Atlanta hits #2 on national buyer-friendly list: February 2026 Market Update

The data for the start of the year is officially in. Zillow just ranked Metro Atlanta as the second most buyer-friendly market in the United States for 2026. This isn't just a headline; it is a significant shift in the ground reality for anyone looking to buy or sell a home in Georgia right now. After years of limited options, the market has reached a point of equilibrium that we haven't seen in a long time.

The logic behind the shift

In real estate, we look at "months of supply" to determine who has the upper hand. A balanced market sits between four and six months. Right now, Metro Atlanta is sitting at 4.24 months of supply. This is a 11.6% increase compared to this time last year.

What this means for you is simple: the "take it or leave it" era for sellers is over. Buyers have more room to breathe, more time to think, and more leverage to negotiate.

Key Market Indicators: February 1, 2026

• Median Sales Price: $380,000 (Down 2% from last year)
• Active Listings: 24,280 (Up 11.8% from last year)
• Sale-to-List Price: 96.5%
• Median Days on Market: 85 Days

Why buyers have the edge

With homes staying on the market for an average of 85 days, sellers are becoming much more flexible. Only about 13% of homes are selling above the asking price right now. Instead, we are seeing a return to standard professional negotiations.

One of the biggest trends we’re seeing this month is the return of seller concessions. In 2026, it has become common for sellers to contribute toward closing costs or offer "rate buydowns" to help buyers lower their monthly mortgage payments. If a house has been sitting for more than 60 days, there is usually a conversation to be had about price or terms.

The "Turnkey" factor

Even in a buyer-friendly market, the "Asset Performance" matters. Homes that are move-in ready and updated are still the most sought-after properties. We are seeing a 12% price gap between homes that are "turnkey" and those that need work. Buyers are being very selective, often passing on properties that require immediate renovations in favor of homes that are ready for move-in.

Looking ahead

The forecast for the rest of 2026 suggests home values will stay relatively stable, with a modest 1.9% growth predicted. This makes February a strategic entry point. You’re buying into a market that has cooled off from the peak but still shows long-term health.