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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglasville is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Douglasville 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 Douglasville, GA

How much do homes in Douglasville, GA cost?

Median Sold Price

$329,777

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,669(+4.0%)

Key Takeaway

Homes in Douglasville have sold for 4% more than they did a year ago.

Summary: The median home sold price in Douglasville was $329,777 in November 2024, up 4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $165K$170K
+3.0%
3 $270.1K$279.9K
+3.6%
4 $344.5K$357.5K
+3.8%
5+ $463K$469K
+1.3%

Summary: Douglasville 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 3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities

Lithia Springs
+6.9%
Douglasville-Lithia Springs
+6.8%
Douglasville
+4.0%
Bill Arp
+1.4%
Winston
-1.0%

Housing Supply in Douglasville, GA

How many homes are available in Douglasville, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
737753+2.2%

Summary: The Douglasville real estate market had 753 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1916
-15.8%
3 305304
-0.3%
4 267276
+3.4%
5+ 146157
+7.5%

Summary: The Douglasville 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 15.8%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 7.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
149111-25.5%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglasville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 111 homes were sold or pending in Douglasville in November 2024, down by 25.5% month-over-month. Of the 102 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% were sold over asking.

Days on Market for Douglasville, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days48 Days+107.7%

Summary: Homes in Douglasville had an average of 48 days on market in Nov 2024, up by 107.7% compared to last year.

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

38 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 111 homes were sold in Douglasville; 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 17 Days Ago

Newest Listings in Douglasville, GA

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