$432,000
19.64 Acres
Land
Jesse Patrick, Listing Office: Georgia Premier RE Advisors
Is Buckhead, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Buckhead was a Seller's Market.
Key Takeaway
Buckhead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Buckhead, GA
How much do homes in Buckhead, GA cost?
Median Sold Price
$622,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$79,750(+14.7%)
Key Takeaway
Homes in Buckhead have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Buckhead was $622,500 in November 2024, up 14.7% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $241.5K | $214K | -11.4% |
| 2 Bedrooms | $550K | $567.5K | +3.2% |
| 3 Bedrooms | $475K | $440K | -7.4% |
| 4 Bedrooms | $499.9K | $844.9K | +69.0% |
| 5+ Bedrooms | $1.3M | $955K | -31.2% |
Summary: Buckhead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 69%, and 5+ bedroom homes decreased by 31.2%.
Housing Supply in Buckhead, GA
How many homes are available in Buckhead, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Buckhead real estate market had 33 homes for sale in November 2024, a 6.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Buckhead 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckhead, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Buckhead in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Buckhead, GA
How long does it take to sell a home in Buckhead, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 34 Days | +595.0% |
Summary: Homes in Buckhead had an average of 34 days on market in Nov 2024, up by 595% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Buckhead are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Buckhead; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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