Is Acworth, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Acworth is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Acworth has remained a Seller's Market.

Key Takeaway

Acworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Acworth, GA

How much do homes in Acworth, GA cost?

Median Sold Price

$414,307

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,714(+2.9%)

Key Takeaway

Homes in Acworth have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Acworth was $414,307 in November 2024, up 2.9% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $162.5K$140K
-13.8%
2 $295K$306.1K
+3.8%
3 $355K$365K
+2.8%
4 $429.9K$445.3K
+3.6%
5+ $560K$585K
+4.5%

Summary: Acworth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

Acworth
+2.9%
Acworth-Kennesaw
+1.1%
Kennesaw
0.2%

Housing Supply in Acworth, GA

How many homes are available in Acworth, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
675656-2.8%

Summary: The Acworth real estate market had 656 homes for sale in November 2024, a 2.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 4037
-7.5%
3 229237
+3.5%
4 227207
-8.8%
5+ 179175
-2.2%

Summary: The Acworth housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 2.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
143116-18.9%

Asking Price vs. Sold Price

57 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Acworth, you may be able to get a good deal. 50.9% of homes here sold below asking price last month.

Summary: A total of 116 homes were sold or pending in Acworth in November 2024, down by 18.9% month-over-month. Of the 112 sold homes, 51% were sold under asking, 30% were sold at asking, and 19% were sold over asking.

Days on Market for Acworth, GA

How long does it take to sell a home in Acworth, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days42 Days+36.0%

Summary: Homes in Acworth had an average of 42 days on market in Nov 2024, up by 36% compared to last year.

Breakdown of Home Sale Times

58 Homes Were Sold
Under 30 Days

46 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Acworth are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 116 homes were sold in Acworth; 50% of homes were sold within 30 days, 40% 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 17 Days Ago

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