$3,146 Closing Credit*
$264,900
2,824 SqFt
4 Beds
•3 Full Baths
Kris M Kolarich, Listing Office: Southern Classic Realtors
Is College Park, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, College Park was a Seller's Market.
Key Takeaway
College Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in College Park, GA
How much do homes in College Park, GA cost?
Median Sold Price
$339,990
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$37,510(-9.9%)
Key Takeaway
Homes in College Park have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in College Park was $339,990 in November 2024, down 9.9% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $224K | N/A |
| 2 Bedrooms | $289K | $223.5K | -22.7% |
| 3 Bedrooms | $372.4K | $329.9K | -11.4% |
| 4 Bedrooms | $425K | $440K | +3.5% |
| 5+ Bedrooms | $625K | - | N/A |
Summary: College Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.7%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Atlanta | $407.8K | $421.8K | +3.4% |
| College Park | $254.9K | $259K | +1.6% |
| Fairburn-Union City | $284.9K | $279.9K | -1.8% |
| East Point | $300.2K | $274.2K | -8.7% |
| College Park | $377.5K | $339.9K | -9.9% |
Housing Supply in College Park, GA
How many homes are available in College Park, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 86 | +10.3% |
Summary: The College Park real estate market had 86 homes for sale in November 2024, a 10.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 34 | 38 | +11.8% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The College Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in College Park, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in College Park in November 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for College Park, GA
How long does it take to sell a home in College Park, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 51 Days | +42.3% |
Summary: Homes in College Park had an average of 51 days on market in Nov 2024, up by 42.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in College Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in College Park; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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