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Condos For Sale In Georgia
Are you considering a move down south? Georgia offers so much in terms of culture, job opportunities, and entertainment. Also, the lower cost of living and access to quality amenities have turned the Peach State into a go-to destination for many relocators across the US. A major draw is the condos for sale in Georgia. In this affordable market, buyers can find anything from cozy one-bedrooms in historic Savannah to modern penthouses in Atlanta high-rises. If you have Georgia real estate on your mind, check out the condo listings below.
Georgia Condo Market
The Georgia real estate market remains strong due to a mix of factors, including high demand, limited supply, and consistent growth in property prices. According to data from the Georgia Association of REALTORS® (GAR), the median housing price in the state is $355K, up 22% year-over-year. Homebuyers can expect fierce competition when making offers on their desired homes, townhomes, or condos for sale in Georgia, particularly in top markets like Atlanta real estate.
While most of Georgia's real estate supply is single-family detached homes (over 66%), condos make up approximately 20.5% of the state's housing types. Prices of condos for sale in Georgia range from under $100K and up to $5M, and the most frequent layout are three-bedroom, two-bathroom units. However, the options across Peach State's cities and towns are almost limitless, so you'll surely find a unit that fits your budget and accommodates your needs.
Condos for sale in Georgia are offered in existing and new construction versions and can be mostly found across the state's urban centers. Note that your location choice in Georgia will affect the specific figures of the real estate transaction.
Cities like Atlanta and Savannah have the most prolific condo markets in the state, offering buyers everything, from sleek, glass-facade high-rises filled with upscale amenities to quaint historic units across cobblestone streets lined with moss-dripping trees.
For more modest budgets, there are also low-rises offering suburban Georgia condos for sale that appeal more to small families and seniors in retirement. In case you're wondering if Georgia condos for sale are worth the investment, the state has a robust rental market across its main cities, making it a fabulous opportunity for investors entering the state's condo market in search of juicy returns.
Georgia Cities For Condo Buyers
Atlanta
Atlanta is the premier destination for condo buyers in Atlanta. Georgia's capital city offers an unbeatable mix of urban excitement and southern charm with a wide range of condos to choose from across approximately 199 neighborhoods. Whether you're looking for a studio in a trendy spot in Midtown or a townhome in a more residential community like Buckhead, units in Atlanta are in high demand
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With so many buyers looking for units in the city and a dwindling inventory, Atlanta is a seller's market with a median price of $379.9K for Atlanta condos for sale.
Undoubtedly, real estate in Atlanta is among the highest-valued in Georgia, but that reflects the quality of life residents experience in this city. Atlanta has excellent schooling options, upscale amenities, outdoor recreation, and many great restaurants, shopping, and entertainment options.
Atlanta condos are the best bet for investors looking to buy rental units in Georgia. Half of the homes in Atlanta, GA, are occupied by renters, and there's currently a record apartment demand in the city. Atlanta rent costs are consistently growing yearly, with the average rent for a studio currently being $1,725.
Atlanta Condo Neighborhoods: Downtown Atlanta, Midtown Atlanta, Buckhead Village, Peachtree Hill, Old Fourth Guard, Grant Park, Cabbagetown.
Atlanta Condo Sampler: Ritz Carlton Residences, Luxe Condominiums, 1010 Midtown, Peachtree Towers Condominiums, The Reynolds Condominiums, 40 West 12th, Centennial Park West Condos, Centennial Station Lofts, Ansley Above the Park, Element Condominiums,
Augusta
Situated about 150 miles east of Atlanta on the banks of the Savannah River, Augusta is not your traditional fast-moving Georgia metropolis. Still, it offers everything large cities offer with a fraction of the population, the hustle and bustle. Augusta provides a slow-paced environment with nice weather, an affordable cost of living, and plenty of fresh air. The city is also known for its abundance of urban amenities and prime golf courses.
