August 6, 2026
Open a housing portal for Sandy Springs in the summer of 2026 and you will see a number in the neighborhood of $700,000. Redfin put the three-month median at $700K through April 2026. Zillow's home value index landed at $701,613 as of June 30. Movoto pegged the July 2026 median list at $699K with homes sitting 46 days.
That number is real. It is also close to useless as a shopping guide, because almost no actual house in Sandy Springs sold at that price.
The city median is a blended figure. It combines single-family homes on wooded Riverside lots with one-bedroom condos off Roswell Road, then reports the middle of the pile.
Pull the two segments apart and the picture changes. A April 2026 market report from a local brokerage separated the categories and found a single-family median sold price of $1,125,000 with a year-to-date median of $1,155,000, up roughly 36% from the same period a year earlier. Condos in the same month posted a $250,000 median, down about 10% year over year. Single-family homes moved in a median of 12 days at 99.3% of list price. Condos took 46 days.
Two segments. Same ZIP codes. A price gap of more than four to one. A buyer walking in with $700,000 is not shopping the median. That buyer is looking above the condo band and well below the single-family band, in the thinnest slice of the inventory.
| Segment (April 2026) | Median sold | Median DOM | List-to-sold | YoY direction |
|---|---|---|---|---|
| Single-family | $1,125,000 | 12 days | 99.3% | Up sharply YTD |
| Condo | $250,000 | 46 days | Softer | Down ~10% |
| Blended portal figure | ~$700,000 | ~41 days | — | Roughly flat |
The blended figure is what shows up on the portals. The two rows above it are what you actually transact against.
Riverstone's mid-2026 read described the tightest competition in the $700,000 to $1.5 million band, particularly for single-family homes with a primary suite on the main level near the Heards Ferry and Riverwood attendance zones. That is consistent with the 12-day single-family DOM. Prepared homes in that band clear quickly because the pool of buyers has been sitting on cash and rate-locked pre-approvals, waiting for a specific kind of listing.
The condo side tells the opposite story. More units are trading (April 2026 condo volume was up roughly 29% year over year), but sellers are accepting lower prices to move product. If you are a first-time buyer or a downsizer inside that segment, you have leverage that the portal median does not advertise.
The next three years of construction in Sandy Springs are stacked heavily on the multifamily and townhome side, which will deepen the divide rather than bridge it.
Read those four projects together. The pipeline near the two MARTA nodes and City Springs is overwhelmingly rental, for-rent townhome, and higher-end condo. It adds inventory to the segment that already has the longest days on market. It does not add single-family stock in the school-anchored neighborhoods where DOM is running under two weeks.
For a buyer, that means the single-family scarcity is structural for the next few years. For a seller in that band, it means the leverage you have in 2026 is not a temporary blip driven by rates.
A few things happening at the city level are worth putting on your map before you tour, because they shift which streets get walkable and which get faster:
None of those items will show up in a Zestimate this quarter. All of them affect what a specific address is worth in three to five years.
Under $400,000. You are shopping condos, mostly. April 2026 condo activity was up sharply on volume with prices soft, which favors patient buyers who can look past cosmetic dating. Days on market in this segment sit near 46, so you have room to negotiate and to inspect carefully.
$400,000 to $700,000. This is the thinnest slice of the inventory, and the least representative of the portal median. You will see a mix of larger condos, townhomes including new Waterside product, and a small number of older single-family homes needing updates. Expect competition on anything move-in ready.
$700,000 to $1.5 million. Riverstone flagged this band as the tightest in the city. Prepared single-family homes with a main-level primary are clearing at 99% of ask in under two weeks. The move here is preparation and offer strategy, not price discovery.
Above $1.5 million. The upper single-family band near Riverside and the Chastain-adjacent pockets carries the average sold price above the median. Longer marketing times, more room for a serious buyer to negotiate on condition, and appraisal comps that require an agent who tracks estate sales specifically.
Two frictions come out of the split that catch buyers and sellers off guard.
Appraisals do not average across the split. An appraiser working a $1.1M single-family contract in the Heards Ferry area is not pulling condo comps or townhome comps. But an appraiser handling a $650,000 detached home in a transitional pocket may struggle to find three clean comps because the pool is small. Sellers in that middle band should prepare a comp package before listing. Buyers should expect appraisal gap conversations on anything unusual.
Pre-inspection changes negotiating position more here than in most metros. With single-family DOM at 12 days and list-to-sold at 99.3%, sellers who present a pre-inspection and a repair posture up front are collapsing the diligence period into the offer round. Buyers in that segment are increasingly writing offers that assume the seller has already done the work. If you are selling a single-family home in the tight band and you skip this step, you are inviting the buyer to reopen price after binding.
Is the Sandy Springs market up or down in 2026? Both, depending on segment. Single-family YTD median is up meaningfully year over year. Condo median is down. The blended citywide figure looks flat because the two segments are moving in opposite directions.
Do the new developments near City Springs mean prices will cool? Not for single-family. The pipeline is adding rental and higher-end condo product near MARTA and City Springs. It does not replace supply in school-anchored single-family neighborhoods.
Should I wait for Hillcrest or Embassy Row to deliver before buying? If you are shopping condos or townhomes near the Perimeter, the added supply arriving 2027 through 2032 may soften pricing in that segment. If you are shopping single-family homes in the Heards Ferry or Riverwood attendance areas, waiting on multifamily deliveries does not address your supply problem.
Where is the best value inside the city right now? The upper end of the condo segment and the lower end of the townhome segment, based on days on market and year-over-year price movement through April 2026. Individual addresses vary.
If you are weighing a purchase or a sale in Sandy Springs, the right move starts with matching your goals to the correct half of the market, not the blended figure the portals report. Cheever Home Group works both sides of that split every week, from Riverside single-family homes to Perimeter condos, and can walk you through what your budget actually buys before you tour a single house. Get in touch when you are ready to talk specifics.
With more than 40 years of combined experience, deep local expertise, and a client-first approach, Cheever Home Group delivers personalized guidance, skilled negotiation, and proven results throughout every stage of your real estate journey.