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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Dacula-Rocky Creek was a Seller's Market.

Key Takeaway

Dacula-Rocky Creek 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 Dacula-Rocky Creek, GA

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

Median Sold Price

$479,814

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,901(+7.8%)

Key Takeaway

Homes in Dacula-Rocky Creek have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Dacula-Rocky Creek was $479,814 in November 2024, up 7.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $291.2K$338.5K
+16.2%
3 $371.5K$386.6K
+4.1%
4 $429.3K$451.1K
+5.1%
5+ $573.6K$579.7K
+1.1%

Summary: Dacula-Rocky Creek 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 increased by 16.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Cities

Dacula
+8.4%
Dacula-Rocky Creek
+7.8%
Auburn
+4.9%
Braselton
+4.7%
Snellville-Grayson
+1.4%

Housing Supply in Dacula-Rocky Creek, GA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
872848-2.8%

Summary: The Dacula-Rocky Creek real estate market had 848 homes for sale in November 2024, a 2.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1715
-11.8%
3 159158
-0.6%
4 326314
-3.7%
5+ 370361
-2.4%

Summary: The Dacula-Rocky Creek 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 decreased by 11.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 2.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
171138-19.3%

Asking Price vs. Sold Price

92 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

16 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. 69.2% of homes here sold below asking price last month.

Summary: A total of 138 homes were sold or pending in Dacula-Rocky Creek in November 2024, down by 19.3% month-over-month. Of the 133 sold homes, 69% were sold under asking, 19% were sold at asking, and 12% 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

Nov 2023Nov 2024CHANGE
33 Days46 Days+38.3%

Summary: Homes in Dacula-Rocky Creek had an average of 46 days on market in Nov 2024, up by 38.3% compared to last year.

Breakdown of Home Sale Times

62 Homes Were Sold
Under 30 Days

56 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dacula-Rocky Creek are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 138 homes were sold in Dacula-Rocky Creek; 45% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 14% 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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