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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Douglas County, GA

How much do homes in Douglas County, GA cost?

Median Sold Price

$325,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,280(+3.3%)

Key Takeaway

Homes in Douglas County have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Douglas County was $325,000 in November 2024, up 3.3% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $154.9K-
N/A
2 $175K$202.5K
+15.7%
3 $269.9K$279.9K
+3.7%
4 $344.9K$358.5K
+3.9%
5+ $455K$466.3K
+2.5%

Summary: Douglas County 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 15.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Counties

Fulton County
+7.3%
Cobb County
+4.7%
Paulding County
+3.8%
Douglas County
+3.3%
Carroll County
0.2%

Housing Supply in Douglas County, GA

How many homes are available in Douglas County, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
875903+3.2%

Summary: The Douglas County real estate market had 903 homes for sale in November 2024, a 3.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2725
-7.4%
3 364372
+2.2%
4 314319
+1.6%
5+ 169186
+10.1%

Summary: The Douglas County 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 7.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 10.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
170130-23.5%

Asking Price vs. Sold Price

63 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas County, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.

Summary: A total of 130 homes were sold or pending in Douglas County in November 2024, down by 23.5% month-over-month. Of the 120 sold homes, 53% were sold under asking, 24% were sold at asking, and 23% were sold over asking.

Days on Market for Douglas County, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days49 Days+99.7%

Summary: Homes in Douglas County had an average of 49 days on market in Nov 2024, up by 99.7% compared to last year.

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

44 Homes Were Sold
In 30 - 90 Days

25 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 130 homes were sold in Douglas County; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% 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

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MLS Disclaimers and Copyright

Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 12/01/2022 - 12/01/2024

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Last updated on: 12/21/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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