Avondale Estates Real Estate

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Avondale Estates, Georgia
Average Home Sizes and Asking Prices

Updated On: November 15, 2019
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
30002 2,300 sf $552,000 1,000 sf $411,000 16

30002 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  4   $397k
 1 Year Ago  4   $377k
 6 Months Ago   6   $436k
 1 Month Ago  8   $445k
 Today  6   $421k
*Averaged for 3 bedroom active listings

Asking Price in 30002 - 3 Bedroom Single Family Homes
30002 real estate listing price trend

Demographics & Schools Mortgage Calculator Area Map

Avondale Estates Real Estate & Homes for Sale in Georgia

Home to almost 3,000 residents, the city of Avondale Estates is known for its small-town appeal, convenient location near the great, bustling city of Atlanta, and for its close-knit community atmosphere. Avondale Estates was founded in 1924 by American millionaire and entrepreneur George Francis Willis. He named the area known today as Avondale Estates after William Shakespeare’s birthplace, Stratford-upon-Avon in Warwickshire, England. To ensure the city captured the ambiance of Shakespeare’s birthplace, Willis had the buildings in the city’s downtown district, as well as many homes throughout the city, designed in the Tudor architectural style. Avondale Estates is also known for opening the first Waffle House restaurant on Labor Day weekend in 1955; the restaurant now serves as a museum.

Ideal for families, professionals who work in the Atlanta metro area, and students, Avondale Estates offers a wide range of amenities that meet the everyday needs of its populace. Residents can relax at Lake Avondale, rent the Clubhouse and host their own gathering, or attend any number of community events held throughout the year. The housing market in Avondale Estates is varied and affordable, with single family residences anchoring the city’s real estate market. Students’ educational needs are provided by the DeKalb County School System, and a number of colleges are located nearby ready to help students on their way toward successful careers. Avondale Estates is located less than 20 minutes east from the city of Atlanta where residents can take full advantage of the city’s recreational, educational, entertainment, and economic amenities.

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Avondale Estates Real Estate Market Info - Prices of Houses for Sale in Avondale Estates

Considering that the median sales price for homes in Avondale Estates is currently around the low $165,000s, buyers would be hard-pressed not to purchase or invest in property in this wonderful community. Single family homes dominate the area’s real estate market; however, listings for condominiums and townhomes are also available. If you’re thinking about purchasing a starter home in Avondale Estates, expect prices to start at just under $100,000 for a 4 bedroom/2 bathroom house in the Forest Glen neighborhood. Bungalow homes in this city start in the $160,000s while craftsman homes start in the $650,000 range. Avondale Estates’ condo and townhome market is priced starting from $75,000 to $180,000. For those who would like to custom build their dream home or develop an income producing property, land parcel prices in Avondale Estates start at $75,000 to upwards of $150,000.

Avondale Estates Real Estate Stats and Trends for the week of November 15th, 2019: homes priced around $411,108 compared to $413,691 the previous week, for a slight decrease of less than -1%.  For Friday, November 15th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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