$4,928 Closing Credit*
$415,000
5 Beds
•4 Full Baths
Derek Morgan, Listing Office: Unreal Estate Brokerage
Is Conley, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Conley has remained a Seller's Market.
Key Takeaway
Conley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Conley, GA
How much do homes in Conley, GA cost?
Median Sold Price
$240,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$15,000(+6.7%)
Key Takeaway
Homes in Conley have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Conley was $240,000 in September 2024, up 6.7% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $70K | $70.2K | 0.4% |
| 3 Bedrooms | $205K | $220K | +7.3% |
| 4 Bedrooms | $300K | $299K | -0.3% |
| 5+ Bedrooms | $349.9K | $365.3K | +4.4% |
Summary: Conley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Conley | $225K | $240K | +6.7% |
| Atlanta-Decatur | $346K | $352.3K | +1.8% |
| Ellenwood | $300K | $304.3K | +1.4% |
| Forest Park-Morrow | $230.6K | $230K | -0.3% |
| Forest Park | $200K | $194K | -3.0% |
Housing Supply in Conley, GA
How many homes are available in Conley, GA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 60 | 54 | -10.0% |
Summary: The Conley real estate market had 54 homes for sale in September 2024, a 10.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 21 | 11 | -47.6% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Conley housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 47.6%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conley, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Conley in September 2024, down by 44.4% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 45 Days | 55 Days | +21.8% |
Summary: Homes in Conley had an average of 55 days on market in Sep 2024, up by 21.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Conley has remained consistent over time.
Summary: During September 2024, 10 homes were sold in Conley; 20% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.