Located in southeast Atlanta, this neighborhood was a prominent military base from 1885 to 2011. Since the base's closure, many new opportunities have presented themselves in this neighborhood. Many developers are looking to start projects here and it is expected to become a popular area for film and production studios. This neighborhood features both attached and single family homes dating back to 1925. With new opportunities beginning to show in Fort McPherson, this neighborhood has started to look like a promising location for homeowners.
Fort McPherson currently has 14 single family homes for sale with an average list price of $294,543, 2 townhouses for sale with an average list price of $281,000, and 2 lots for sale with an average list price of $64,450. The average annual property tax for Fort McPherson is $1,996.
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 Fort McPherson, i.e. what's hot and what's not.
See What's Hot & What's Not in Fort McPhersonFort McPherson home sales for the month of September decreased in volume by 66.7% when compared to last year, while the median sale price rose by 62.2% from $205,000 to $332,500. House sales decreased by 66.7%, while the median sale price rose by 62.2% from $205,000 to $332,500.
15
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12
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2022 | 2023 | ||
# of sales per year |
$290,000
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$243,500
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2022 | 2023 | ||
median sale price per year |