Is Peachtree City-Tyrone, 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, Peachtree City-Tyrone has remained a Seller's Market.
Housing Prices in Peachtree City-Tyrone, GA
How much do homes in Peachtree City-Tyrone, GA cost?
Median Sold Price
$598,050
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Peachtree City-Tyrone was $598,050 in May 2024, up 10.7% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $196.5K | -6.4% |
2 Bedrooms | $415.5K | $392.5K | -5.5% |
3 Bedrooms | $398.9K | $460K | +15.3% |
4 Bedrooms | $535K | $617.6K | +15.4% |
5+ Bedrooms | $645K | $765K | +18.6% |
Summary: Peachtree City-Tyrone housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 18.6%.
Median Sold Price Compared To Nearby Cities
Peachtree City-Tyrone | $540.3K | $598K | +10.7% |
Tyrone | $535K | $589K | +10.1% |
Fayetteville | $401K | $436.8K | +8.9% |
Peachtree City | $522.4K | $556.5K | +6.5% |
Senoia | $524.3K | $538.9K | +2.8% |
Housing Supply in Peachtree City-Tyrone, GA
How many homes are available in Peachtree City-Tyrone, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
295 | 327 | +10.8% |
Summary: The Peachtree City-Tyrone real estate market had 327 homes for sale in May 2024, a 10.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 28 | 32 | +14.3% |
3 Bedrooms | 88 | 98 | +11.4% |
4 Bedrooms | 101 | 121 | +19.8% |
5+ Bedrooms | 76 | 75 | -1.3% |
Summary: The Peachtree City-Tyrone housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes decreased by 1.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
75 | 89 | +18.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Peachtree City-Tyrone in May 2024, up by 18.7% month-over-month. Of the 74 sold homes, 41% were sold under asking, 31% were sold at asking, and 28% were sold over asking.
Days on Market for Peachtree City-Tyrone, GA
How long does it take to sell a home in Peachtree City-Tyrone, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 18 Days | -30.8% |
Summary: Homes in Peachtree City-Tyrone had an average of 18 days on market in May 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
70 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 89 homes were sold in Peachtree City-Tyrone; 79% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.