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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conley is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Conley was a Seller's Market.

Key Takeaway

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

Housing Prices in Conley, GA

How much do homes in Conley, GA cost?

Median Sold Price

$242,500

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,550(+5.5%)

Key Takeaway

Homes in Conley have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Conley was $242,500 in December 2024, up 5.5% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $75K$70K
-6.7%
3 $210K$210K
0.0%
4 $275K$308K
+12.0%
5+ $389K$300K
-22.9%

Summary: Conley housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 22.9%.

Median Sold Price Compared To Nearby Cities

Conley
+5.5%
Atlanta-Decatur
+1.7%
Ellenwood
0.1%
Forest Park-Morrow
-0.6%
Forest Park
-9.2%

Housing Supply in Conley, GA

How many homes are available in Conley, GA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5662+10.7%

Summary: The Conley real estate market had 62 homes for sale in December 2024, a 10.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 2017
-15.0%
4 1720
+17.6%
5+ 1114
+27.3%

Summary: The Conley housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conley, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Conley in December 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Conley, GA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days39 Days-6.4%

Summary: Homes in Conley had an average of 39 days on market in Dec 2024, down by 6.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 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 Conley has remained consistent over time.

Summary: During December 2024, 8 homes were sold in Conley; 38% of homes were sold within 30 days, 63% 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

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