The condos for sale in Augusta provide a relaxed and convenient lifestyle. Units in this city are located in charming neighborhoods with convenient services and picturesque landscapes. The median sale price of condos in Augusta is $190K, but there are units priced under that number across both the city center and the tranquil suburbs.
Augusta condos offer a convenient, low-maintenance lifestyle perfect for busy professionals or retirees. Most units available for sale are grouped in the northern portion of Augusta, near the South Carolina border. Some condos have gorgeous river views and are convenient to Augusta University, the Medical District, SRP Ballpark, Georgia Cyber Center, and Greenway walking trails.
Augusta Condo Neighborhoods: Downtown Augusta, Olde Town, Forest Hills, Goodale Landing, South Turpin Hill, Summerville.
Augusta Condo Sampler: River Place Condominiums, JB Whites Building, Georgetown Villas, Residence at Riverwatch Apartments, Hearthstone Commons.
Savannah
There's no better spot to purchase historic condos for sale in Georgia than beautiful Savannah, one of Peach State's most iconic cities and bubbly condo markets. Savannah is located 248 miles east of Atlanta but under 30 minutes from the beach on Tybee Island and is known for its lovely mix of old-world charm and vibrant culture. No wonder it is a top tourist destination in the state.
These attributes make Savannah a desirable market for real estate investors looking for Savannah condos for rental purposes. But Savannah is also an enchanting destination for college students and retirees. The median home value in this city is $325K, an increase of 8.7% year-over-year.
However, plenty of condos in Savannah sell for under that price, with many two-bedroom units priced under $200K farther out from downtown. Buyers can expect to pay top dollar for cozy one-bedroom pads in the Savannah Historic District.
You can find most of the condos in downtown Savannah near Broughton Street, as well as several condo complexes in Whitemarsh Island, on the outskirts of downtown.
Savannah Condo Neighborhoods: Savannah Historic District, Thomas Square, Victorian District, Whitemarsh Island.
Savannah Condo Sampler: The Baxly, Merritt At Whitemarsh, Largo Villas Condominiums,
Bull River Yacht Club, Wilmington Plantation Events.
Athens
Athens is considered one of the best places to live in the United States, making it a popular choice for those looking to relocate or downsize in retirement to one of the condos for sale in Georgia.
Athens attracts new residents because of its mild weather, proximity to Atlanta, affordable housing, excellent hospitals and medical services, and the vibrant culture, opportunities, and excitement that come with residing in a college town.
Moving to Athens condos is the perfect way to experience Southern charm while also enjoying the convenience of modern living. The median sold price of Athens real estate is $319.8K, but you can expect to see condos in this city (mostly two-bedroom units) priced between $106K and $390K.
Condos in Athens come in all shapes and sizes, from sleek modern units in high-rise buildings to townhomes in charming neighborhoods. Whether you're a student looking for a place near the University of Georgia or a young professional seeking the best that Athens has to offer, there's sure to be a condo for sale in Athens that meets your needs and budget.
Athens Condo Neighborhoods: Downtown Athens, Ansonborough, Normaltown, Five Points, Coggham, Boulevard.
Athens Condo Sampler: Rivers Edge Condominiums, Williamsburg Condominiums, Stones Creek Apartments, Towne Club Condominiums, The Preserve Athens.
Georgia Condo Amenities
If you're looking for condos for sale in Georgia, you won't be disappointed with the amenities available. Georgia condo communities cater to those looking for a comfortable and convenient lifestyle. But it's not just the amenities that make Georgia condos stand out - it's the location.
