$819 Closing Credit*
$69,000
990 SqFt
2 Beds
•2 Full Baths
Laura Gaines, Listing Office: Milestone Realty
Is Cobb County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cobb County has remained a Seller's Market.
Key Takeaway
Cobb County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cobb County, GA
How much do homes in Cobb County, GA cost?
Median Sold Price
$434,679
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,532(+4.7%)
Key Takeaway
Homes in Cobb County have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Cobb County was $434,679 in November 2024, up 4.7% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $209K | -0.5% |
| 2 Bedrooms | $274.6K | $280K | +1.9% |
| 3 Bedrooms | $359.5K | $375K | +4.3% |
| 4 Bedrooms | $471.4K | $497.4K | +5.5% |
| 5+ Bedrooms | $689.6K | $725.2K | +5.2% |
Summary: Cobb County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Counties
| Fulton County | $444.4K | $476.6K | +7.3% |
| Cherokee County | $445.7K | $474.4K | +6.4% |
| Cobb County | $415.1K | $434.6K | +4.7% |
| Paulding County | $347.6K | $360.7K | +3.8% |
| Douglas County | $314.7K | $325K | +3.3% |
Housing Supply in Cobb County, GA
How many homes are available in Cobb County, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3,987 | 3,987 | 0.0% |
Summary: The Cobb County real estate market had 3,987 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 43 | 43 | 0.0% |
| 2 Bedrooms | 416 | 426 | +2.4% |
| 3 Bedrooms | 1,555 | 1,536 | -1.2% |
| 4 Bedrooms | 1,182 | 1,163 | -1.6% |
| 5+ Bedrooms | 791 | 819 | +3.5% |
Summary: The Cobb County 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 2.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 3.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 859 | 724 | -15.7% |
Asking Price vs. Sold Price
365 Homes Were Sold
Under Asking
180 Homes Were Sold
At Asking
150 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cobb County, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.
Summary: A total of 724 homes were sold or pending in Cobb County in November 2024, down by 15.7% month-over-month. Of the 695 sold homes, 53% were sold under asking, 26% were sold at asking, and 22% were sold over asking.
Days on Market for Cobb County, GA
How long does it take to sell a home in Cobb County, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 39 Days | +50.0% |
Summary: Homes in Cobb County had an average of 39 days on market in Nov 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
380 Homes Were Sold
Under 30 Days
270 Homes Were Sold
In 30 - 90 Days
74 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cobb County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 724 homes were sold in Cobb County; 52% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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