Chamblee, Georgia is found between Brookhaven and Doraville. In recent years, this sleepy “little town” has become a vibrant place to live with existing single family neighborhoods, numerous condo options and now, new single family and townhome construction. Also it’s prime location ITP (Inside The Perimeter) has made home values rise dramatically in the past few years.
In this post, we want to focus on the 2018 real estate year in Chamblee and what the real estate market was like. You can find more information about Chamblee here.
Chamblee GA 2018 Year End Real Estate Market Report
Disclaimer: The 30341 Zip Code, which is the primary one for the city, extends WELL beyond the actual boundaries of the City of Chamblee. Therefore, we have worked to limit the scope of this report to real estate sales specifically in the City. But, you will also find homes listed with Chamblee as the city that are not actually inside the Chamblee City limits.
Single Family Homes
In 2018, there were 158 single family homes sold, ranging in price from $153,300 to $880,000. Yes, that is quite the range of home prices. But Chamblee still has “up and coming” areas with recent annexation of areas between Buford Highway and I-285, and more established areas like Huntley Hills, which has started to see new infill construction, and then new construction communities like The Collection at Perimeter Park that has both single-family and townhome options.
Chamblee values (i.e. prices) have risen dramatically in recent years, but as we mentioned there are still several areas where homes can be purchased and with renovations, theses neighborhoods will likely see their prices rise in the future as well.
CLICK HERE to see the Complete 2018 Market Report
Condominiums/Townhomes
This ever popular type of home, both condominium and townhomes, has options in both in Chamblee. Most of the condominium-type communities are located close to Downtown Chamblee and the MARTA station, making them convenient for people who may work in Midtown or Downtown. The arrival of the Whole Foods Market and Peachtree Station shopping center have also been a great addition to the area.
In 2018, there 111 sales, ranging in price from $175,000 at Lofts at 5300 to $526,592 at the new Townsend Chamblee townhome community on Chamblee Dunwoody Road. There are several new townhome communities under construction in the area, and several others in development stages.
CLICK HERE to see the Complete 2018 Market Report
What’s The Real Estate Market Like in Chamblee?
If you are looking for a place where home values have been rising, and will be sure to rise, then look at Chamblee. The City is working on the redevelopment of its Downtown area, not to mention all the other construction that is happening. There are numerous new rental options also available, or coming on-line in the near future to give you an opportunity to experience Chamblee short term, and then find the perfect neighborhood for you!
Affordable single family homes can still be found in some neighborhoods, and like Doraville, are perfect for renovations to return them to the mid-century modern glory. A fully renovated home can easily sell in the low $300,000 range.
Another great source of information about Chamblee can be found at the Chamblee City Website.
If you are looking to Buy or Sell a home in Chamblee, MyMidtownMojo.com can help! We have lived in the Chamblee area for 20-plus years and have seen the changes and opportunities here!
Selling? Do you want to sell your Chamblee single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you!
Buying? Are you looking to buy a Chamblee home, condo or townhome? We can set up specific searches for you based on price, community or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!
