Is DeKalb County, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeKalb County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

DeKalb County 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 DeKalb County, GA

How much do homes in DeKalb County, GA cost?

Median Sold Price

$355,111

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,221(+3.6%)

Key Takeaway

Homes in DeKalb County have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in DeKalb County was $355,111 in October 2024, up 3.6% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$234.3K
+17.2%
2 $235.8K$259K
+9.8%
3 $303.1K$309.8K
+2.2%
4 $413.3K$435.3K
+5.3%
5+ $644.1K$627.4K
-2.6%

Summary: DeKalb County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.2%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Counties

Fulton County
+8.5%
Gwinnett County
+5.5%
DeKalb County
+3.6%
Rockdale County
+1.8%
Clayton County
+1.2%

Housing Supply in DeKalb County, GA

How many homes are available in DeKalb County, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4,1424,660+12.5%

Summary: The DeKalb County real estate market had 4,660 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 6672
+9.1%
2 522588
+12.6%
3 1,7662,017
+14.2%
4 1,1801,312
+11.2%
5+ 608671
+10.4%

Summary: The DeKalb County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 10.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
751770+2.5%

Asking Price vs. Sold Price

395 Homes Were Sold
Under Asking

167 Homes Were Sold
At Asking

169 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeKalb County, you may be able to get a good deal. 54% of homes here sold below asking price last month.

Summary: A total of 770 homes were sold or pending in DeKalb County in October 2024, up by 2.5% month-over-month. Of the 731 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for DeKalb County, GA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days47 Days+76.2%

Summary: Homes in DeKalb County had an average of 47 days on market in Oct 2024, up by 76.2% compared to last year.

Breakdown of Home Sale Times

362 Homes Were Sold
Under 30 Days

281 Homes Were Sold
In 30 - 90 Days

127 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in DeKalb County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 770 homes were sold in DeKalb County; 47% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in DeKalb County, GA

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