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 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

$703,467

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$101,213(+16.8%)

Key Takeaway

Homes in Buckhead have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in Buckhead was $703,467 in November 2024, up 16.8% from last year, and the median price per square foot was $333.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $264.1K$250K
-5.4%
2 $387.8K$394.7K
+1.8%
3 $750K$784.5K
+4.6%
4 $1.0M$1.1M
+6.1%
5+ $1.8M$1.9M
+4.5%

Summary: Buckhead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Neighborhoods

Argonne Forest
+46.6%
Buckhead
+16.8%

Housing Supply in Buckhead, GA

How many homes are available in Buckhead, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
979990+1.1%

Summary: The Buckhead real estate market had 990 homes for sale in November 2024, a 1.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 172192
+11.6%
2 319323
+1.3%
3 166162
-2.4%
4 137122
-10.9%
5+ 185191
+3.2%

Summary: The Buckhead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
157126-19.7%

Asking Price vs. Sold Price

90 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

16 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. 72% of homes here sold below asking price last month.

Summary: A total of 126 homes were sold or pending in Buckhead in November 2024, down by 19.7% month-over-month. Of the 125 sold homes, 72% were sold under asking, 15% were sold at asking, and 13% 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 2023Nov 2024CHANGE
31 Days58 Days+85.5%

Summary: Homes in Buckhead had an average of 58 days on market in Nov 2024, up by 85.5% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

38 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 November 2024, 126 homes were sold in Buckhead; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 18% 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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