Many units are situated in desirable neighborhoods close to shopping, dining, and entertainment. Keep reading for a list of standard amenities in the condos for sale in Georgia, from essential services to luxurious comforts:
- Swimming pools
- Hot tubs
- Sports courts (tennis, basketball, Racquetball…)
- Grills
- Fitness centers
- Yoga studios
- Saunas
- Spa rooms
- Club rooms
- Fireplace seating areas
- Indoor/outdoor movie theaters
- Event rooms with catering kitchen
- Sky lounges
- On-site restaurants and bars
- 24-hour concierge services
- 24-hour security
- Valet parking
- On-site staff (housekeeping, maintenance, and management)
- Community EV charging stations
- Emergency call systems in each unit
- Climate controlled wine cellar
- Assigned storage units
- Gated secured parking garage
- Parking spaces
- Meeting spaces
- Fiber for Wifi speed
- Dog parks
- Pet walks
Frequently Asked Questions About Georgia Condos For Sale
What’s the tallest condo building in Georgia?
Looking for the tallest condo building in Peach State? 3344 Peachtree in Atlanta, GA, elevates at 665 feet (203 meters) and has 48 floors of mixed-use space. The building comprises fine dining locales, office space, and 82 luxurious condos for sale in Georgia.
The 3344 Peachtree building is part of the business district of Buckhead and is considered the ninth tallest building in Atlanta.
What’s the newest condo building in Georgia?
Georgia has become a hub for property developers in recent years and there's no shortage of new condo buildings popping up all over the state, but the main focus tends to be in the state capital and other large cities. If you're on the hunt for a brand-new condo, some of the newest buildings are:
- The Dillon Buckhead - Atlanta
- Graydon Buckhead - Atlanta
- SEVEN88 condos in West Midtown - Atlanta
What is the average HOA fee for a condo in Georgia?
The average HOA fee for condos for sale in Georgia can vary depending on factors such as location, the size of the development, and the amenities it offers. On average, though, you can expect to pay anywhere from $200-400 per month.
While this may seem like a lot at first glance, it's important to remember that HOA fees typically cover a wide range of expenses, from maintenance and repairs to landscaping and security. Ultimately, the best way to get a sense of what you can expect to pay is to research specific units in your desired city and neighborhood and talk to a knowledgeable real estate agent.
Is it worth moving to Georgia?
Condo buyers looking for low-maintenance living in the South will discover that moving to Georgia is worth it, no matter which of the state’s bustling cities they wish to relocate to. From the bustling city of Atlanta to the quaint suburbs of Savannah, there are numerous options for condo living in Peach State.
Convenience is probably the main reason to purchase Georgia condos for sale. Not having to worry about having yardwork or exterior maintenance can save time and money for busy professionals, young couples, or retirees not willing to spend their free time on home upkeep.
You generally get more bang for your buck in certain areas of Georgia than in, for example, Florida. Plus, condos in Georgia often offer amazing amenities like gyms, pools, and communal spaces.
In addition, buying Georgia condos for sale provides plenty of benefits including warmer weather, job opportunities in a diverse range of industries, and a cost of living lower compared to other states, allowing new residents to lead a life of comforts without sacrificing quality of life.
Georgia is also known for some of the country’s most beautiful parks, and beaches, an unbeatable food scene, rich history, diverse culture, and plenty of southern charm.
Where is the most affordable place to live in Georgia?
Are you in the hunt for condos for sale in Georgia that won’t break the bank? One of the most affordable markets for Georgia condos is Augusta. Augusta has a bubbly urban atmosphere and offers similar cultural and recreational amenities as other urban centers in Georgia, but is more affordable.
The city has a median home value of $190K and an overall cost of living that's 15.3% lower than the rest of the state, you can find amazing deals on everything, including condos for sale in Georgia. Augusta has a strong job market, well-performing schools, and a booming healthcare industry, making it the perfect place to settle down.
Should I move to Tennessee or Georgia?
If you're trying to decide between Tennessee and Georgia, I can tell you firsthand that both states have a lot to offer. Tennessee is known for its beautiful natural scenery and vibrant music scene, while Georgia boasts fantastic cuisine and a rich history.
However, if you're specifically looking to purchase a condo, Georgia may have the upper hand. There are some great condos for sale in Georgia, ranging from trendy high-rises in Atlanta to cozy units in historic Savannah.
