Is Dacula, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dacula has remained a Seller's Market.
Housing Prices in Dacula, GA
How much do homes in Dacula, GA cost?
Median Sold Price
$451,464
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dacula was $451,464 in May 2024, up 5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $221.5K | $245K | +10.6% |
3 Bedrooms | $349.9K | $376.2K | +7.5% |
4 Bedrooms | $415K | $430K | +3.6% |
5+ Bedrooms | $517K | $550.7K | +6.5% |
Summary: Dacula 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 10.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Dacula-Rocky Creek | $441.8K | $464.3K | +5.1% |
Dacula | $430K | $451.4K | +5.0% |
Housing Supply in Dacula, GA
How many homes are available in Dacula, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
345 | 367 | +6.4% |
Summary: The Dacula real estate market had 367 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 | 0 | 2 | +100.0% |
3 Bedrooms | 66 | 66 | 0.0% |
4 Bedrooms | 125 | 138 | +10.4% |
5+ Bedrooms | 154 | 161 | +4.5% |
Summary: The Dacula 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
93 | 85 | -8.6% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 85 homes were sold or pending in Dacula in May 2024, down by 8.6% month-over-month. Of the 77 sold homes, 45% were sold under asking, 21% were sold at asking, and 34% were sold over asking.
Days on Market for Dacula, GA
How long does it take to sell a home in Dacula, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 38 Days | +5.4% |
Summary: Homes in Dacula had an average of 38 days on market in May 2024, up by 5.4% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 85 homes were sold in Dacula; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.