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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conyers is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Conyers, GA

How much do homes in Conyers, GA cost?

Median Sold Price

$306,600

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,346(+2.5%)

Key Takeaway

Homes in Conyers have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Conyers was $306,600 in November 2024, up 2.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $96.5K$83K
-14.0%
2 $160K$195K
+21.9%
3 $255K$261.6K
+2.6%
4 $355K$350K
-1.4%
5+ $470K$465K
-1.1%

Summary: Conyers housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Cities

North Rockdale
+11.5%
Conyers
+2.5%
Covington-Porterdale
+1.8%

Housing Supply in Conyers, GA

How many homes are available in Conyers, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
630635+0.8%

Summary: The Conyers real estate market had 635 homes for sale in November 2024, a 0.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2020
0.0%
3 267267
0.0%
4 193192
-0.5%
5+ 150156
+4.0%

Summary: The Conyers 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 remained the same, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10167-33.7%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conyers, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Conyers in November 2024, down by 33.7% month-over-month. Of the 58 sold homes, 55% were sold under asking, 28% were sold at asking, and 17% were sold over asking.

Days on Market for Conyers, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days68 Days+57.7%

Summary: Homes in Conyers had an average of 68 days on market in Nov 2024, up by 57.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Conyers has remained consistent over time.

Summary: During November 2024, 67 homes were sold in Conyers; 31% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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