Is Conley, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Conley was a Buyer's Market.
Key Takeaway
Conley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Conley, GA
How much do homes in Conley, GA cost?
Median Sold Price
$230,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Conley have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Conley was $230,000 in May 2024, down 11.5% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $69.2K | $74K | +6.9% |
| 3 Bedrooms | $208.2K | $210K | +0.8% |
| 4 Bedrooms | $306.2K | $274.5K | -10.4% |
| 5+ Bedrooms | $412.5K | $377.1K | -8.6% |
Summary: Conley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
| Forest Park | $190K | $198.9K | +4.7% |
| Atlanta-Decatur | $350K | $349.9K | 0% |
| Forest Park-Morrow | $232.6K | $230K | -1.1% |
| Ellenwood | $306.1K | $300K | -2.0% |
| Conley | $259.9K | $230K | -11.5% |
Housing Supply in Conley, GA
How many homes are available in Conley, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 50 | +6.4% |
Summary: The Conley real estate market had 50 homes for sale in May 2024, a 6.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 25 | 26 | +4.0% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Conley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conley, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Conley in May 2024, the same as the previous month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for Conley, GA
How long does it take to sell a home in Conley, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 44 Days | -10.7% |
Summary: Homes in Conley had an average of 44 days on market in May 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Conley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Conley; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.