The median sale price for a home in Alpharetta, GA was roughly $749,643 over the 90 days ending September 30, 2026. That figure was entirely flat compared to the same period a year earlier.
That headline number gives you a quick orientation, but almost no one pays exactly that amount. The Alpharetta market breaks into three distinct property types, with median prices ranging from under $400,000 for a condo to over $850,000 for a single-family house.
Key takeaway
That blended median masks a wide spread. Almost nobody pays it, because what you spend depends mostly on how much space you buy and which home type you choose. If you want room to negotiate, start with townhouses, where prices are falling and supply is deepest. If you want the most house per dollar and can compete, single-family homes cost the least per square foot.
Who this guide is for
You are setting a budget for an Alpharetta purchase and deciding whether a single-family home, townhouse, or condo gets you the space you need at a price you can win.
Average home price in Alpharetta, GA right now
The citywide median is a blend almost nobody pays. Home types sell within a narrow per-square-foot range, so your price is set mainly by how much space you buy. Townhouses, with 7.5 months of supply and prices falling year over year, are where a buyer has the most room to negotiate right now. Single-family homes, the tightest part of the market, are where competition arrives fast.
Real estate tracking services report a median sale price rather than an arithmetic average. A median is the exact middle point of all sales, which keeps a handful of multi-million-dollar estates from pulling the citywide number artificially high.
Geographic boundaries matter with these citywide figures. An Alpharetta mailing address uses ZIP codes like 30004, 30005, 30009, and 30022, which extend beyond the official municipal boundary into neighboring Milton, Johns Creek, and unincorporated Forsyth County. You can check ongoing month-by-month trends on the housing market trends page.
Price per square foot in Alpharetta
The median price per square foot across all Alpharetta homes is $266. Break that down by property type and the figures range from the lowest, for single-family homes, to the highest, for condos. The gap between home types is mostly a matter of size, not a meaningful premium for one style over another.
Decide how many square feet you need first. The price will largely follow. A median per square foot also moves with the home's age, lot size, and specific location, so pull 90-day sold comps for your target size, home type, and subdivision before trusting any citywide estimate.
Example: how much space $500,000 or $800,000 buys
Using that citywide median, a $500,000 budget buys approximately 1,880 square feet. At $800,000, you're looking at roughly 3,000 square feet, which is close to what the typical single-family home offers. You can run the math in reverse by multiplying your desired square footage by that median to get a starting estimate.
A citywide median per square foot hides newer construction and premium locations, which run higher. Treat the result as a range to test against sold comps, not a firm target price. The most expensive home type in Alpharetta, single-family, is also the cheapest per square foot.
Single-family home prices in Alpharetta
Single-family houses offer the most living space for your money, but they leave the least room to bargain. The median sale price for a single-family home in Alpharetta recently reached $854,659.
Nearly one in five of these houses, 17.8%, sold above the asking price. Budget for a full-price offer and clean terms rather than expecting a discount. This priciest property type costs the least per square foot of any home type in Alpharetta.
What you give up is a lower entry price, and when a well-priced house hits the market, competition arrives fast. You can review the neighborhoods page to narrow down where to start your search.
Townhouse prices in Alpharetta
Townhouses are where a buyer has the most room to negotiate right now. The median sale price sits at $615,007, reflecting an 8.5% decline year over year.
Falling values combined with deep supply give you room to negotiate on price, request repairs, or ask for closing-cost help. Over the last 90 days, more than twice as many townhouses were listed for sale as sold. Before making an offer, ask the HOA for current dues, what they cover, reserve levels, and any pending special assessments.
The downside is that a soft segment cuts both ways. If you need to sell within a few years, you may face the same buyer's market you bought in.
Condo prices in Alpharetta
Condominiums offer the lowest entry price into the city, though the data here is based on a small sample. The median sale price is $384,960, showing a 16% rise over the past year based on 23 condo sales, so it likely reflects which specific units changed hands rather than a broad market shift.
Condos also carry Alpharetta's highest price per square foot. Check whether a complex is on HUD's approved list if you plan to use an FHA loan, and confirm current dues with the association. Condos are the slowest property type to sell here, which matters when you eventually list the property yourself. You can read the first-time buyers guide for more on this entry-level bracket.
How much below asking homes sell for in Alpharetta
Single-family homes recently sold for 98.6% of their list price after a median 37 days on the market. Townhouses closed at that sale-to-list ratio after 60 days, while condos sold for 97.2% after a median 78 days.
A typical townhouse seller accepted about 1.8% under asking, which translates to roughly $11,000 off a $615,000 list price. A listing sitting past its property type's median days on market is a clear signal you can ask for more concessions.
Every transaction is different, and offers depend entirely on the specific house. The North Georgia Group can pull recent sold comps for a specific home type and size to help you gauge an appropriate offer. If you're preparing to list your own property, review the selling a home page for current seller strategies.
Which Alpharetta home type fits your budget
Your budget and priorities determine the right property type.
