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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dacula-Rocky Creek is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Dacula-Rocky Creek, GA

How much do homes in Dacula-Rocky Creek, GA cost?

Median Sold Price

$478,876

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,739(+8.8%)

Key Takeaway

Homes in Dacula-Rocky Creek have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Dacula-Rocky Creek was $478,876 in October 2024, up 8.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $279.9K$338.5K
+20.9%
3 $370K$386K
+4.3%
4 $425.4K$450.5K
+5.9%
5+ $570K$578.1K
+1.4%

Summary: Dacula-Rocky Creek 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 20.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+8.8%
Dacula
+8.7%
Auburn
+5.1%
Braselton
+5.0%
Snellville-Grayson
+1.3%

Housing Supply in Dacula-Rocky Creek, GA

How many homes are available in Dacula-Rocky Creek, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
864932+7.9%

Summary: The Dacula-Rocky Creek real estate market had 932 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1117
+54.5%
3 172166
-3.5%
4 304338
+11.2%
5+ 377411
+9.0%

Summary: The Dacula-Rocky Creek 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 54.5%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
161159-1.2%

Asking Price vs. Sold Price

99 Homes Were Sold
Under Asking

35 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dacula-Rocky Creek, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 159 homes were sold or pending in Dacula-Rocky Creek in October 2024, down by 1.2% month-over-month. Of the 154 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.

Days on Market for Dacula-Rocky Creek, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days47 Days+78.0%

Summary: Homes in Dacula-Rocky Creek had an average of 47 days on market in Oct 2024, up by 78% compared to last year.

Breakdown of Home Sale Times

62 Homes Were Sold
Under 30 Days

80 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 Dacula-Rocky Creek has remained consistent over time.

Summary: During October 2024, 159 homes were sold in Dacula-Rocky Creek; 39% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 11% 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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