What is Atlanta’s Fastest Growing Housing Market?

August 1, 2024
1 min read
Chamblee and Braselton lead Atlanta's housing boom as suburban areas grow faster than the urban core. These areas reflect a nationwide trend of suburban expansion.

Chamblee and Braselton lead Atlanta’s housing boom as suburban areas grow faster than the urban core. These areas reflect a nationwide trend of suburban expansion.

🏡 Why It Matters: The rapid growth of suburban housing in Atlanta indicates significant shifts in lifestyle and work habits. Understanding these changes is vital for residents and policymakers to address challenges and opportunities in housing, infrastructure, and community development.

🔍 What’s Happening: Suburban and exurban housing markets have grown significantly faster than urban areas across the U.S. over the past decade. Atlanta mirrors this trend, with a suburban boom leading to thousands of new homes.

  • Chamblee: Housing stock doubled in ten years; population up by 106%.
  • Braselton: Housing stock jumped from 2,939 units in 2013 to 5,236 in 2022, with nearly all multifamily units built in the last decade.

📈 Between the Lines: Affordability and lifestyle shifts drive this growth. In Chamblee, home prices grew by 65% over the past decade compared to 88% in Atlanta, making it more attractive to new residents.

  • Remote work fuels demand for suburban homes, with residents seeking larger spaces and better quality of life.
  • Holly Springs saw a 77% increase in housing and population, aided by a 196% rise in remote work.

🏠 Catch Up Quick: This suburban expansion has impacted local housing markets, with significant price increases.

  • Clarkston’s housing prices nearly doubled, expanding by almost 110% in the past decade.
  • Atlanta’s urban housing inventory grew by only 14%, lagging behind suburban growth.

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