Bankhead was developed in the 1920s just northwest of the downtown Atlanta area. Located along the Donald Lee Hollowell Parkway, Bankhead is a great location for making the commute into downtown Atlanta. Bankhead features affordable
single family homes and condominiums in a community very likely to increase in value as further development continues. Bankhead is well known for its community gardens and urban farms, nature trails, and highly convenient location for commutes.
Bankhead currently has 3 single family homes for sale with an average list price of $331,000, 5 townhouses for sale with an average list price of $674,520, and 4 lots for sale with an average list price of $90,000. The average annual property tax for Bankhead is $1,568.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Bankhead, i.e. what's hot and what's not. See What's Hot & What's Not in Bankhead
Bankhead home sales for the month of May decreased in volume by 87.5% when compared to last year, while the median sale price rose by 7.3% from $638,430 to $685,000. Townhouse sales decreased by 85.7%, while the median sale price rose by 6.5% from $643,430 to $685,000.
2
|
20
|
38
|
|
1969 | 2021 | 2022 | |
# of sales per year |
$1
|
$442,677
|
$638,430
|
|
1969 | 2021 | 2022 | |
median sale price per year |