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 November 2023

Since last year, Buckhead Forest has remained a Buyer's 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

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$120,000(-20.3%)

Key Takeaway

Homes in Buckhead Forest have sold for 20.3% less than they did a year ago.

Summary: The median home sold price in Buckhead Forest was $470,000 in November 2024, down 20.3% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $330K$392.5K
+18.9%
2 $565K$439.7K
-22.2%
3 $800K$788.7K
-1.4%
4 $880K$975K
+10.8%
5+ $1.6M-
N/A

Summary: Buckhead Forest housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.9%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 1.4%, 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

Oct 2024Nov 2024CHANGE
2728+3.7%

Summary: The Buckhead Forest real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 1014
+40.0%
3 118
-27.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Buckhead Forest 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 increased by 40%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Buckhead Forest in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
6 Days59 Days+891.7%

Summary: Homes in Buckhead Forest had an average of 59 days on market in Nov 2024, up by 891.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Buckhead Forest has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Buckhead Forest; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

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