What Buyers Need To Know About Homeowners Association Fees

When buying a home, most buyers are focused on mortgage rates, home prices, down payments, and maybe even closing costs. But here’s one factor you shouldn't overlook: Homeowners Association (HOA) fees. You may or may not encounter them depending on the neighborhood—but knowing how they work can help you make a smarter move.

As someone who’s guided many clients through HOA and non-HOA communities here in Metro Atlanta, I always say this: Understanding the value—and the cost—is key.

The Benefits of Having an HOA

If you’ve fallen in love with a neighborhood because of its lush landscaping, clean streets, or that beautiful community entrance—chances are an HOA is behind that curb appeal. Here’s why many buyers actually appreciate the presence of a well-managed HOA:

✅ Neighborhood Maintenance – HOAs often take care of landscaping, snow removal, and the upkeep of shared spaces like entrances and greenways.

✅ Amenities – Think pools, clubhouses, fitness centers, tennis courts, or even private security. These perks can save you the cost of separate memberships and give you instant community access.

✅ Property Value Protection – By enforcing maintenance standards, HOAs help protect your home’s value and prevent the neighborhood from falling into disrepair.

✅ Less Personal Upkeep – In some communities, HOAs even cover exterior maintenance, roofing, or yard work—freeing up your weekends and peace of mind.

HOA Fees: More Common, Especially in Newer Neighborhoods

Do all homes come with HOA fees? Not necessarily—but they’re increasingly common.

📊 According to the Wall Street Journal, more than 80% of newly built single-family homes are in HOA communities (see chart).

And it’s not just new homes. A report from Axios notes that roughly 4 out of 10 existing homes had HOA fees in 2024.

As Metro Atlanta continues to expand with new construction and planned communities, HOA neighborhoods are the norm more than the exception—especially in places like Woodstock, Alpharetta, and Smyrna.

HOA Fees and Your Home Search

One of the most important things I do for my clients is break down the true cost of living in a home—and that includes HOA dues.

Some neighborhoods charge monthly, others quarterly. Some don’t charge at all. According to Realtor.com, the median HOA fee last year was $125/month, but that varies by location, amenities, and management.

Here’s what Danielle Hale, Chief Economist at Realtor.com, suggests:

“When considering a home with an HOA, buyers should work to understand what benefits it provides like maintenance, security, or communal amenities, and how the HOA fees factor into their overall budget.”

💡 Pro Tip: Always ask for the HOA disclosure documents early so you can see the rules, restrictions, and what's covered in writing before committing.

Bottom Line

Before you say “yes” to the address, be sure to know what HOA fees might apply and how they align with your lifestyle and budget. For some, the perks are well worth the price. For others, full control without monthly dues might be more appealing.

🏡 Need help weighing the pros and cons of HOA vs. non-HOA communities?
Let’s talk through your goals and find the right fit for you.

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📝 Source: Keeping Current Matters