Is Douglas 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, Douglas County has remained a Seller's Market.
Housing Prices in Douglas County, GA
How much do homes in Douglas County, GA cost?
Median Sold Price
$320,315
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Douglas County was $320,315 in May 2024, up 1.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.7K | $180K | 0.2% |
2 Bedrooms | $180K | $198.4K | +10.2% |
3 Bedrooms | $275.1K | $275K | -0.1% |
4 Bedrooms | $349.7K | $354.1K | +1.2% |
5+ Bedrooms | $448.1K | $469.7K | +4.8% |
Summary: Douglas County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 10.2%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Counties
Fulton County | $435.1K | $467.7K | +7.5% |
Cobb County | $410.2K | $425K | +3.6% |
Carroll County | $292.2K | $299.5K | +2.5% |
Douglas County | $314.8K | $320.3K | +1.7% |
Paulding County | $351.2K | $355K | +1.1% |
Housing Supply in Douglas County, GA
How many homes are available in Douglas County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
851 | 978 | +14.9% |
Summary: The Douglas County real estate market had 978 homes for sale in May 2024, a 14.9% 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 | 26 | 30 | +15.4% |
3 Bedrooms | 346 | 406 | +17.3% |
4 Bedrooms | 325 | 348 | +7.1% |
5+ Bedrooms | 154 | 194 | +26.0% |
Summary: The Douglas 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 increased by 15.4%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 26%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
183 | 195 | +6.6% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
58 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Summary: A total of 195 homes were sold or pending in Douglas County in May 2024, up by 6.6% month-over-month. Of the 187 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% were sold over asking.
Days on Market for Douglas County, GA
How long does it take to sell a home in Douglas County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 38 Days | -10.7% |
Summary: Homes in Douglas County had an average of 38 days on market in May 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
114 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Summary: During May 2024, 195 homes were sold in Douglas County; 58% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.