One of the hardest hit housing markets in the 2008 financial crisis
quick stats according to Zillow (03/2014)

The median home value in Atlanta is $145,300. Atlanta home values have gone up 15.7% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in Atlanta is $153, which is higher than the Atlanta Metro average of $90. The median price of homes currently listed in Atlanta is $189,900 while the median price of homes that sold is $231,465. The median rent price in Atlanta is $1,100, which is higher than the Atlanta Metro median of $1,050.
Market temperature is cold, which is good news for home buyers.