FMLS Residential · neighborhood

Morningside

Neighborhood series. Most months are too thin for a median. 124 closings in the last 12 months. Use Atlanta as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 27 active · 2 under contract · 7 pending. Total residential listings by status: 36.

Data confidence: High. 124 closings in the last 12 months. Enough closings to read a trend.

12-month closings124Enough to sketch a range
12-month median$1,464,466Volume-weighted, not one month
12-month $/SF$460Better than the median here
Live active272.3 months of supply
12-month DOM2553.2% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 124 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Atlanta, then adjust for this subdivision’s size, age, and condition.
  • 27 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Morningside, Atlanta →

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+296.2%$1,565,000 vs $395,000 FMLS-wide
$/SF+153.1%$472 vs $187 FMLS-wide
DOM+0%33 days vs 33 FMLS-wide
Sale/list-2.3 pts96.5% vs 98.8%
Seller-leaning

2.3 months of supply on last month’s pace (27 active ÷ 12 closings). 2.6 months on the trailing-12 pace (average 10 closings a month). These are different windows.Sellers have leverage on well-priced homes. 75.0% of last month’s closings were below list. Days on market are up 27% from a year ago.

Homes for sale in Morningside, Atlanta →

How homes actually closed

Based on 12 closings. One sale moves these percentages by 8 points. Read the direction, not the exact share.

Above list16.7%More than 1% over list
At list8.3%Within 1% of list
Below list75.0%More than 1% under list
Price reduced25.0%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.247 pending ÷ 29 (active + under contract)
New / closed0.9211 listed in 30 days vs 12 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Morningside

High confidence. 124 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $1,464,466.
  • Start with Atlanta, then adjust for lot, size, age, and condition.
  • 27 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Morningside, Atlanta →
  • Homes that sold in the last year took about 25 days. If you list, price to the 12-month $/SF ($460), not a single recent sale.

What this means if you are listing in Morningside

  • Price to the 12-month median and $/SF ($1,464,466, $460), not last month and not the FMLS-wide number. Then check it against Atlanta.
  • 2.3 months of supply on last month’s pace. Homes that sold in the last year took about 25 days. Longer than the 12-month DOM usually means the price is high.
  • 53.2% of the last 12 months’ closings were below list. 31.5% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Morningside, Atlanta →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 31.5% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Atlanta, then this subdivision’s 12-month $/SF.
  • Last month had 12 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Morningside, Atlanta →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k12.8%
$750k–1M513.9%
$1M+3083.3%

Property types

TypeListedMedian ask
Single Family Residence35$1,945,000
Condominium1$235,000

27 active, 2 under contract, 7 pending. 11 new in the last 30 days.

Median close price

Median close price · 2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Neighborhood medians show with 1+ closings. One sale moves the number; use the 12-month figure for context.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202612$1,565,000$4723396.5%75.0%25.0%
Aug 20269$1,304,500$4654696.4%55.6%55.6%
Jul 20267$1,350,000$4503496.8%71.4%57.1%
Jun 20268$2,360,000$3992298.2%62.5%50.0%
May 202612$1,214,000$4721199.0%50.0%16.7%
Apr 202612$1,294,250$5184100.4%25.0%25.0%
Mar 202610$1,471,250$4426100.1%40.0%20.0%
Feb 20265$2,050,000$5899997.6%60.0%20.0%
Jan 20265$1,850,000$3723994.9%100.0%20.0%
Dec 202515$1,225,500$4324695.8%60.0%46.7%
Nov 202513$1,300,000$4948100.0%38.5%15.4%
Oct 202516$1,446,830$4297100.0%43.8%31.3%
Sep 20257$1,500,000$4412699.7%42.9%28.6%
Aug 202513$1,270,000$448998.6%53.8%23.1%
Jul 20257$1,325,000$4785101.1%42.9%14.3%
Jun 202512$1,686,950$455698.9%58.3%8.3%
May 202513$1,550,000$4829100.0%38.5%23.1%
Apr 202512$1,450,500$4884100.0%41.7%8.3%
Mar 202512$1,412,500$4584100.6%33.3%25.0%
Feb 20255$1,260,000$4105698.3%80.0%60.0%
Jan 20254$1,400,000$3635695.0%100.0%25.0%
Dec 202410$1,391,000$4361396.9%80.0%0.0%
Nov 202410$1,419,250$4332099.8%40.0%20.0%
Oct 20248$1,278,500$4562198.6%50.0%25.0%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Atlanta city trends →

Homes for sale in Morningside, Atlanta → · ← FMLS report