Is Buckhead, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Buckhead was a Seller's Market.
Key Takeaway
Buckhead is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Buckhead, GA
How much do homes in Buckhead, GA cost?
Median Sold Price
$666,924
$330/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Buckhead have sold for 21.4% more than they did a year ago.
Summary: The median home sold price in Buckhead was $666,924 in May 2024, up 21.4% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $251.6K | -1.3% |
| 2 Bedrooms | $350K | $405.4K | +15.8% |
| 3 Bedrooms | $749.8K | $750K | 0.0% |
| 4 Bedrooms | $1.0M | $1.1M | +3.7% |
| 5+ Bedrooms | $1.8M | $2.1M | +13.5% |
Summary: Buckhead housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 15.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Tuxedo Park | $1.6M | $2.4M | +47.0% |
| Buckhead | $549.2K | $666.9K | +21.4% |
Housing Supply in Buckhead, GA
How many homes are available in Buckhead, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 942 | 1,066 | +13.2% |
Summary: The Buckhead real estate market had 1,066 homes for sale in May 2024, a 13.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 147 | 170 | +15.6% |
| 2 Bedrooms | 239 | 283 | +18.4% |
| 3 Bedrooms | 190 | 205 | +7.9% |
| 4 Bedrooms | 128 | 147 | +14.8% |
| 5+ Bedrooms | 238 | 261 | +9.7% |
Summary: The Buckhead housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 9.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 167 | 159 | -4.8% |
Asking Price vs. Sold Price
86 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckhead, you may be able to get a good deal. 55.5% of homes here sold below asking price last month.
Summary: A total of 159 homes were sold or pending in Buckhead in May 2024, down by 4.8% month-over-month. Of the 155 sold homes, 55% were sold under asking, 12% were sold at asking, and 32% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 34 Days | 40 Days | +17.5% |
Summary: Homes in Buckhead had an average of 40 days on market in May 2024, up by 17.5% compared to last year.
Breakdown of Home Sale Times
106 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Buckhead are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 159 homes were sold in Buckhead; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.