Do you need a yard and the most interior space for the money? Read the single-family section and expect to pay at or near asking.
Is your ceiling well under the single-family median? Compare the townhouse and condo sections, and use the square-footage example to see what that budget buys.
Is negotiating on price or seller concessions important to you? Start with the townhouse section, then check the days-on-market figures to see where sellers might be flexible.
Are you financing with a low down payment or an FHA loan? Read the condo section's FHA approval check and review the available homebuyer programs and down payment help before shortlisting properties.
Other costs of buying a home in Alpharetta
Your property tax bill depends on the Fulton County and City of Alpharetta millage rates, along with your homestead exemption eligibility. Run the specific address through the county tax estimator and check whether that address falls inside City of Alpharetta limits or in Milton, Johns Creek, or Forsyth County, since that determines which tax rate applies.
Georgia charges a Real Estate Transfer Tax of $1.00 for the first $1,000 and $0.10 for each additional $100, which the buyer often pays at closing. For townhouses and condos, confirm HOA dues, what they cover, reserve levels, and any pending special assessments before closing. Compare your options for utilities to understand how city versus well water affects your monthly bills. Confirm school assignment for the specific address with the district's school locator, and don't rely on a listing's school claims. Finally, check the local homebuyer programs and down payment help to see what financing support is available.
At a glance
All homes (90 days ending Sept. 30, 2026): median sale price $749,643, unchanged (0%) year over year; 218 homes sold
All homes (90 days ending Sept. 30, 2026): median 50 days on market; 98.4% sale-to-list; 15.4% sold above list
All homes (90 days ending Sept. 30, 2026): 5.2 months of supply; 368 homes for sale; $266 median price per square foot
Single-family homes (90 days ending Sept. 30, 2026): median sale price $854,659, up 1.8% year over year; 137 sold; median 37 days on market
Single-family homes (90 days ending Sept. 30, 2026): 98.6% sale-to-list; 17.8% sold above list; 4.1 months of supply; 184 for sale; $263 median price per square foot
Townhouses (90 days ending Sept. 30, 2026): median sale price $615,007, down 8.5% year over year; 57 sold; median 60 days on market
Townhouses (90 days ending Sept. 30, 2026): 98.2% sale-to-list; 12.5% sold above list; 7.5 months of supply; 140 for sale; $269 median price per square foot
Condos (90 days ending Sept. 30, 2026; based on only 23 sales, so treat with caution): median sale price $384,960, up 16% year over year; median 78 days on market
Condos (90 days ending Sept. 30, 2026; based on 23 sales): 97.2% sale-to-list; 4.3% sold above list; 5.6 months of supply; 43 for sale; $275 median price per square foot
Source: Redfin data, City of Alpharetta
Alpharetta home price FAQs
What is the average cost of living in Alpharetta, GA?
Housing is the biggest cost driver, influenced by the home prices discussed above. According to MIT's Living Wage Calculator for Fulton County, GA, a single adult with no children needs a living wage of $26.73 per hour. You can review the full cost of living breakdown to see what groceries, utilities, and transportation run.
Is Alpharetta a wealthy area?
Home values here indicate a high-priced real estate market. The all-homes median sale price in Alpharetta sits near three-quarters of a million dollars, reflecting strong property values. Check current statewide figures to see how this compares to the rest of Georgia.
What salary do you need to buy a home in Alpharetta?
For illustration only: a median-priced townhouse financed at a 7.03% interest rate requires factoring in Fulton County's 2026 millage rate of 8.87 mills and Alpharetta's 5.750 mills. Under CFPB guidelines, your total monthly debt payments can't exceed 43% of your income to qualify for a standard mortgage. You should explore local homebuyer programs to see if down payment assistance can lower your required salary.
Is Alpharetta more expensive than Atlanta?
Alpharetta generally carries higher home prices than the broader Atlanta market. You can compare the current figures directly on the Alpharetta vs Atlanta prices page to see how commutes and taxes affect your total costs.
Will houses get more expensive in Alpharetta?
The market currently holds 5.2 months of supply across all homes, which signals a relatively balanced environment. Prices for single-family homes and townhouses are moving in different directions right now. Check the housing market trends page for ongoing updates.
How much does a 4-bedroom house cost in Alpharetta?
The market data doesn't split sale prices by bedroom count. You can use the square-footage example above to estimate the cost of a home large enough to hold four bedrooms, then pull recent 4-bedroom single-family sold comps to get a precise target.
How much does it cost to build a house in Alpharetta?
Building costs depend on materials and labor, which sit entirely separate from the resale price-per-square-foot figures discussed above. Land acquisition and lot preparation come on top of physical construction costs. Get direct quotes from local builders for accurate pricing.
How much is rent in Alpharetta compared with buying?
According to the U.S. Census Bureau's 2020-2024 American Community Survey, the median gross rent in Alpharetta city was $1,948. Renting at this level is generally lower than the monthly mortgage payment on a median-priced home at current interest rates.