Of course, it ultimately depends on your personal preferences and priorities. If a lively arts scene is more important to you, maybe Tennessee is the way to go. But if you're eager to own a charming condo in the heart of a bustling city, Georgia might be your best bet.
Should I retire in Georgia or Florida?
While both states have much to offer seniors contemplating retirement, there are some differences to consider. Georgia boasts four distinct seasons, while Florida generally maintains its warm climate year-round.
However, Florida's beaches are some of the most beautiful in the world, and the state has no income tax. Meanwhile, Georgia's cost of living is lower and its mountains offer stunning views and ample opportunities for outdoor recreation. So, the choice ultimately depends on the retiree’s priorities and needs.
How much money do you need to make to live comfortably in Georgia?
According to data obtained by MIT Living Wage Calculator, a single person can live comfortably on a salary of around $36K to $40K a year in Georgia, while a family of four would need to earn around $98K a year.
Of course, this will vary depending on where you will purchase Georgia condos for sale and your individual lifestyle, but overall the cost of living is relatively low compared to other states.
The Georgia Things To Do
This southern state is a treasure trove of things to do, whether you're a history buff, foodie, or outdoor enthusiast. If you’re looking to buy one of the condos for sale in Georgia, these are some of the activities you need to do and some of the experiences you should live here:
- Enjoy any can’t-miss Atlanta Music Festivals, like the Atlanta Jazz Festival or ONE Musicfest.
- Visit the 28 attractions on Georgia's Footsteps of Dr. Martin Luther King, Jr. Trail across eight cities.
- Let yourself be amazed by the Georgia Aquarium, the largest aquarium in the country and one of the top attractions in the state.
- Book tee time in one of the 150 golf courses and clubs across Georgia.
- Explore Georgia’s natural wonders, like Okefenokee Swamp, Amicalola Falls, Providence Canyon, and Tallulah Gorge.
- See haunted landmarks and take a ghost tour in Savannah, America's "most haunted city."
- Have a foodie experience, whether it is trying classic dishes like southern BBQ, shrimps over hush puppies, or tasting seasonal produce like fresh peaches and strawberries picked right from the farm.
- Do something film-related, like touring the sets and locations of Georgia movies and shows, or attend one of the state's many film festivals.
- Have water-based fun! Georgia has several beaches, lakes, and rivers, including Tybee Island, Lake Lanier, and Toccoa River.
Living in Georgia Condos
Georgia Sports
Sports fans in Georgia are spoiled for choice when it comes to rooting for their local teams. With three professional franchises in the state: Atlanta Braves, Atlanta Falcons, Atlanta United, and Atlanta Hawks, followers of baseball, football, soccer, and basketball always have something to cheer about.
But sports culture in Georgia extends far beyond these teams. The state is also home to a thriving college sports scene, with some of the country's top football and basketball programs located there. And it's not just the traditional sports with a strong presence in Georgia, either.
NFL Europe had successful franchises in the state, while Ice Hockey teams also have a good following. Simply put, anyone who enjoys passionate sporting competition and a lively atmosphere will feel right at home in Georgia condos for sale.
The Booming Job Market
The Georgia condos for sale attract many young professionals due to the state's low unemployment rate (3.1%) and booming job market across diverse industries, including food processing, agribusiness, aerospace, automotive, energy, advanced manufacturing, technology, tourism, and film and entertainment.
Georgia has been a popular choice among large companies, so it's common to see some of the biggest names operating there. Georgia is home to 18 companies on the Fortune 500 list, and more than 450 companies have operations in the state. Some of the biggest employers in the state are companies that you may already be familiar with, such as:
- The Coca-Cola Company
- UPS
- The Home Depot
- Equifax
- DHL
- SunTrust Banks
- Delta Air Lines
Residents of Georgia can benefit from not only various job opportunities but also comparatively low taxes. The state income tax, sales tax, and property tax are below the national average.