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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chamblee is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Chamblee has remained a Seller's Market.

Key Takeaway

Chamblee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chamblee, GA

How much do homes in Chamblee, GA cost?

Median Sold Price

$517,500

$324/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$83,320(-13.9%)

Key Takeaway

Homes in Chamblee have sold for 13.9% less than they did a year ago.

Summary: The median home sold price in Chamblee was $517,500 in December 2024, down 13.9% from last year, and the median price per square foot was $324.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $236K$240K
+1.7%
2 $370K$335K
-9.5%
3 $618.7K$593.7K
-4.0%
4 $641K$697.5K
+8.8%
5+ $1.3M$1.5M
+9.5%

Summary: Chamblee housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Doraville
+12.3%
Chamblee-Doraville
+4.6%
Chamblee
-13.9%

Housing Supply in Chamblee, GA

How many homes are available in Chamblee, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3231-3.1%

Summary: The Chamblee real estate market had 31 homes for sale in December 2024, a 3.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 88
0.0%
3 88
0.0%
4 1212
0.0%
5+ 33
0.0%

Summary: The Chamblee housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chamblee, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Chamblee in December 2024, down by 25.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Chamblee, GA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days14 Days-49.4%

Summary: Homes in Chamblee had an average of 14 days on market in Dec 2024, down by 49.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 6 homes were sold in Chamblee; 83% of homes were sold within 30 days, 17% 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 4 Days Ago

Newest Listings in Chamblee, GA

Nearby Markets to Chamblee, GA

What housing markets are near Chamblee, GA?