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Atlanta

Microsoft Virtual Earth and Zillow.com

By Prashant Gopal

Atlanta

10 miles: -5.9%
20 miles: -6.3%
30 miles: -5.0%
40 miles: -4.0%
50 miles: 1.1%

The percent change for each 10-mile band is the change in median home values in the first quarter of this year compared with the same period last year, according to Zillow.com.

Zillow reports its data using the Zillow Home Value Index, which is the median Zestimate in dollars for a given geographic area for a particular period—exactly half the Zestimates for a region are below the Zindex value, and the other half are above it. Unlike other housing reports, Zillow estimates the value of all homes, not just the ones that area sold.