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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckhead is a buyer's market

Buyer's
Market

Difference Since October 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

$710,551

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$112,204(+18.8%)

Key Takeaway

Homes in Buckhead have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Buckhead was $710,551 in October 2024, up 18.8% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $265K$250K
-5.7%
2 $375K$396.8K
+5.8%
3 $745K$783.5K
+5.2%
4 $1.0M$1.1M
+8.2%
5+ $1.8M$1.9M
+4.3%

Summary: Buckhead housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 4.3%.

Housing Supply in Buckhead, GA

How many homes are available in Buckhead, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9771,102+12.8%

Summary: The Buckhead real estate market had 1,102 homes for sale in October 2024, a 12.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 173195
+12.7%
2 311357
+14.8%
3 173182
+5.2%
4 133152
+14.3%
5+ 187216
+15.5%

Summary: The Buckhead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 15.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
143154+7.7%

Asking Price vs. Sold Price

95 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckhead, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.

Summary: A total of 154 homes were sold or pending in Buckhead in October 2024, up by 7.7% month-over-month. Of the 148 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
41 Days48 Days+18.8%

Summary: Homes in Buckhead had an average of 48 days on market in Oct 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

72 Homes Were Sold
Under 30 Days

59 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 154 homes were sold in Buckhead; 47% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% 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

Newest Listings in Buckhead, GA

Nearby Markets to Buckhead, GA