails, and transit to the area.

The average price per square foot in Grant Park is around $261, and the average home price is around $650,000. With mostly larger homes in the area there is opportunity, this attracts larger families.

There are also several new developments underway, including the Beacon Atlanta, which is a mixed-use development that includes retail, office, and residential space.

4) Peoplestown:

Peoplestown is a historic neighborhood located just south of Grant Park. It is known for its close-knit community and active neighborhood association. Peoplestown has seen significant revitalization efforts in recent years, including the construction of the Georgia State Stadium (formerly Turner Field), which has brought new life and development to the area.

The average price per square foot in Peoplestown is around $168, and the average home price is around $280,000. With smaller homes, there is an opportunity for quick renovations and flips.

There are also several new affordable housing initiatives underway in Peoplestown.

5) Decatur:

Decatur is a popular suburb located just east of Atlanta. It's known for its charming downtown area, which includes restaurants, shops, and entertainment venues. Decatur has experienced steady population growth over the past few years, and there are several new developments underway, including the East Decatur Station mixed-use development, which includes retail, office, and residential space.

Decatur is also home to several top-rated schools, making it a popular area for families.

The average price per square foot in Decatur is around $263, and the average home price is around $500,000. With the broader Decatur area still developing, there are multiple pockets still available to invest in.

Key Take Away

In conclusion, each of these neighborhoods offers unique investment opportunities and potential for growth. We hope this information helps you make an informed decision about where to invest in real estate in Atlanta. If you have any questions or would like more information, please don't hesitate to reach out to us.