Is Fulton 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, Fulton County has remained a Seller's Market.
Housing Prices in Fulton County, GA
How much do homes in Fulton County, GA cost?
Median Sold Price
$467,764
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fulton County was $467,764 in May 2024, up 7.5% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $254.9K | $259.7K | +1.9% |
2 Bedrooms | $322.2K | $340.7K | +5.7% |
3 Bedrooms | $374.5K | $392.5K | +4.8% |
4 Bedrooms | $558.8K | $600.6K | +7.5% |
5+ Bedrooms | $854.6K | $923.5K | +8.1% |
Summary: Fulton County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Counties
Cherokee County | $431.5K | $464.9K | +7.8% |
Fulton County | $435.1K | $467.7K | +7.5% |
Forsyth County | $549K | $580K | +5.6% |
Cobb County | $410.2K | $425K | +3.6% |
DeKalb County | $345.1K | $349.7K | +1.3% |
Housing Supply in Fulton County, GA
How many homes are available in Fulton County, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8,030 | 9,067 | +12.9% |
Summary: The Fulton County real estate market had 9,067 homes for sale in May 2024, a 12.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 661 | 743 | +12.4% |
2 Bedrooms | 1,282 | 1,447 | +12.9% |
3 Bedrooms | 2,659 | 2,932 | +10.3% |
4 Bedrooms | 1,785 | 2,033 | +13.9% |
5+ Bedrooms | 1,643 | 1,912 | +16.4% |
Summary: The Fulton County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.4%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 16.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,685 | 1,608 | -4.6% |
Asking Price vs. Sold Price
687 Homes Were Sold
Under Asking
342 Homes Were Sold
At Asking
502 Homes Were Sold
Over Asking
Summary: A total of 1,608 homes were sold or pending in Fulton County in May 2024, down by 4.6% month-over-month. Of the 1,531 sold homes, 45% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Fulton County, GA
How long does it take to sell a home in Fulton County, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 29 Days | +7.2% |
Summary: Homes in Fulton County had an average of 29 days on market in May 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
1,131 Homes Were Sold
Under 30 Days
360 Homes Were Sold
In 30 - 90 Days
117 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1608 homes were sold in Fulton County; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.