Is Big Creek, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Creek is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Big Creek, GA

How much do homes in Big Creek, GA cost?

Median Sold Price

$744,802

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$60,686(+8.9%)

Key Takeaway

Homes in Big Creek have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Big Creek was $744,802 in December 2024, up 8.9% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $323K-
N/A
2 $436.5K$479K
+9.7%
3 $494.5K$545K
+10.2%
4 $644.5K$680K
+5.5%
5+ $892.6K$895.5K
0.3%

Summary: Big Creek housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Cities

Roswell-Alpharetta
+9.4%
Big Creek
+8.9%
Alpharetta
+8.9%
Johns Creek
+8.1%
Suwanee-Duluth
+7.8%

Housing Supply in Big Creek, GA

How many homes are available in Big Creek, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
287256-10.8%

Summary: The Big Creek real estate market had 256 homes for sale in December 2024, a 10.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 8981
-9.0%
4 9075
-16.7%
5+ 9891
-7.1%

Summary: The Big Creek housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
6361-3.2%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Creek, you may be able to get a good deal. 66.1% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Big Creek in December 2024, down by 3.2% month-over-month. Of the 56 sold homes, 66% were sold under asking, 23% were sold at asking, and 11% were sold over asking.

Days on Market for Big Creek, GA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
26 Days37 Days+41.8%

Summary: Homes in Big Creek had an average of 37 days on market in Dec 2024, up by 41.8% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 61 homes were sold in Big Creek; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% 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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