Real Estate Market Update for Stone Mountain, GA

Video: Real Estate Community Tour for Stone Mountain, GA

See Real estate community tour for Stone Mountain, GA
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 30% from one year earlier, and down 9% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 130-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 13%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 120-thousand dollars. The number of units sold increased 2% year-over-year, and increased 13% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Stone Mountain, GA
Area Information for Stone Mountain, GA
  • Population: 5,979
  • Median Age: 35.07 yr
  • Median Commute Time: 36 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 3,513/sq mi
  • Population Change Since 2000: -7.07%
  • Closest Airport: Hartsfield - Jackson Atlanta International
  • Closest College: Columbia Theological Seminary
  • Closest Jr. College: Dekalb Technical College
  • Median Household Income: $40,746
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $60,750
  • Closest Major Sports Team: Atlanta Braves
  • Change Avg. Household Income Since 2000: 10.51%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Stone Mountain, GA
Median Age: 35.07 Married: 27% Number of Households: 2,273 Households with Children: 718
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Stone Mountain, GA

      School Name Distance Type Grades School Rating Parent Rating
      Stephenson High School 1.8 mi Public 9-12 2 4
      Eldridge L. Miller Elementary School 1.8 mi Public PRESCHOOL-5 1 0
      The Champion Middle Theme School 1.9 mi Public 6-8 2 0
      Pine Ridge Elementary School 2.0 mi Public PRESCHOOL-5 0 0
      Gables Academy 2.0 mi Private 7-12 0 0
      Stone Mountain Elementary School 2.1 mi Public PRESCHOOL-5 0 0
      Redan High School 2.3 mi Public 9-12 1 3
      Freedom Middle School 2.4 mi Public 6-8 1 4
      Wynbrooke Elementary School 2.4 mi Public PRESCHOOL-5 3 0
      Stephenson Middle School 2.6 mi Public 6-8 1 4
      Dekalb Alternative School 2.9 mi Public 6-12 0 0
      Stone Mill Elementary School 2.9 mi Public PRESCHOOL-5 1 0
      Mount Carmel Christian School 3.1 mi Private PRESCHOOL-8 0 0
      Prime Care Learning Center Iii 3.4 mi Private PRESCHOOL-K 0 0
      Allgood Elementary School 3.4 mi Public PRESCHOOL-5 1 0
      Berean Christian Academy 3.4 mi Private K-8 0 0
      Stone Mountain High School 3.5 mi Public 9-12 1 3
      Hambrick Elementary School 3.5 mi Public PRESCHOOL-5 1 0
      Voices Of Faith Christian Academy 3.6 mi Private PRESCHOOL-5 0 0
      Smoke Rise Elementary School 3.7 mi Public PRESCHOOL-5 1 0
      Dekalb Academy Of Technology And The Environment Charter School 3.8 mi Public K-8 2 0
      Woodridge Elementary School 4.0 mi Public PRESCHOOL-5 1 0
      St Timothy School 4.0 mi Private PRESCHOOL-5 0 0
      Decatur Adventist Jr Academy 4.1 mi Private PRESCHOOL-8 0 0
      Elizabeth Andrews High School 4.1 mi Public 10-12 1 3
      Memorial Drive Presbyterian Community Children's P 4.2 mi Private PRESCHOOL-1 0 0
      Dunaire Elementary School 4.3 mi Public PRESCHOOL-5 0 0
      Rowland Elementary School 4.4 mi Public PRESCHOOL-5 0 0
      Stone Mountain Middle School 4.9 mi Public 6-8 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Stone Mountain, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.