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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacula is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Dacula has remained a Seller's Market.

Key Takeaway

Dacula is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dacula, GA

How much do homes in Dacula, GA cost?

Median Sold Price

$467,300

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,300(+8.7%)

Key Takeaway

Homes in Dacula have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Dacula was $467,300 in October 2024, up 8.7% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $230K$365K
+58.7%
3 $355K$375K
+5.6%
4 $418.6K$438K
+4.6%
5+ $530K$561.5K
+6.0%

Summary: Dacula housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+8.8%
Dacula
+8.7%

Housing Supply in Dacula, GA

How many homes are available in Dacula, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
338371+9.8%

Summary: The Dacula real estate market had 371 homes for sale in October 2024, a 9.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 7372
-1.4%
4 107131
+22.4%
5+ 157165
+5.1%

Summary: The Dacula housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 5.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5765+14.0%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 65 homes were sold or pending in Dacula in October 2024, up by 14.0% month-over-month. Of the 64 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Dacula, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days48 Days+71.3%

Summary: Homes in Dacula had an average of 48 days on market in Oct 2024, up by 71.3% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 65 homes were sold in Dacula; 38% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 12% 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 16 Days Ago

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