Which counties have the worst housing shortage in Metro Atlanta? We looked through the latest stats from GeorgiaMLS to find out:
- Cobb (2.68-months supply), Gwinnett (2.73-months), DeKalb (2.97-months), Cherokee (2.99-months) and Fayette (3.2-months) had the lowest levels of housing inventory through September.
- In every single major Metro Atlanta county, inventory was down from the year before. The smallest decline was in Forsyth (3.67 percent), while the largest was in Paulding (25.58 percent); all told, seven of the area’s 10 largest counties saw double-digit inventory declines.
- In the past, there has been a strong correlation between falling inventory and rising prices, but September’s data was very mixed. Although some counties – such as Paulding, where a double-digit inventory drop paired with a 19.02 percent price hike – continued that trend, other counties saw very little price growth; in three counties, prices even declined.
See our chart below for more perspective:
| County | Housing Supply (in months) | YOY Change | Median Sales Price | YOY Change |
|---|---|---|---|---|
| Cobb | 2.68 | -13.27% | $220,000 | 0.92% |
| Gwinnett | 2.73 | -20.18% | $200,000 | 5.32% |
| DeKalb | 2.97 | -12.13% | $184,000 | -1.34% |
| Cherokee | 2.99 | -22.14% | $212,825 | 1.35% |
| Fayette | 3.2 | -15.34% | $256,000 | -0.97% |
| Paulding | 3.2 | -25.58% | $172,575 | 19.02% |
| Coweta | 3.42 | -7.32% | $215,000 | 9.83% |
| Forsyth | 3.62 | -6.22% | $299,000 | 6.98% |
| Fulton | 3.67 | -3.67% | $235,000 | -0.63% |
| Henry | 4.2 | -24.46% | $172,750 | 2.95% |