Is Dacula-Rocky Creek, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacula-Rocky Creek is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Dacula-Rocky Creek has remained a Seller's Market.

Key Takeaway

Dacula-Rocky Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dacula-Rocky Creek, GA

How much do homes in Dacula-Rocky Creek, GA cost?

Median Sold Price

$464,393

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$22,576(+5.1%)

Key Takeaway

Homes in Dacula-Rocky Creek have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Dacula-Rocky Creek was $464,393 in May 2024, up 5.1% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $273.4K$397.9K
+45.5%
3 $362.8K$385K
+6.1%
4 $424.3K$443.8K
+4.6%
5+ $574.8K$575K
0.0%

Summary: Dacula-Rocky Creek 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 45.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Auburn
+18.1%
Dacula-Rocky Creek
+5.1%
Dacula
+5.0%
Braselton
+3.1%
Snellville-Grayson
+1.3%

Housing Supply in Dacula-Rocky Creek, GA

How many homes are available in Dacula-Rocky Creek, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
830929+11.9%

Summary: The Dacula-Rocky Creek real estate market had 929 homes for sale in May 2024, a 11.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 161173
+7.5%
4 274307
+12.0%
5+ 385440
+14.3%

Summary: The Dacula-Rocky Creek 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 decreased by 10%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
196217+10.7%

Asking Price vs. Sold Price

94 Homes Were Sold
Under Asking

52 Homes Were Sold
At Asking

58 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dacula-Rocky Creek, you may be able to get a good deal. 46.1% of homes here sold below asking price last month.

Summary: A total of 217 homes were sold or pending in Dacula-Rocky Creek in May 2024, up by 10.7% month-over-month. Of the 204 sold homes, 46% were sold under asking, 25% were sold at asking, and 28% were sold over asking.

Days on Market for Dacula-Rocky Creek, GA

How long does it take to sell a home in Dacula-Rocky Creek, GA?

Average Sale Time

May 2023May 2024CHANGE
33 Days38 Days+14.1%

Summary: Homes in Dacula-Rocky Creek had an average of 38 days on market in May 2024, up by 14.1% compared to last year.

Breakdown of Home Sale Times

148 Homes Were Sold
Under 30 Days

47 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dacula-Rocky Creek are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 217 homes were sold in Dacula-Rocky Creek; 68% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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