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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braselton is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Braselton was a Seller's Market.

Key Takeaway

Braselton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Braselton, GA

How much do homes in Braselton, GA cost?

Median Sold Price

$469,165

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,165(+4.3%)

Key Takeaway

Homes in Braselton have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Braselton was $469,165 in October 2024, up 4.3% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$2.8M
N/A
2 $420K$380.2K
-9.5%
3 $346.9K$388.3K
+11.9%
4 $450K$468K
+4.0%
5+ $540.8K$584K
+8.0%

Summary: Braselton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+8.8%
Hoschton
+7.5%
Braselton
+5.0%
Braselton
+4.3%
West Jackson
+3.0%

Housing Supply in Braselton, GA

How many homes are available in Braselton, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
177196+10.7%

Summary: The Braselton real estate market had 196 homes for sale in October 2024, a 10.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 3945
+15.4%
4 6163
+3.3%
5+ 6982
+18.8%

Summary: The Braselton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3423-32.4%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braselton, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Braselton in October 2024, down by 32.4% month-over-month. Of the 21 sold homes, 62% were sold under asking, 33% were sold at asking, and 5% were sold over asking.

Days on Market for Braselton, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days52 Days+73.7%

Summary: Homes in Braselton had an average of 52 days on market in Oct 2024, up by 73.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Braselton has remained consistent over time.

Summary: During October 2024, 23 homes were sold in Braselton; 35% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 9% 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 16 Days Ago

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