Median Cobb County home sales climb over (gulp) half-million bucks

For proof that hightailing to Atlanta’s suburbs isn’t necessarily the cheap, fallback homebuying option it used to be, look no further than Cobb County.

According to data from real estate search service Tomo, the median home sale price in Georgia’s third largest county reached a “major milestone” in June by cresting $500,000.

That’s significantly higher than both Georgia’s statewide median home sale price right now ($386,000) and that of the U.S. collectively (roughly $419,000).

According to Tomo reps, June marked the first time median home sale prices have edged over a half-million dollars in Cobb County, which counts active listings as high as $7.7 million.

Last month, 526 homes sold across Cobb, nudging the median sales number up to $503,535.

Nonetheless, Cobb prices are hardly the most expensive in terms of counties in metro Atlanta.

That title goes to Fulton County—with its high-dollar intown neighborhoods and tony suburbs such as Roswell and Alpharetta—where median home sales had ballooned to $620,000 as of June.

But according to Tomo’s research, Cobb sales have climbed significantly higher than other metro county brethren, including Gwinnett ($460,000 median sale price), DeKalb ($456,000), and Clayton ($255,000).

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