Is Coweta County, 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, Coweta County has remained a Seller's Market.
Key Takeaway
Coweta County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coweta County, GA
How much do homes in Coweta County, GA cost?
Median Sold Price
$402,168
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Coweta County have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Coweta County was $402,168 in May 2024, up 3.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $90K | -61.7% |
| 2 Bedrooms | $232.4K | $275K | +18.3% |
| 3 Bedrooms | $308.8K | $326.8K | +5.8% |
| 4 Bedrooms | $455.1K | $445K | -2.2% |
| 5+ Bedrooms | $574.9K | $603.6K | +5.0% |
Summary: Coweta County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61.7%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Counties
| Heard County | $241K | $269.5K | +11.8% |
| Fayette County | $456.3K | $485K | +6.3% |
| Coweta County | $390K | $402.1K | +3.1% |
| Meriwether County | $249.9K | $249.9K | 0% |
| Spalding County | $250.6K | $250.2K | -0.1% |
Housing Supply in Coweta County, GA
How many homes are available in Coweta County, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 829 | 935 | +12.8% |
Summary: The Coweta County real estate market had 935 homes for sale in May 2024, a 12.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 30 | 30 | 0.0% |
| 3 Bedrooms | 300 | 328 | +9.3% |
| 4 Bedrooms | 325 | 377 | +16.0% |
| 5+ Bedrooms | 172 | 198 | +15.1% |
Summary: The Coweta County 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 remained the same, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 15.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 197 | 214 | +8.6% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
77 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coweta County, expect to pay close to the asking price. 39.3% of homes here sold near the asking price last month.
Summary: A total of 214 homes were sold or pending in Coweta County in May 2024, up by 8.6% month-over-month. Of the 196 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for Coweta County, GA
How long does it take to sell a home in Coweta County, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 37 Days | +7.7% |
Summary: Homes in Coweta County had an average of 37 days on market in May 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
145 Homes Were Sold
Under 30 Days
47 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coweta County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 214 homes were sold in Coweta County; 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.
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.