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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conley is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Conley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Conley, GA

How much do homes in Conley, GA cost?

Median Sold Price

$242,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+7.8%)

Key Takeaway

Homes in Conley have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Conley was $242,500 in November 2024, up 7.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $72.5K$70K
-3.4%
3 $209K$211.5K
+1.2%
4 $275K$309K
+12.4%
5+ $377.1K$350K
-7.2%

Summary: Conley 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 3.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Cities

Conley
+7.8%
Atlanta-Decatur
+2.0%
Ellenwood
0.0%
Forest Park-Morrow
-0.1%
Forest Park
-7.6%

Housing Supply in Conley, GA

How many homes are available in Conley, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6065+8.3%

Summary: The Conley real estate market had 65 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2224
+9.1%
4 1923
+21.1%
5+ 1110
-9.1%

Summary: The Conley 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conley, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Conley in November 2024, the same as the previous month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% 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

Nov 2023Nov 2024CHANGE
34 Days26 Days-24.4%

Summary: Homes in Conley had an average of 26 days on market in Nov 2024, down by 24.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Conley; 60% of homes were sold within 30 days, 40% 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 2 Days Ago

Newest Listings in Conley, GA

Nearby Markets to Conley, GA

What housing markets are near Conley, GA?