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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckhead Forest is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Buckhead Forest was a Neutral Market.

Key Takeaway

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

Housing Prices in Buckhead Forest, GA

How much do homes in Buckhead Forest, GA cost?

Median Sold Price

$470,000

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$130,000(-21.7%)

Key Takeaway

Homes in Buckhead Forest have sold for 21.7% less than they did a year ago.

Summary: The median home sold price in Buckhead Forest was $470,000 in October 2024, down 21.7% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $334K$392.5K
+17.5%
2 $565K$434.5K
-23.1%
3 $800K$790K
-1.3%
4 $880K$975K
+10.8%
5+ $1.6M-
N/A

Summary: Buckhead Forest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes did not change.

Housing Supply in Buckhead Forest, GA

How many homes are available in Buckhead Forest, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
33330.0%

Summary: The Buckhead Forest real estate market had 33 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 97
-22.2%
2 1215
+25.0%
3 1110
-9.1%
4 11
0.0%
5+ 00
0.0%

Summary: The Buckhead Forest housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckhead Forest, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Buckhead Forest in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Buckhead Forest, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
104 Days10 Days-89.7%

Summary: Homes in Buckhead Forest had an average of 10 days on market in Oct 2024, down by 89.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Buckhead Forest; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

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